Philip Klinck

@FCNightingale @REExchangor

Bankrupt developer's 14,000 lots, development sites going to auction. BRD Land & Investment retained Iron Horse Auction to market and sell 30 residential development projects across North Carolina, South Carolina, Georgia and Texas, as well as eight commercial development projects in North Carolina. "Chief Restructuring Officer William A. Barbee cited 'the drastic decline' in first-time home purchases as a reason BRD saw numerous project cancellations and lost up to $390M in projected pipeline revenue in 2025." @m3_melody -Bisnow #RealEstate

@Sandmanterry55 @RandPaul @subyroy You'd see 200-500 trillion on their balance sheet if it was the FED. It's really just government created treasuries. Commercial banks buy them because it's a free trade for them. It's all really just the government spending.

@RandPaul @subyroy I’m going with the Federal Reserve as the main reason, prove me wrong, endless indebtedness to them for money they printed

Our national debt is the greatest threat to our national security. The Iran war costs $1-2 billion a day. Farmers need billions to offset tariff losses. Storm damage needs billions more. None of it is paid for. All of it is borrowed. And Washington just keeps spending.

Double your money in 5 years in 1st position. #retwit

An individual property can do that in a down market. But most of the property doesn't transact at any given time. So it's kind of like that phrase when your neighbor loses their job it's a recession, when you lose your job it's a depression. It just depends on who it's happening to.

Last time the housing market peaked and bottomed over six years. That means even if housing peaked this year, it would be 2032 before the market bottomed Real Estate doesn’t drop 30% overnight it never has and it never will Why do so many people think a 30% drop in one year is just around the corner ?

Manufactured home dealer in South Carolina. I am setup with Cavco Hamlet and Moultrie. Can get you a direct from factory quote including delivery. Manufactured Home Builder - Cavco Hamlet NC share.google/SRtY4DyTIhIVNI… Manufactured Home Builder - Cavco Moultrie GA share.google/tuBAlI9NX5uZti… Also we can setup the homes if they are in the upstate of SC. #retwit #doublewide #manufacturedhome

4 new homes on land. Not setup yet but 30 days out or so. 4/2 2040sf Belton SC Gonna list them for $269k. Who wants to lend against properties like this? #retwit #realestate #lending #privatemoney #mortgage

@NathanDWebb @REExchangor Nathan's wife was the rockstar of the meeting. She could have been an interrogator in a different life. In a good way.

@REExchangor @CreateNotesOnRE Great meeting. A storyful destination...

@CreateNotesOnRE is not smiling because he is in first class, it’s because he just made 15 offers and any one of them will create a big opportunity!

@REExchangor @CaseyMericle That's just making me want to talk about deals more.

@CaseyMericle @CreateNotesOnRE Or maybe the “free” alcohol is why he is smiling

@LukeGromen Or print their own currency. Most governments do that. That's why the dollar didn't go down during COVID. We created lots of new treasuries which creates new currency through bank lending. But they just outright print their money.

If their GDP drops 14%, do you think Qatar and Kuwait will: a) Slash government outlays (thereby risking domestic unrest), or; b) Sell USTs & US equities “until their hands bleed” to raise USDs to buy needed goods to try to maintain domestic order? Bet on “b”.

Development in CO, $6,000,000 take down by builder. Payout over 3 years. Needs $1.5m in development for gravel roads. Will trade this for a $4m property today. You take the upside. #retwit

$510,000 note ballooning in 6 months. Cash coming soon! Will trade this for a deal with upside. #realestate #retwit #cre

$600,000 house. Will trade for a note or notes. What do you have? #retwit Borrow money by taking my house and creating a note against your property.

@VenturesAscend Pm

@CreateNotesOnRE What is the best way to contact you to provide all the relevant details?

Can loan up to $4m on real estate. Who needs funds. #retwit #realestate

@SantiagoAuFund @TonyNashNerd What are the objectives?

@TonyNashNerd Anything short of Trump moving to Tehran and living in the former Ayatollah's residence will be proclaimed by the American fatalists to be a complete failure of Epic Fury's objectives...

OMG, I'm so bored of Iran season. We need to get College Football season started early.

@VenturesAscend Yes

@CreateNotesOnRE Are MHPs an option?

@Aranson_gideon @joelfarrellreal I'll take a look. Pm me

@CreateNotesOnRE @joelfarrellreal I run an acquisition team nationwide also , texting you , got some Florida and West Virginia leads now

$400,000 cash coming in the next 6 months. Will trade that today plus $800,000 cash. Can repeat that 4 more times. Seeking real estate with upside or debt. Will buy debt or lend. #retwit

@jchek779 Can they move forward with you?

@CreateNotesOnRE All are wrapped around a PML 1st that would be paid off as part of the note sale. Arbitrage is the 8th wonder of the world

Is it better to hold a note at 10% interest? Or cash at whatever the bank will give you rate but have instant optionality?

@jchek779 Free and clear?

@CreateNotesOnRE Most are rehabbed doublewides on land in Upstate SC. LTV is case by case but 60-85% across my holdings Detitled Permanent Foundation Dodd Frank underwritten borrowers All 3rd party serviced with pay history

@DealNotesX Can't pm

@CreateNotesOnRE Let’s talk

@ThinkAppraiser @HomeLoanBill Real estate is hyper local. We buy in up or down markets. Doesn't matter. The deal itself and the seller is far more important than the dollar denominator changing over time.

@HomeLoanBill Fear and doom sell, he makes like $100k/month spreading fear and doom. Then uses that to buy real estate. You can’t make it up.

Bro literally took the money he makes from telling the world the housing market is doomed and buys a house with it. 😂😂😂