Brandon Gray

@robbiehendricks @naval 🎯

@naval I worry more about people who look up to politicians.

If the people you most look up to are investors and financiers, then your God is money.

@CryptoMikli Drinking definitely was not his only mistakes. Neither should he blame alcohol on his poor will power for the half dozen other mistakes he made.

Steven Bartlett says a few glasses of wine ruined the next 3 days of his life “It's one of those areas where you don't understand the hidden cost until you really give it up for a while. I stopped drinking at 30 years old. I'm now 33. When I was 31, I thought, I'll have a drink again because now I could really A/B test it. I had a year of not drinking, decided to have a drink again” “It ruined three days of my life. I had a couple of glasses of wine, didn't get drunk. It ruined three days of my life because of the domino effect it caused” “I got worse sleep that night, and then because I got worse sleep that night, I ate more poorly the next day because my dopamine system or whatever, the cortisol system was all messed up. I podcasted worse. I didn't go to the gym that day or the day after because I felt really bad. I then slept worse, and I could track all of this on my Whoop”

@CryptoMikli I would like for more podcaster to then drink.

@MultifamilyMad He’s just a typical wholesaler. I am interested in who the end buyer is. Show me the greatest wholesaler. I know of none. Very good real operators. He operates in a small thought business.

Why do we allow scumbags like this to operate?

@mickakers He should invest it with @BeardyBrandon

Las Vegas native swimmer Cody Miller said he’s going to invest the $500k he won at Enhanced Games in his childrens’ future. #vegas #enhancedgames

@financeguy725 Good. Just ask for money off still.

@NetNetData We don’t even have due diligence in Connecticut anymore 😅

I have figured out how we get boomers to sell their houses Fuck up the waste line Something you can’t fix with a snake or a jet Once it’s a solid shit brick they don’t know what to do and just sell Source: the last two houses I’ve bought

@JeebsTX These are famous people or operators. Not investors.

If you’re having a bad year, just remember: Mark Zuckerberg wasted $73 billion on the Metaverse. Tim Cook wasted $10 billion on the Apple Car. Jeff Bezos lost $10 billion chasing Alexa. Masayoshi Son lost $14B investing in WeWork and missed out on $150 billion by selling Nvidia early. Cathie Wood dumped Nvidia right before ChatGPT launched and missed $1.2B Logan Paul bought an NFT for $630,000 in 2021. Today, it's worth only $140. Even the RICH and famous get it completely wrong sometimes.

@robbiehendricks @GoseaFarris Keep crushing it! The tri state is lucky to have you

@NetNetData @GoseaFarris If you’re not having fun, you’re doing it wrong 🫡 Let’s go.

I’d like to give Brandon Turner sincere credit for this post on IG. He fully owned up to the loss of LP capital publicly. Explained his responsibility, which is the most important, along with the market factors the affected the downfall of this deal. This is exactly how a sponsor should transparently communicate when something like this happens. It doesn’t make the loss of capital easier, but I have true respect for people that take ownership. The guru class has butchered the handling of their errors over the past 5 years. Brandon is the first one I’ve seen to step forward and address it. Credit where credit is due. Bravo.

@robbiehendricks @GoseaFarris Thanks Robbie for joining the joke. I am serious. You are one of the good ones. I can see plenty of young guys look up to you and it is very deserved.

@NetNetData @GoseaFarris

@GoseaFarris @robbiehendricks Farris, but he said he was sorry. That’s all his LPs need.

@robbiehendricks Why wouldn’t he pay back the $15,000,000 if he’s that sorry @robbiehendricks ?

@thmoneycircle How he can’t learn from general consensus of relatively smart following base - tells all you’d need to know about his character and ability to grow. I am disappointed to say I followed him at one time.

I wonder which one more people agree with???

@Jacob_Naviaux @BlueRocketParty Did you disclose to the seller that you are/ are a partial owner of the entity?

@BlueRocketParty The seller has every right to say no. We don’t do this with people we have relationships with, but for the one-off’s, yes we’re going maximize our profit potential just like the seller is trying to maximize theirs.

Fixer upper gets listed for $250k. I offer $180k with 3% commission — I’m a licensed agent and my company is the buyer. Plan is to wholesale it for $190k. Needs $75k in work and will be worth $320k after repairs. Listing agent says too low. 4 weeks later our CRM notifies me the list price dropped to $225k. I follow up. Agent still says $180k is too low. Another month goes by. CRM notifies me again — price drops to $210k. I follow up. Agent says they think it’ll work. I draft the offer, send it over, and it gets accepted. We price the deal at $190k and sell it — signed contract and EMD in hand. While we’re still in DD, I tell the agent my buyer needs a $20k price reduction to move forward, but they’re ready to wire EM and waive the rest of DD. Seller meets us halfway. Price drops to $170k. We make $25k. That’s the exact play we run wholesaling MLS properties.

Here ya go, by definition if you did not disclose that you are an owner/partial owner of the buyer entity the seller has means of termination and you are a scammer. GREC rules in Chapter 520-1 and related statutes like O.C.G.A. § 43-40-25 and the Brokerage Relationships in Real Estate Transactions Act or BRRETA in O.C.G.A. § 10-6A) (Yay AI! Given you operate in Georgia as per your profile) Also, sad to the listing agent for not getting this topic.

@Jacob_Naviaux Does your state have obligation to disclose that you are an owner in the purchasing entity? This is often a rule due to this behavior.

@LeSangrePedro @Jacob_Naviaux @tj28283 Very well said.

@Jacob_Naviaux @tj28283 "I tell the agent my buyer needs a $20k price reduction." Dude, that sentence implies that you don't even disclose that YOU ("your company") are the buyer. Legal or not, that's not an honest negotiation.

More than a promise, you had a contract price. It is more weight baring than a “promise” as you declare. But then you pressure some inexperienced seller on a price cut during DD because you knew you could. So, yes, you are remarkably unethical. How you don’t recognize it pushes you from “unethical” to unethical AND stupid” which is worse than the formal. Congrats!

@REExchangor @tj28283 There is no lying. I didn’t make any promises I could pay a certain price when making an offer with a DD period. Makes no logical sense how one can view this as dishonest or unethical when you fully dissect what’s actually happening with what I posted and what I do.

Big congrats on the engagement. This is wonderfully big engagement. You must be so happy by this engagement. Awesome engagement. But what does this good you? Means to realize better ways to do business? Or to double down on your dumb premise? (Acknowledging said dumb premise made you money, but why not make money by buying/ providing more value?)

@Jacob_Naviaux Grow a pair and buy it yourself rather than re-trade. Re-trading is for the smooth brained. If you think it is a deal take it on and either operate or improve then sell. (Key word on improve). Whoever your end buyer is obviously ignorant. Otherwise you wouldn’t have a market.

@loganzuber17 @Jacob_Naviaux Scum is the word I was thinking before I finished your post.

@Jacob_Naviaux Man, this sucks so hard. So your intention is to go into it knowing that you’re going to drop the price again during DD right below the finish line because you’re banking on them just wanting to be rid of it. Justify it how you want, but it’s scumbag behavior.