FourPlex Guy Carlos Gonzalez

This is how I remodel my Fourplex units. All of them with some variance in flooring. Bathroom is all the same I chose the bathroom flooring and the tiles along with the doors. I love it. This is a 3 bedroom 1 bath 750 sq ft $2500 South phoenix AZ

@patrickbetdavid @TodaysFX_ Work hard on whatever project you pick up and don’t half ass it

What is the biggest lesson you learned from your father growing up? Share 👇🏽

@sweatystartup I like that Nick doesn’t block anyone. One of the best for sure

Bad move. You'll end up moving to NYC, getting purple hair, having no kids by 40, driving a sedan, investing heavily in AI, marrying a woman who has an instagram following and generally failing at life.

The biggest mistake a landlord makes is not giving a bad tenant a chance and they destroy the property but not thinking interest rates aren’t going up so they buy buy buy. 5 years later they lose the asset and lose all their equity. I’d rather buy a good asset with an expected rate that is controllable and make mistakes with tenants than losing the asset to the bank because the interest rates have increased and losing the equity.

@Jaminghomes It could be better but sometimes you just want to continue doing what you’re doing and get better at it. You can have 50 units together or you can have 25 duplexes in different locations and maybe that’s better for some investors like myself

@dig_deeper1 That’s good? Just wondering 🤔 if it would be better to 1031 into a larger property

If you can afford the $500K debt to buy a property then do it. You’re locking in $500K capital. Never sell. Power of real estate. Many folks don’t understand this

@TylerTroutmanTX That’s awesome. You can get paid from 7%-18%

@dig_deeper1 I have a couple of rentals that I will be exiting this year. Will have some stacks to invest.

Hard money lenders make more money than developers make.

@integerhomes Damn

@dig_deeper1 haha 50%. ive had houses where I was lucky to get single digits. sucks a lot

Building custom homes are an excruciating pain in problem solving for developers. Some developers even ask themselves why they go through that but it pays the bills. I wonder what’s their margin in building custom houses 50%-100% ? Needs to be really high to justify sleepless nights and headaches

@TylerTroutmanTX How much would you invest?

@dig_deeper1 Whats a good way to get started in this as an investment?

@Jarneoffgrid The only way

@dig_deeper1 I'm aiming for 100%

@MillerExtraLite I can only imagine

@dig_deeper1 Better off building spec homes, the last thing you want to deal with is a customer during the build process

@CREwithGarrett Brutal business to be in

Custom home margins are rarely as high as people assume. Most developers are working in the 15–25% net range after land, carrying costs, and change orders eat into gross. The real pain isn't the margin — it's that every custom build is essentially a brand new business with a client who keeps changing the rules.

@trist_1969 @AdramNinja It’s very easy to do it.

@btcbullbuilder Brutal

@dig_deeper1 Most people charge 15% cost plus.. Many don't even charge for project management or admin fees.. Its nuts. Most custom home guys are poor. Developing is where money is made but only when the market is going up.. Not like right now. Most people are just trying to stay busy.

@Jpmontoya_94 Others don’t do that. There is the difference. The process is much faster the draws are much much faster with no liens but with backbreaking rates

@dig_deeper1 Yes.

@AdramNinja Problem solving, that’s the problem. Find a niche and get great at what you do. Build the same thing over and over and you’ll be unstoppable Problem solving it’s just a lot of energy consumption, there is gotta be something easier

@dig_deeper1 It’s all brutal. Avoiding and solving problems well is key.

@AdramNinja Remodela are the least worse but also comes with a lot of headaches

@AdramNinja There are a lot who don’t want you to have skin in the game they just pay you to build Customs house is brutal I hear

@JanSierada @wbridgefa Yes you will. There are people for everything

@dig_deeper1 @wbridgefa Not if it’s half finished

@AdramNinja You work with investors so you don’t risk your money ?

@dig_deeper1 I’m a GC. Would love to be a builder, but not willing to take the risk in current environment. Just because you can doesn’t mean you should. I’d rather do nothing than work for free or pay to work.

@TylerTroutmanTX Absolutely 💯

@dig_deeper1 Can anyone add their money to a hard money lender’s fund for a return?