๐ I help people build wealth without losing their soul
๐ฆ BetterLife Funding
๐ข 13,000+ doors
โค๏ธ Jesus, Family, Beard
๐ค My weekly personal newsletters โ
If you're scrolling and seeing people do amazing things with real estate and wealth and all that...
Ask yourself what game YOU'RE actually playing.
Write down your 3.
Then play THAT one really well.
I don't care who's doing better than me in real estate.
20,000 units. 50,000. A million a year in cash flow.
It doesn't matter.
My scorecard only has 3 things on it.
(None of them are units.)
3. How sexy my wife thinks I am.
(I don't get to grade this one myself lol)
That's the game I'm playing.
And my only competition is me.
So here's my question for you --->
Cash flow is necessary. I'll argue that all day. But it is not where most of the money gets made in this business.
Do you agree with David Greene on this one?
If I were 18 again with no money, no credit, and no clue, here is exactly what I would do.
Skip the highlight reel. This is the boring version, the one where you buy one small thing, learn it cold, and let it drag you forward for a decade.
The shortcut people keep looking for does not exist. Finding that out early is worth more than any deal.
Because they do the stuff that aren't in my "zone of genius."
The insurance renewals. The property tax appeals. The 6am calls from the property manager.
A small slice of a deal that closes beats 100% of a deal I never would have found, funded, or finished.
Ok, enough from me. What about YOU? Reply to this and let me know which of these four "rules" you most agree with... or hate?
4. Never do a deal alone.
Here's how my deals typically split:
Investors get about 70%.
The other 30% goes to the people doing the work. That's me and my partners.
My cut of that 30%? Less than half.
On my apartment deals, less than a quarter.
So I end up with a small slice of a much bigger pie.
Which means over the years I've handed millions to partners....
And I'd do it again. Here's why --->
This is probably so dumb, but lol.
But one of my favorite uses for all of AI... is simply having ai text me every Monday and Thursday night to remind me to take the garbage out, and every morning to text me and remind me to take my vitamin D.
The best landlord I know is not the nicest one. He's the clearest one.
Tenants don't want a pushover and they don't want a tyrant. They want to know what happens next, every time, without having to guess or ask.
Clear boundaries are the reason he almost never has to evict anybody. Being nice is optional. Being predictable isn't.
Mark Cuban said everyone's a genius in a bull market.
I did great between 2013 and 2023. So did a lot of people who had no idea what they were doing, me included on some of it. Then the tide went out and we all found out who was swimming naked.
If you can't find a deal that cash flows right now, good. This is the part that teaches you. The next bull run will pay you for what you learned in this one.