Cash Flow 2.0

Rural Real Estate Investor | Buy & Hold | Fix & Flip | 100+ Deals | 400+ Units | Here to Learn & Get Better

[Cash Flow 2.0 @REI2point0]

BRRRR is the only strategy I use.

Since 2017 I have bought:
- 44 SFRs
- 17 Duplexes
- 3 Triplexes
- 6 Fourplexes
- 10 Apartment complexes

Every one was purchased with cash/OPM and then refinanced.

Rinse. Wash. Repeat.

[Cash Flow 2.0 @REI2point0]

@realEstateTrent @RyanBroyles. Love following his RE career

[Cash Flow 2.0 @REI2point0]

@realEstateTrent @RyanBroyles ;)

[Cash Flow 2.0 @REI2point0]

@jgarrett1983 Update mine bi-monthly. Took me way too long to implement this

[Cash Flow 2.0 @REI2point0]

@joecassandra Yes he was already in RE

[Cash Flow 2.0 @REI2point0]

Started a biz with my childhood friend in February. Together we have already acquired 60+ units.

I’m having so much fun that I’m pulling back from my other businesses to focus more on this biz.

I’ve decided that my new rule is : If it’s not fun, I’m not doing it

[Cash Flow 2.0 @REI2point0]

@col_the_midlife Not empty, but we’ve definitely experienced a tightening of the market

[Cash Flow 2.0 @REI2point0]

Pipeline has hit a lowww

[Cash Flow 2.0 @REI2point0]

@realEstateTrent I look at them as future drive through dispensaries

[Cash Flow 2.0 @REI2point0]

@AlexMultiFamily @RohunJauhar @theFORTpodcast Don’t think he was an engineer, but your comment still made me think of his story.

[Cash Flow 2.0 @REI2point0]

@AlexMultiFamily I listened to @RohunJauhar recently on @theFORTpodcast talk about leveraging his tech background to create a large RE company with $500M under management with just 3 GPs because of their ability to automate and delegate. Was a fascinating listen!

[Cash Flow 2.0 @REI2point0]

@RealLifeRentals I love it and it makes perfect sense. I wish I had the inventory right now to try it on one but the flip cupboard is pretty bare for me at the moment

[Cash Flow 2.0 @REI2point0]

@RealLifeRentals Interesting, haven’t thought of this

[Cash Flow 2.0 @REI2point0]

@fortworthchris @realEstateTrent @Camp4 @Keith_Wasserman

[Cash Flow 2.0 @REI2point0]

Three more renovated units have rented for $825 since this tweet less than two weeks ago. Steamrolling towards this refi!

[Cash Flow 2.0 @REI2point0]

Working towards a refinance of a MF where the units were at $475-$525 at acquisition. The first two renovated units have leased for $825.

Increase NOI, increase value.

[Cash Flow 2.0 @REI2point0]

@Cribdilla @pslohmann Made an offer on a beautiful mid century modern house last month with windows exactly like this! Had never seen them before.

[Cash Flow 2.0 @REI2point0]

@floydfajardo22 Not a blanket answer unfortunately and depends on a lot of factors. I flip under an S-Corp and flipping is only one of several revenue sources for the company

[Cash Flow 2.0 @REI2point0]

Sold a flip today

Flip #42 since since my first one, in September of 2018

Total profit on this one: $28k (JV deal split 50/50 with partner)

#43 is closing later this month

Systems continue to improve, I learn on every deal

[Cash Flow 2.0 @REI2point0]

@floydfajardo22 Do you mean taxes as a carrying cost or taxes on the gains?

[Cash Flow 2.0 @REI2point0]

@moseskagan Daily motivation and inspiration from people killing it in different areas and asset classes has made me laser focused on killing it in MY area and asset classes

[Cash Flow 2.0 @REI2point0]

@LandlordRev First glance I thought it was batteries, and thought wow that really is generous

[Cash Flow 2.0 @REI2point0]

Listed a JV flip today for $279k

Acquisition price: $100k

Total rehab: $66k and 80 days

Funded the deal but I have never stepped foot in the property.

Finding partners you trust is invaluable!