CashFlow Corey @CoreyPas
Building multi-million dollar supplement co (CoreBody Nutrition ) | 7 figure RE investor | Started from Zero | Believer | Father | Mentor linktr.ee/coreypas Oconomowoc, WI Joined March 2011-
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There's No reason for a man or woman not to work out. Did you get your Monday workout in?
Number breakdown on our house that paid us $378 bucks. Purchase price $82,500 Repairs approx $1000 (just shy of that) Rented the property out for 1400/mo. Refinanced property immediately. Appraised value $150,000 P&I mortgage payment = $658 Approx $250/mo for other expenses…
A Salary is the last thing you should think about when starting a biz. In the beginning you need to focus on growing your business. Taking profits and putting back into building a sustainable biz. Once you have consistent revenue, then you can slowly start paying yourself.…
I got paid $378.06 to buy this rental property. Better than free. Here’s how I did it. Found an off market property. Bought it at a discount paying cash and no contingencies. Used a private lender to fund the deal. Immediately rented the property out and brought to my lender…
Here’s how I came out ahead of others that went to college after high school. Instead of college, I went to a trade school. While others were going in debt I was making money as an electrical apprentice. As a first year apprentice I bought my first rental property. Others were…
How I bought my first rental property 20 years ago without using any of my own money. Owner occupied a duplex. (House hack) Got a 5k grant and 5k private loan from a friend. Even got cash back. Rented out the lower unit and lived in the upper. It has cash flowed every year…
If you had 100k to invest I wouldn’t put it in Stocks, I’d put it in Real Estate. Here’s why Real estate is better. If you invest 100k in stocks ALL you get is 100k worth of stocks. This can go down in value. If you invest 100k in real estate you can get an asset worth…
Until you win nobody will root for you. Once you win that’s when people will start rooting for you. Moral of the story Don’t get discouraged when starting your journey and others aren’t supporting you. Put in the work and prove them wrong. You’re in control of your success,…
Building wealth in Real Estate is simple. Don’t get sidetracked by all the latest investing strategies. Stick to the basics. Do them consistently. It’s a sure way to build wealth and succeed.
Got the results back from my drain guy. He didn’t even scope the whole line yet. We Already know the beginning of the sewer lateral is cracked. Also seems that the basement floor is hollow in a few areas. Could be some other issues. Seller is going to have the rest of the…
Was suppose to close on a property today. Did a final walk through and had about 3 inches of water around the sewer drain. Needless to say we didn’t close today. Having my drain guy check it out tomorrow. This is why you always want to do a final walk through before closing.
Bought this one today and got a check at closing for over 5k. Didn’t plan on buying another rental this year so quick. But it’s hard to pass up a free house. That puts us at 3 this year and 59 units total. Should I do a deal break down?
How do less talented and those not as well off pass up those that have more than them? It first starts with Mindset. Followed by consistent Action. Action beats talent 100% of the time. Am I missing anything?
448% cash on cash return 😱 (Yes you read that right) Let’s break it Down Purchase price 57,500 Bought with private money. (Zero out of pocket to acquire) Immediately started refinance. Appraised value $107k Loan amount. $59,288 (lending fees wrapped into it) PI- $445.39…
Closed on this rental today. 🏡 Purchase price $82,500 Will rent for $1400/mo+ Tenants cover all utilities Good area Zero out of pocket. Would you buy this as a rental?
If you cut out alcohol and invested that money instead, many of you would be financially free. The same applies to fast food, smoking, vaping and other things that provide no value. Can you make this small change?
Saturday sweat session! Did you know? 4-7 sauna sessions per week is associated with a 40% lower risk of death & a 50% lower risk of death from heart disease. What else do you do to stay healthy?
What do you think will happen with Realtors and the commission settlement with NAR? Will more look to investing or drop out altogether?
Eliminate the complexity from your business. You don’t need all the fancy bells and whistles. Get your systems in order Simplify your processes Stick to the basics Take action and stay consistent. That produces results. Am I wrong?
Real estate investors are sleeping on the Milwaukee market. Great deals under $160k Often times I get them under 100k off market. All decent areas. Rents for $1100-1600 a month. What would these cost in your market?
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When I was 18, it took me a year to pay off a $500 credit card. Was it my fault? Maybe. Our system for teaching financial literacy is broken. You’ll never amass any wealth without solid financial education. I remember my first week at college. U.S m. Bank was in the…
So you dont think you need to own a property in an LLC? Once had a squatter sue me in small claims for an illegal eviction. Long story short, the judge dismissed the case without prejudice, but what if it got serious? Even if you buy it in your personal name, always deed it…
@CoreyPas Yeah! This perspective definitely helps. I am not at all that same naive person as I was when I first started investing.
@CoreyPas @meetmikehiggins @mhp_guy Nope. Kwik Trip had to rename their Iowa locations Kwik Star a couple decades ago due to QuikTrip having trademark precedence here.
My newsletter breaks down the top business opportunities to hit the market.
More proof HVAC profit margins are crazy.
Holy ***t. I just got a quote to replace our HVAC unit, ductwork and everything, on a 2,000 sq/ft house, for $45,000. No joke. The guys that quoted know I have a building co (subs mainly do new construction), are a reputable company but quoting normal equipment (nothing super…
@CoreyPas Do it, INSANE MARGINS
Hiring a global workforce sucks. There, I said it. Someone had to... I have hired 10 VA's, the first 9 failed. I failed. This time it was different. High quality candidates, and an easy to follow system. Here's why: You know how the old saying goes, 'the tenth time's…
I am burning down my business that will do $400k in profit its first year. There is a lot of Offshore Recruiters on Twitter. Always the same pitch— “Change your business with global talent. My fee is only 35% of year one salary.” It’s Time for Something New Announcing:…
I’ve launched 2 businesses in the last 6 months that will produce 7 figures in value this year. All off of Twitter. With less than 10k followers. Here’s the 5 step playbook everyone who monetizes uses:
For $4/hour, an assistant from the Philippines can scale your TikTok to 500,000+ Followers in 4 Months. Here's the exact framework I use in 3 steps: (works on ALL social media platforms)
I have bought and sold over 1,500 properties since 2009. I see "Gurus" With 50 deals under their belts selling courses. We are not the same.
In the middle of my biggest rehab I’ve ever done. I closed on the first of this month. Roof is done Electric is done Painting is halfway done Drywall and trim is going up Granite countertops are going in the 30th and the floors first week of April Trying to list end of May
@FinFreedom414 @SeanODowd15 Crazy. I was just telling @CoreyPas that I want to find a Milwaukee Affiliate
You realize most of his net worth is in investments, right? Investment income has much better tax advantages than earned income. Learn the tax code so you can take advantage of it as well. You also don’t get on your net-worth…
You know what takes guts? Signing up for a $50k per month personally guaranteed loan payment. I lost a lot of sleep leading up to the decision to sign on that dotted line. Am I being irresponsible? I have a wife and 3 small kids—what if I fail and they take our house? Take…