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Skylar Wallace
32K posts

Skylar Wallace
@sky8632
Entrepreneur. Eastern Shawnee Tribal member. 7 figure SMB Mortgage team founder & current CMO/CFO. Native 8(a) Holdco board member.
Seneca, MO Katılım Şubat 2011
1.8K Takip Edilen1.2K Takipçiler

@ecom_cork I bet you can just ask the AI to give you the steps that Hormozi teaches to set a custom AI for your business. It’s probably programmed in there.
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@sky8632 That on YouTube ? Or is it in the money models bundle ?
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@ecom_cork It was a live training they did for the money models folks. Maybe in November of last year?
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@CryptoKaren7 @TS_Secrets @GrittyGrowth You said it doesn’t impact much of anything. That’s not correct. Not at all.
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I just got approved for a $150,000 HELOC.
And I’m about to turn my 15-year mortgage into <3 years.
Here’s the crazy math:
Most people buy a $400k house and end up paying $700k+ over time.
That’s $300k in interest just for following the “normal” plan. I’m not doing that.
Instead - Using a HELOC to hit large chunks of principal
• Routing my income through the line
• Letting cash flow crush the balance faster. Same house.
Same income.
Completely different outcome.
People will say this is risky. But taking 30 years to pay off a house and handing the bank $300k?
That’s the real risk. I’ll update this journey as I go.
Who here thinks this is genius…
Who here has done this before?
Why isn't no one talking about this?

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@CryptoKaren7 @TS_Secrets @GrittyGrowth Not true. It can make a huge dent on FICO. Revolving utilization is 30% of your score. If it’s over 70%, you lose 30% of your score. Gone. If he has lots of other open revolving debts it can minimize, but this will absolutely lower his credit score.
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@TS_Secrets @GrittyGrowth Don’t affect much of anything. Dude is being a clown above.
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@investandcreate @housleyd Came here to say this. Easily the worst of all 3 on his list.
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@housleyd I’d put HOAs over all 3 of those
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@mortgagetruth @Ally_Sammarco Why did they use a pic of a guy tha won’t be around in 2027?
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@Ally_Sammarco What does buying a home have to do with short term rates?
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How is anyone supposed to buy a home at this point
Kalshi@Kalshi
BREAKING: 62% chance of Fed rate "hike" in 2027
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@TennisonEddie 220. Took a 30amp slot in my breaker. But it cooks!
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I just drove to my local Sam's Club to eyeball one of these. I've been shopping saunas for over a year.....and I'm convinced it represents exceptional value for $2700.
I've seen ones I liked a little more, but this one is a LOT of bang for very few bucks. I need two of 'em, and the best part is I won't have to trailer them to Flag. I can get them there.😁

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@coleruudjohnson This is true in lending too. All lenders want to build a “big team”. I’ve found that it’s an absolute nightmare unless you’re able to hit net margins around 40%-50%. Which is WILDLY hard to do. It’s taken us years to push them over 40%. But once we hit it…Dude.
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If you aren't running your real estate business at a 50% net margin, stop scaling.
The brain damage of scaling a real estate business is only worth it if you have absurd margins.
-- It's a fixed overhead & variable revenue business
-- Deals will always come in waves
-- You're not building enterprise value
The ideal real estate business:
-- 4 people on your team per $1M / year in revenue
-- 50% net margins
-- 12 months of cash runway
-- $500,000+ / year net income to the owner
-- You aren't a prisoner of your business
If you get there, for most operators, the brain damage of going bigger isn't worth it.
Get there, invest in great assets in appreciating areas, and let time make you wealthy.
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@rohindhar There’s a metaphor in here for AI created content. I just know it.
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@ManOfFocus_ Old, outdated advice. Complete rubbish these days. You can accomplish wonders from anywhere. Small towns bring SO much value that you have no comprehension of.
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@Budgetdog_ Sure it is. It’s just not your investment. For many folks, it’s an investment for their children and grandchildren. You just operate in this weird bubble and don’t see the full picture.
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@GMillerMortgage @jasonjosephlee We have built a really solid value prop for realtors. Hardly ever pay for the business. We just crush on value for them. It’s all focused around increased lead conversion.
However, it’s so much work. 😂 Managing all these folks and doing all these loans…exhausting.
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I shifted a few years after I started. Had a realtor I did everything for .. available any hour any day. Come in one day and she says I’ve been offered money per lead. Can you match it? And now it’s even worse with joint ventures so it’s never been worse . Steering clients to worse terms for kickbacks wasn’t why I signed up
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@Drakeb4Degrassi @jasonjosephlee It causes its own issues. “Good problems” but still problems. Needing to hire. Needing to make sure the support team isn’t over worked. Needing to make sure no deals break. Just lots of problems. Blessed to have these problems but it is still tough.
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@sky8632 @jasonjosephlee Wish I had that problem. Not dead by any means, but would love 94 in the pipe 🤣
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