Jay Strickler

@andyantiles_ I like it. Final decision would be contingent on property condition and turnover frequency for the most part. A competent property manager can handle administrative items on Sec in their sleep

Would you buy this deal? 45 unit multi family apartment building Purchase price: $3m Cash to close: $820k (25% down + closing costs and some seller credits) Total annual cashflow: $155k Estimated year 1 tax deduction: ~$850k Would be my biggest multi family and traditionally, I’m not a huge fan of section 8 / c class tenants living in such close proximity at this scale. What are your thoughts?

@lgsguy @TS_Secrets So $11k is the kit price before shipping? Thats pretty reasonable

@TS_Secrets Frame kit is around $11K Finish out price depends on how fancy you go. $110-$130 ft

This Nano home is framed out of 100% panelized cold formed steel. All made in America🇺🇸 We use it as a model house at our manufacturing plant. 665 sqft and can be framed in a day with a crew of 4 guys. It sits on floor trusses so you can easily run your plumbing, electrical and mechanical The future of housing will be smaller but more robust. We think our all steel Nano homes are a great option

@CreateNotesOnRE That makes sense. How many total have you deployed?

@strickler_jay Had to become a dealer in this state to get that. Way under the retail price.

If someone puts in $5m cash to do brand new doublewide mobile homes on land to be seller financed. I will give you all the cash flow if you give me all the upside as well as move with me if I can exchange both our positions into a better situation. Example: $5m = 38 deals approximately after recouping the down payments and reinvesting that. That should equal $7,790,000 in total paper paying $58,797 a month. I'll balloon your $5m out within 10 years. That's approximately 14% rate of return for you. If we trade the almost $8m in paper. We will make a new deal at that time that we both like based on the new circumstances. #realestate #invest #retwit #mortgage #highyield Sold the one below for cash. Can easily sell these owner finance for as much or more.

@CreateNotesOnRE I will have to look for those. Haven’t seen anything even close for a double wide. Definitely get the potential with that price. Thanks for the tip.

@strickler_jay For something that I would owner finance the unit is about $65,000 or less from a lesser manufacturer. But that's a 1440 ft² 3 bedroom 2 bath Cavco delivered.

@loganjrankin Not Chess, Monopoly!

Closed a 4-unit last week. I own the 14 properties around it. Wanted this one for years. Patience paid off. Well… overpaid. All cash. Quick close. His terms. Most investors would call it a bad deal. But 1 + 14 doesn’t equal 15. I own the whole street now. Both sides. Long term, I stole it.

@CreateNotesOnRE @dividendology All in cost out of your pocket to put 15 double wides in place?

@dividendology Yes can setup 12 double-wides on land, seller finance them and create around $20k a month in income for 30 years. And that's before I leverage anything.

Do you think you could retire forever on $2,000,000?

@iononrecourse Corporate ownership

Real estate companies used to put the principal owners' names/family on the door: Buzz Oates Fisher Brothers Schostak Brothers Hines Interests Silverstein Properties Trammell Crow Co. Cousins The John Buck Company Now the names are more vague and esoteric: Greystar Rialto Cortland Northwood Blackstone Starwood Spear Street Ideas on why that changed?

@fortworthchris Serious question- south of the equator do cities grow south?

There is only one city in the United States that doesn't grow north - Minneapolis-St. Paul, restricted by geography. Every other city in the country grows north. That's the framework Rex Glendenning has been using for 40 years to position himself in front of growth. People in Celina laughed at him 30 years ago for buying dirt in the boondocks. He plowed every dollar after taxes and overhead back into 40 and 50-acre tracts anyway. In this clip from this week's episode - the rule of thumb Rex says should be on the first page of every real estate book.

@MultifamilyMad Could not disagree more. One or two rental purchases a year is a great plan. The snowball only accelerates.

Too many folks I talk to think they can buy a duplex or two a year or flip a house and get rich off of real estate. There is nothing wrong with that and I’m sure in the long term it could work. In reality a duplex will cashflow you a few hundred bucks a month but if the furnace goes out…there goes a year of cashflow. Or flipping a house, great profit…just to give 30% of it to the IRS. You aren’t creating any real wealth. Reality is, you need to go bigger in real estate to make an amount of money that changes something in your life. (Isn’t that the reason we are all doing this?) And I’m not talking about syndicating or using other people’s money. You shouldn’t focus on getting into real estate. You really need to focus on your income, getting it up & saving as much of it as you can. Find a way to make a strong income and allow those funds to grow your portfolio. Getting into real estate to make loads of money is the incorrect thinking. You should be thinking, ‘how can I work my ass off to make a huge income for a few years’, then use that money to buy bigger real estate that profits way more much each month and you can make a true business out of it. Doing a few small deals to try and grow your portfolio or net worth ain’t it and it isn’t worth it. Yes I know this is easier said than done and some people can’t get a larger income to scale faster. I get it and know it’s not possible for everyone. I spent the last 8 years pushing my brokerage income to the max. I had a really strong 8 years and rolled all those funds into the $13M personal portfolio I have today. I can never sell another piece of real estate for a commission check and comfortably sit back and live off the cashflow my portfolio creates. But I like what I do on the brokerage and operator side and I like nice things…so I’ll keep on keeping on ;) I hope this encourages someone to buckle down and go bigger, quicker!

