@Excel8686@ronmortgageguy Ron thinks he is the only broker who pushes volume. Becuase I keep my identity hidden means I'm a nobody? Than I get blocked? What a joker. I own my own brokerage 20+ agents and close a sizable amount of business for REI.
@Excel8686@ronmortgageguy I personally helped them all do it. I do all of their financing. I can promise you the number is much higher. We are talking hundreds of millions of dollars in funded flip projects.
@ronmortgageguy Josh quickly opens up his banking app..... $2m in cash in his account. His shock quickly fades when he realizes that he can afford the best healthcare in the world. With one quick phone call everything is taken care of, fuel the jet.
@ronmortgageguy Haha I didn't say you needed to be smart to be in realestate. The issue is there is more opportunity in a market that is flooded with money at the moment than there is for "professionals" with a degree.
@ronmortgageguy 6% of homes in Ontario need "major repairs". That is almost 875,000 homes. Instead of the gvt making excuses and lies about increasing supply let's fix what we have.
@KZZ1984@sa94429247@JohnPasalis Depends on how you structure it. If you open up a corporation you can claim it as active income as long as the intention is to sell. 12% tax π
@ronmortgageguy Tons of young professionals are looking at REI as a career. Why spend $80-100k on a degree just to make $50,000 to $70,000 for the first 10 years of your career.
@ronmortgageguy I know 50+ investors who made between $200k -$1m in 2022 flipping real estate. With the current huge demand and low supply the batshit crazy market isn't going to change. One of the things that are overlooked is rehabilitation of distressed property. We need to support this more.
Unless your company is:
- curing cancer, or
- paying *huge* salaries
Need to do what you can to make working for you a pleasant experience.
Right now, talented people have unlimited options.
@holyghostnft @lernzovasquez2 Good because I told my GF that I wanted one made for xmas if there wasn't merch out this winter. Need to stay warm and share my spooky with the world.