Bankruptcy Investor

"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." — Paul Samuelson

[Bankruptcy Investor @InvestDistr]

I’m back! Are you seeing these oil prices???

[Bankruptcy Investor @InvestDistr]

@JohnJBlatchford Always always always pull your investor equity out.

[Bankruptcy Investor @InvestDistr]

5 more peaceful days at the gym till the “resolution for two weeks” people show up.

[Bankruptcy Investor @InvestDistr]

@business I work in PE. Invariably. At some point. Someone always says at the end of the year. “man, I should have just bought the index”.

[Bankruptcy Investor @InvestDistr]

@Garrison1Boston @MilwaukeeBonds Incorrect - Every hedge fund on this list has an extremely strong hedge fund in place to protect their downside. It’s why they are all still in business.

[Bankruptcy Investor @InvestDistr]

@MilwaukeeBonds To be fair. Hedge Funds “hedge”. They are supposed to be up less in good times, and up more in bad times.

[Bankruptcy Investor @InvestDistr]

@falseanon @rohindhar You can always pay down part of the loan (unless you have a lockout period). I don’t think the goal is to have MORE equity in a deal when things go south, but as little as possible.

[Bankruptcy Investor @InvestDistr]

@KassonM Your average Value Add Multifamily Cap rate today is 5, people are borrowing 80% IO @ 3%. Math is as follows.

Income 100K
PP: 2mm
Loan: 80% 1.6mm
Mortgage cost: 54K

Cash Required For Deal: 500K
Cash remaining post mortgage: 46K
46/500 = 9.2% cash on cash return.

[Bankruptcy Investor @InvestDistr]

2mm in a good RE deal with the right sponsor should generate at a minimum 160K tax free dollars a year plus upside. (Assume an 8% pref then a 70/30 split)

2mm in SPY (S&P 500) index would generate 26K per year in taxable income.

Liquidity is costing you 134K per year.

[Bankruptcy Investor @InvestDistr]

@KassonM Depreciation

[Bankruptcy Investor @InvestDistr]

@psychanon @BAYC2745 You can tell how valuable NFTs are from how many of the are given away for free.

[Bankruptcy Investor @InvestDistr]

@latimes I don’t know the compulsion to announce this to the media. Is he looking for a 500K a year security bill to protect his truffles.

[Bankruptcy Investor @InvestDistr]

Last 7 days I can work out at the gym before the “I’m getting in shape this year” crowd gets here and hangs around for three weeks.

[Bankruptcy Investor @InvestDistr]

@sarahkunst @EnchantEnergy

[Bankruptcy Investor @InvestDistr]

@Dividend_Dollar Stock markets goes UP your stocks don’t do much!
Stock market goes DOWN your stocks go down!

[Bankruptcy Investor @InvestDistr]

@EW What a great plot line for the next season of Curb! @CurbUrEntusiasm

[Bankruptcy Investor @InvestDistr]

@MrGirren @Keith_Wasserman Why not just get a JV partner? There are a ton out there backing people a lot smaller then yourself

[Bankruptcy Investor @InvestDistr]

@MoneyJrod Enjoy the moments that are here now. Skip the night shift. Don’t give up these precious moments for a future that isn’t certain.