Was talking to the rep from a family office last week.
Fascinating international group, tons of dry powder.
Told them we had 32 full cycle apartment deal exits.
——
them: that's a lot of property, how many lost all capital?
me: none
them: how many lost some capital?
me: none
them: how many got capital called?
me: none
them: how many hit pro forma at exit?
me: all of them...though one was like an 11% IRR, so that was on the low end of pro forma
them: 11% IRR is your worst full cycle deal? you realize that’s extremely rare, right?
me: really? we just started with small stuff and just grew slow.
them: doesn’t matter. can you show proof?
me: of course, here’s our track record
them: how did you do that much volume without a bad deal?
me: nothing fancy...we just don't budge on our criteria, we don't use variable short term debt, we know our submarkets, and we have no problem sitting around waiting
them: we need to get on a call with our board asap
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Couple takeaways:
• Track record and reputation are everything- you don't need to sell when the scoreboard tells the story.
• Documentation beats conversation.
• Don't get cute.
• Stick to your criteria.
This stuff will open doors your pitch deck won’t be able crack.
Dripping Springs is more than a suburb. It offers Hill Country views, darker skies, a community feel, and access to Austin without the same daily intensity. → Read the full article here: https://t.co/fSAXw96TMf
New: Joe Rogan was left completely stunned after devout Christian Joe Eszterhas exposed who Jesus Christ really was:
ROGAN: “If you live your life by the teachings of Jesus Christ you will be a better person.”
ESZTERHAS: “We’ve created this narrative that Jesus was just this nice, non violent guy. That wasn’t the case. He’s the man who said I come not to bring peace, but a sword.”
ROGAN: “That’s the problem with human beings adding their own interpretations to an ancient story.”
ESZTERHAS: “Church gospels get all their information from secondhand accounts. They don’t know who actually saw Jesus firsthand so they just took the names like Luke, John, and Matthew.”
ROGAN: “No way, I had no idea.”
ESZTERHAS: “Absolutely 100%. The churches even admit it at this point.”
16 years in the real estate business!!! 10
Plus years of dreaming of buying an apartment here in Opportunity City Austin Texas!!!’ WE Finally got one!!! 296 units! If you want to connect and invest reach out. Or if you want to learn and connect in general! Door is open!!! TR3
we are live!!! We call brokers we analyze deals we work together. Eveyone is welcome an the opportunities at endless. Be fruitful - Reckless value add wins!! Come see what in the heck this crazy man Matthew is talking about and doing. https://t.co/XhFb7N8X9i
Genesis 6 describes the Nephilim as demonic hybrids who occupy positions of authority in human society. They’re entirely real, says Father Stephen De Young.
0:00 What Are the Nephilim?
3:40 The Advanced Civilization Before the Flood
12:14 Was Human Lifespan Longer Before the Flood Than It Is Now?
15:55 Was Technology Given to Us by Demons?
22:53 How Does Someone Become Demonized?
26:37 Gilgamesh and the Book of the Giants
36:38 Is Japan Still Producing Nephilim?
42:19 Why Did God Create Humanity?
46:09 Are the Nephilim Still Among Us?
53:36 The Ongoing Ritual of Human Sacrifice
59:11 Is There Fossil Evidence of Giants?
1:00:20 Who Is Goliath?
1:09:48 Epstein, AI, and the Destruction of the Earth
1:11:31 When Will Christ Return?
1:19:33 Why Every Civilization Is Centered Around Religion
1:21:40 The Gods of War and Money
1:23:08 How Should Christians Respond to War?
1:30:02 The Failures of Evangelical Christian Leadership
1:31:24 What Does It Mean to Truly Experience God's Work?
1:35:42 The Evils of Pornography
1:43:13 The One Unforgivable Sin
$10M invested gets investors ~ $12M in losses (same year) & ~$500,000 in cash flow with expectation to 2X original capital. Text 305-407-0276
Asset below in Naples,282 units purchased 28M below replacement cost. This is not an offer - see discloser at CardoneCapital.
Tips to build discipline:
1) Do the hardest thing first.
2) Do the next hardest thing.
3) When you hit targets increase them.
4) Don’t celebrate with breaks repeat action(s) that worked.
5) Stay cash broke - invest is assets that create passive income.
⚠️Repeat these 5 steps until passive income equals earned. Youll be wealthy by the time this happens - thank me then. GC