David Ignatius: Presidents avoided war with Iran for 47 years. Iran is big, wily, smart. No easy exits. Trump blew through his briefings. Thought Iran would be like Venezuela - show up, capitulate, done. Now he's stuck. No one's rushing to help. And he's learning about unanticipated consequences the hard way The 'greatest negotiator' walked into a trap.

@Jacob_Naviaux Everything the same here except HVAC. Probably $1500 higher where I am.

Here’s what I’m paying on a few line items on my flips in metro Atlanta right now. Interior Paint Labor: $2/sf | Materials: $0.60/sf (ProMar 400) LVP Labor: $1.25/sf | Materials: $1.59/sf (5mm/12mil) HVAC (swap 1 system) Labor: $1,600 | Materials: $2,900 (Goodman 2.5-ton AC + gas furnace) Roof Labor: $75/sq | Materials: $145/sq (architectural shingles) Tile Labor: $8/sf (niches + benches priced separately) Materials: varies too much to quote Appliances Materials: $1,500 (SS range, micro, DW—I don’t offer a fridge) High or low from what you’re paying in your market?

@CaseyMericle I LOI’ed pretty hard this morning. Now I just have to find someone else’s money to close with:-)

Interviewer: What’s your biggest fault Me: I LOI too hard

@CaseyMericle Prime minus 3/4%

Name the best interest rate you’ve gotten on a loan in the last 6 months?

@TheRealEstateG6 That overly simplistic analysis completely ignores other asset classes. Also, there is a whole lot of discussion to be had regarding what “getting ahead” means.

What people don't understand about the S&P is that every single person in the country who has money is also invested in it When your money goes up 15%, so does everyone else's You gained zero relative wealth. You need to outperform the S&P if you want to actually get ahead

@PaulGoldEagle Uncle Sam -

Trump is definitely trying to tell us something. As soon as he said Red Cross, my ears perked way the hell up! The Red Cross has finally entered the conversation. And boy, didn’t DJT get everyone’s attention with this image?? He got the Pope/Vatican too all in one post. Has the Red Cross been money laundering to the Vatican? Are they involved in human trafficking? AND…DJT had a DoorDash delivery from McDonald’s, who is a Red Cross partner. Could the message not be any clearer? A side note…that man lying there in that image sure does look like JFK Jr being healed and raised from the dead. 🤷🏻‍♀️ Just sayin. (Symbolism, folks! Don’t get your undies in a wad!!) Anyone else think that too? So maybe he is drawing a parallel between the Red Cross and the Pope providing various support to Iran? Is the Red Cross delivering humanitarian aid to Iran? — April Delta RED CROSS IRAN. Keep an eye out for Red Cross news. People have no idea what Red Cross really is. H/T Angie Liberty Angel Fisher

@GovKathyHochul You really don’t get how the real world works.

If you can afford a multi-million dollar second home in New York City, you can afford to join its residents in supporting the greatest city in the world. nytimes.com/2026/04/14/nyr…

@moseskagan @romanhelmetguy It’s much much more significant striking sovereign land targets than the sea lane. The pipeline is an outstanding solution and should have been done ages ago.

@romanhelmetguy Why do you think that pipeline would not be vulnerable to the same sorts of missile and drone attacks they're threatening in the SoH?

Ok next strategic step: The US military should help Saudi Arabia quickly build a new 30M bpd East-West pipeline. That’s more than enough to cover all the oil that passes the Strait of Hormuz. Let Iran know that if they don’t surrender, we’ll fill up the strait with sand and they’ll be paying pipeline tolls to Saudi Arabia for the rest of history. Should’ve been done 47 years ago, but the next best time is now. Building such a pipeline would cost less than a week of this war.

@GunnelsWarren Not sure you understand the definition of the word “steal”

Elon Musk, the richest man alive worth $800 billion, owns 53% of the pie. The top 1% own 93% of the pie. Since 1975, $79 trillion in wealth has been redistributed from the bottom 90% to the top 1%. Bake 10 more pies and the 1% will steal 9 of them. 4 words: Tax the damn rich.

@HistoryBoomer What an absolutely idiotic idea. Society would completely rot if this happened. Just walk through housing projects where people are provided everything they need except the dignity that comes from providing for oneself.

The US has 989 billionaires with a net worth of at least 5.7 trillion dollars hording our resources. If we distributed that $$$ equitably, regular Americans could leave their jobs and explore lives of creativity and self-growth, with food, clothing, and shelter provided for free.