Flips, Rentals, Development SH LLC

Another closing in the books, property #6, door #7! I’ve now invested in 5 different types of real estate! I think I could’ve scaled more quickly if I had stuck to one asset class, but that wouldn’t be who I really am. I’m jack of all trades, who learns by doing! #closingday 🥂

@AmeliaRodrigJan He met the final boss

The best Negotiator EVER. When the buyer was at 800, the seller countered his offer with 100 more, taking it up to 900, no hoodie. Then, the deal ended up at 950 with a hoodie.😅😅

@TheSalonDon The bottom

My salon accepted a fake $50 today Can you tell which one?

Spencer Pratt has created a phone app that will be used for accountability of public officials if he’s elected Mayor of Los Angeles Here’s how it works - Residents will be able to report things like piles of trash - They can upload a video, the location is geotagged - An email will be sent out to all the public officials for the problem - The app will keep track of their record of addressing the problems - A ranking system will be made showing how successful each public official is in each area If they did fix issues they’ll have a high score, if they ignore issues they’ll have a failing score Then voters can easily see which public officials should be voted for and who needs to be voted out

Pushing a clothing brand is like doing the toughest thing you’ve ever done, and realizing it’s only 1% of the journey. I love chimeraclothing.co !

Like it or not, this is the ideal first rental property. 4 Units All 2 beds, outdated but great shape Off street parking and good size lot I prefer post 1970 but if it’s got good bones, that's really all that matters. You'll find these everywhere out there, good and bad neighborhoods. Keep it simple. These are the Midwest bread and butter.

But I’m nowhere near close to giving up, and I’m a few things right from having over 500k in disposable income for new projects starting Q4. I especially love my family and friends who have kept me solid through a very tough time, and I cannot wait to embark on the future.

In a couple years I’m going to have all the big guys from ReTwit investing in my projects. I’m a low level, low class nobody, who came from nothing and has had to work hard and cut every available corner to get where I am. I recently hit a lot of barriers regarding mental health

Byron Allen, Founder of Allen Media Group, explains how treating business like a contact sport unlocks unlimited capital: Byron once borrowed $310 million on a Friday to acquire the Weather Channel. He paid it back in five months. When the lender hit him with a $28 million prepayment penalty for closing too quickly, he paid that too. His philosophy on why capital is never the real obstacle: "Business is a contact sport. You're nothing more than economic athletes. They will see your passion. They will see your stats. And they will always want you on their team because you make them money." The framing shift here is everything. Byron sees founders as athletes whose performance is being evaluated by people who need them to win. "You have unlimited amounts of capital available to you if your hustle is at the highest level." @RealByronAllen drives the point home: "Keep your hustle at the highest level because capital is always looking for you to get the money back and a return. There's trillions and trillions and trillions of dollars of capital looking for you. Go get it." The takeaway: Capital is hunting for operators who can put up the stats. Hustle at the highest level, and the money will find you.

One of our investors has been deep in AI tech since 2010. I’m talking billion dollar valuation deep. All private. Did work for the government. I know takes on AI can get hyperbolic and this is anecdotal, but figured I’d share what he has said: • Thinks double digit unemployment is coming…not a matter of if, but when. His guess is 18 months. • Told us to pay whatever was needed to get an AI expert on our staff now to help build out systems…every department will be affected. • Said do not wait, and do not ignore it. Every major company is putting together AI initiatives with the intent of reducing staff. It’s already happening, and there is no stopping it. • Said if you don’t integrate AI into all systems, you’ll be crushed by companies that do. Need to get expenses down, and quickly. You won’t compete with traditional systems. Ominous. Could it be too doom and gloom? Maybe. But this is from someone on the frontlines. Doesn’t work for Anthropic or OpenAI, no motive to pump the narrative. Has his own thing in a niche, not an LLM. It’ll be the second billion dollar firm he’s built. He personally eliminated 87% of his staff…and they’re much faster now. He’s seen it up front. The efficiency is undeniable. No guarantees obviously. All prognostication. But fascinating nonetheless.

Free my guy!

FREE THIS MAN

I just referred to an 80+ unit deal with a $2.9M capital raise as a "small one". Prayed for times like these. Got to keep perspective.

@StumpGuyTy Don’t those go about 40mph? Super sick 🤙🏼

New company vehicles for me and wifey👀

@melefante6 Tax

My wife quit her job and made us $1 million. Not in revenue. In tax savings. The IRS has a designation that lets a stay-at-home spouse use real estate depreciation to wipe out your entire W-2 tax bill.  If you own a short-term rental, you don't even need that status… And you both can still work your W2 jobs... You just need to work 100+ hours a year on your properties and more than anyone else. That's less than 2 hours a week. We used this strategy to save over $1 million in taxes last year.  The tax code rewards asset owners.  Most people just never learn the rules. Comment TAX and I'll send you a full breakdown of how it works.

I hit my lifetime limit on alcohol right after I turned 21. I wouldn’t have my family or business today if I hadn’t quit. 23 years without drinking for me today. I had the benefit of watching a family member I admire get sober a few years before me. I knew the path existed. Now there are eight of us in the family sticking to iced tea at Thanksgiving. One person’s decision can change a family for generations. The first stretch is the hardest. Being around drinking is uncomfortable at the start. The fear that you’ll be boring or different is real. It passes. I’m glad to share my experience with anyone who thinks they may need to quit. The most important thing I’ve done with my account here is help a few people quit once they were ready. My DMs are open.

@TheJSantiago I wonder what major issues come with remodeling an A-frame opposed to a traditionally shaped home? 🧐

Forgive me for not knowing But do people in NM, AZ, places like that really buy houses like this? Is there really demand for this? Realtor said ARV is 400-450k with some layout changes Just had to wrap my mind around it

Repeat after me: I will not allow my father's errors to define me.

@RickD_GK The fact this guy is probably going to get right back in front of a camera again shows how cooked the generation truly is. Embarrassment used to be what fixed these types of gaps, but now I guess things have changed.

This guy clearly played too many video games in his youth, and didn't pay attention in school at all. How do you not even have enough common sense to consider how this works? Good lord.

@MarkAllenMulti 😂

Value-add

@gregkellyusa 😂😂😂

Coach Vrabel looks like he’s about to Plead Guilty to SECURITIES FRAUD. He was “making out” in a Bar SIX years ago. Meanwhile AARON HERNANDEZ was committing Triple HOMICIDE between games but still had a Positive Attitude. LIGHTEN UP COACH!