bobo

young dumb soon to be wealthy

[StripMallGuy @realEstateTrent]

Many think they can just buy a strip center with below-market rents and make a quick profit when leases expire.

Many should think again.

Here's why that's a very expensive rooking mistake that wipes people out:

[unusual_whales @unusual_whales]

The U.S. Federal Reserve will cut the federal funds rate in June, according to a slim majority of economists polled by Reuters.

Do you agree?

[StripMallGuy @realEstateTrent]

The most successful people I know aren’t money hungry.

They’re achievement hungry.

[bobo @michaelbobowik_]

@StephZUS I think you need Jesus brotha 😂🤣😂

[stephen @StephZUS]

2023 was life changing, excited for what 2024 brings.

[Tristan Tate @TateTheTalisman]

Polish people are great people.

That’s the tweet. 🇵🇱

[StripMallGuy @realEstateTrent]

Cook County, Illinois.

Property taxes.

Wow.

[bobo @michaelbobowik_]

Comparison is the thief of joy.

[Antonia @antonia_mdprjct]

Cheat sheet on development timelines (assuming a ~$60M multifamily residential project):

How long to select a contractor?
8-12 weeks

How long to negotiate a construction agreement?
12-16 weeks

[bobo @michaelbobowik_]

One day or Day one ? Choice is yours.

[The Real Estate God @TheRealEstateG6]

New 12-unit building was just built in my market. Only getting $1,800 in rent

$1,800 * 12 months * 12 units * 95% occupancy * 65% NOI margin = $160k stabilized NOI

$160k / 7% market cap rate = $2.3MM

Cost developer $250k/unit ($3MM) to build

Guy lost $700k the day he built it

[Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA]

If you save a penny every day for one year you will have $3.65 at the end of the year

Follow me for more financial tips

[Patrick Hsu @pdhsu]

imagine a ChatGPT browser extension that reads the Terms and Conditions agreement and flags anything that is non-standard

[Cory Muscara @corymuscara]

1. Finding your true self is an act of love. Expressing it is an act of rebellion.

2. A sign of growth is having more tolerance for discomfort. But it’s also having less tolerance for bullshit.

3. Who you are is not your fault, but it is your responsibility.

[bobo @michaelbobowik_]

The day you grow up is the day you fine success. Instead everyone just knows how to consume, nobody is ready to be interested in building until it’s time for payroll then everyone wants to be apart of something. - unknown

[bobo @michaelbobowik_]

There are no limits on what you can be, have, or do.

[FUTURE/FREEBANDZ @1future]

Thought u were a real one.

[Grant Cardone @GrantCardone]

The average U.S. asking rent for multifamily housing hits $1,659.

Does that seem expensive to you?

[bobo @michaelbobowik_]

Elon got Twitter, now the SEC and IRS is next. Make money free ! 😅

[bobo @michaelbobowik_]

Working Towards Greatness❕