TheProcess313

Real Estate/Stocks Investor/Business Owner/Military Veteran: Financially Independent before reaching 40 Y/O. join The Process below ⤵️

[TheProcess313 @passive_plan]

@1RentalataTime I just looked it up. It makes more sense now. I’m still not discounting your ability to filter the noise and be very close with your prediction’s. But now I have better insight on what goes into the process.

[Leo Szac @leo_szac]

You don't need a syndication to scale.

You can build a significant portfolio of 10–40 unit assets using:
— Your own capital + community bank debt
— Seller financing on deals with long-term owners
— Small partnerships (1–2 partners, people you actually know)

The syndication model works. But it adds complexity, compliance, and investor management that most operators don't need at 100–200 units.

Scale at the pace your operations can handle. The capital structure should follow the deal — not the other way around.

[TheProcess313 @passive_plan]

@1RentalataTime I actually use Anderson business advisors. Great interview

[TheProcess313 @passive_plan]

Here in Florida they will make you replace them to insure you. Only happened to me 3 times. But I wanted to ride them till the bitter end. That is why I’m more aggressive in my offers. Here if the roof is over 15 years insurance companies will be calling soon but they will wait till after the closing to tell you. To leave no option.

[TheProcess313 @passive_plan]

@Mishi_2210 2

[TheProcess313 @passive_plan]

@N8RealEstate Georgia terms

[TheProcess313 @passive_plan]

@leo_szac I think you’re generous with the 740k offer. Let it sit on the market longer, the seller will come down. Pro forma is for extra time, effort, energy, and capital on your end why pay the seller for that?

[TheProcess313 @passive_plan]

@1RentalataTime Thanks, but that was all you. If I didn’t hear your story, I probably would have never tried it. Thanks again!!

[TheProcess313 @passive_plan]

@1RentalataTime I might have one for you soon. Small community bank got into a bad deal with a developer of CRE residential. 2022 build, The owner stop paying. Bank hired agents to off load the property to get it off their balance sheet. They wanted 900k, it sat on the market, they were getting desperate; they dropped the price to 785k. I offered 690k, they accepted I signed the contract yesterday. Of course not at the finish line yet. But I will keep you posted when/if it closes. It reminded me of the story of when you bought the 10 unit property and the bank asked you to take on the one next door that they owned. Thanks for sharing your stories to provide motivation and to show these things are possible. FYI the agent laughed at my disrespectful offer, but still sent it in. lol

[TheProcess313 @passive_plan]

@1RentalataTime Mike I started at 28 to get on my financial journey . I had to get rid of my 250k in debt first. SMH, But I still met/ surpasses the 40 yo goal you have. I’m 42 now looking to hit that 60 yo goal this year. Thanks for the inspiration over the years.

[TheProcess313 @passive_plan]

@theficouple I’m old fashion I guess, but I’m of the belief you should pay no more than the gross household income in one year, for a house you live in.

[Tom | The Investing Tiger @SavingsCaptain]

Everyone starts retirement planning with, 'How much do I need per month?'

Flip it:

First decide what you want your retirement to look like - where you live, how you spend your days, how often you travel - then price that life out and let the math chase the vision, not the other way around.

[TheProcess313 @passive_plan]

Too funny

[Ash Crypto @AshCrypto]

Having a wife when the market is down is the worst.

You’ll be down $300k in a day and she’ll still be mad at you for not taking out the trash.

Like bro, we just lost the house.

[Leila Hormozi @LeilaHormozi]

Financial freedom isn't about making more money. It's about stopping the habits that drain you before you even get started.

[TheProcess313 @passive_plan]

I think most degrees are useless, but there are some that is very important. I have two kids 3 total one went to college (paid for)got the degree: results 6 figure income. The second child when it was time for college it was paid for, I recommend don’t go get certifications results 6 figure income. My thrid child still had 6 years before we have to make the decision still a coin flip with this kid, but getting a degree that is not a good Roi is a bad choice. Because there are other options out there that can cost less but get the same or better income results.

[TheProcess313 @passive_plan]

@tomferry I agree with the statement for the most part. I don’t get the “their own truth” part. It’s only one truth. Everything else is lies and opinions. But I appreciate the statement in general.

[Leila Hormozi @LeilaHormozi]

Life improves dramatically when you find a partner who genuinely wants you to succeed.

[Codie Sanchez @Codie_Sanchez]

Hard truth: 90% of financial advice is worthless.

The best financial advice is for you to go become more valuable and earn more money. That's it.

[TheProcess313 @passive_plan]

I would study the person I want game from and try to figure out out a way to add value to them in exchange for them dropping game. If I have a lot of knowledge in networking and getting eye balls to screens. I would approach him with “hey I see the work you doing in this area I can provide solution to attract 10x attention to that area.” People with money understands value, talk their language. That is how I would approach it.