The new luxury is being unreachable.
The ultimate flex is the founder who doesn't have Slack on their phone. The CEO whose email autoreplies saying they check it twice a week. The creative who disappears for three months to build without telling anyone what they're working on.…
$UNH POKER STORY🃏about EVERYONE BEING RIGHT...
You are holding a pair of AA and the flop is A QQ, this your $UNH hand at $250.
Opponent 1... Mr. TA holds Q 2 and goes all in.
Opponent 2 (DOJ)... Has J10 and calls
Opponent 3 (Put Buyers/shorts)... Has KK and calls as well.…
Just posted something on this yesterday where I am basically the acquisitions guy
@credealjunkie How do I convince you the deal is trash, keep moving and we’ll find a good one soon?
Just posted something on this yesterday where I am basically the acquisitions guy
@credealjunkie How do I convince you the deal is trash, keep moving and we’ll find a good one soon?
It is negative leverage when cap rate < cost of debt. Your cash on cash return is reduced by the higher cost of leverage, rather than being magnified or positively improved.
Do not borrow at 6% to buy at 4.5%
It is negative leverage when cap rate < cost of debt. Your cash on cash return is reduced by the higher cost of leverage, rather than being magnified or positively improved.
Do not borrow at 6% to buy at 4.5%
Create something. Share information people can benefit from. Be helpful. Become really good at something. Add value to people. That's how you win. People don't hand out things because they like you. Wealth and success are earned only by making other people better off.
Construction Loan Third Party Guarantor Structure (in closing now):
.75 pts in
.75 pts out
4.5% profit split
47M multifamily construction loan in NC
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