Sterling Griffin

God. Husband. Father. Serial Entrepreneur.

[Sterling Griffin @sterlinggriffin]

@HealthcareREguy Have a development deal exactly like the one you mentioned right now. 9 cap under contract, 10,000 sq ft and it’s an existing emergency room so finishing development will be quick, roughly 6 months. In a year or so after that I think it’ll easily sell for a 7.25 cap

[Sterling Griffin @sterlinggriffin]

@peterboulden This is why I buy development/value add and sell stabilized. Stabilized offers very little upside especially with rates as high as they are. A 7% interest rate as you’ve noted with this example would even be very rare.

[Sterling Griffin @sterlinggriffin]

@peterboulden For sure docs need to hold equity in medical side for legal reasons, not sure if it holds the same with DSO’s but in the end it’s worth it with how much upside is generated with a roll up.

[Sterling Griffin @sterlinggriffin]

@realCoreyEngel @joelha @WaymireCPA Yeah I’m looking for more passive income options for both me and my investors so would love some examples

[Sterling Griffin @sterlinggriffin]

@shawngorham You are better, stronger, inspirational today because I see you took major responsibility ti make it better.

Credit to you brother.

This is what X needs to see more of. Courageous, strong men.

Glad you’re here.

[Sterling Griffin @sterlinggriffin]

@operationdanish Let’s not overblow it.

Plenty of workers have already demanded higher wages and gotten it.

And by the numbers? Inflation is slowing, not “just beginning.”

Respect to these people for doing what they feel is best for their families.

[Sterling Griffin @sterlinggriffin]

@girdley The best wealth to pass on to children is informational wealth (how to think) and motivational (find your why) wealth

[Sterling Griffin @sterlinggriffin]

@ConnorAbene People with money all understand this of course. :-) unless they inherited it

[Sterling Griffin @sterlinggriffin]

@unusual_whales And they say money can’t buy happiness…

And they’re right…unless of course this guy changes courses and starts buying passive income sources.

Because if he runs out? He’ll be terribly terribly unhappy.

[Sterling Griffin @sterlinggriffin]

@CoyDavidsonCRE @creisummit @BobKnakal @Gmarans @AvivaRealEstate You’re a celebrity now bro. And not just a Twitter one

[Sterling Griffin @sterlinggriffin]

@adamislucky Good for you flexing your critical thinking muscle bro. Most importantly I think you got it fixed FASTER than if you hired someone else to come out and do it for you.

And I bet your wife loved it too :-)

[Sterling Griffin @sterlinggriffin]

Credit to @KobeissiLetter for the original post idea.

[Sterling Griffin @sterlinggriffin]

Current situation:

1. Stocks are falling like a recession is coming

2. Oil prices are rising like we’re booming.

3. Interest rates are rising like we have 10% inflation

4. Gold is falling like inflation is gone

5. Commercial real estate is falling like its 2008 again

6. The US is spending more on the Ukraine war than Ukraine.

Nothing adds up here.

P.S. the next inflation report…when it comes out, is going to show core inflation under 4%.

The tide will turn soon.

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[Sterling Griffin @sterlinggriffin]

@Greenbaumly This looks great. Can you have it edit in existing logos and images you already have?

[Sterling Griffin @sterlinggriffin]

@HelenGuo_ Paid friends are very reliable I’ve found!!!

[Sterling Griffin @sterlinggriffin]

@DividendGrowth This made me smile. Thanks for putting it together

[Sterling Griffin @sterlinggriffin]

@AlexHormozi @SimonLafrenier1 Glad to know you still remember what it felt like brother. Said with all love and respect

[Sterling Griffin @sterlinggriffin]

Of course it makes sense, when you consider how the US has to maintain obligations on deal it signed years and years ago, pre-COVID and then during.

And btw, what’s with the 7% number? Must show that GDP is going to grow quickly over the next 10 years. And it has the potential to grow faster with new innovations coming down the pike.

This is how we’ll beat the rising debt and start paying it down (although it’s far from likely)

[Sterling Griffin @sterlinggriffin]

@GLaus71 Actually just saw financials and they did $879k last year top line and $355k profit.

Each of the Two years before they did over $700k too.

And my mom as the owner is basically never there. Got great teams in place. Solid business.

[Sterling Griffin @sterlinggriffin]

My Mom owns a small hotel in rural Louisiana.

A little fishing outpost named Grand Isle.

She’s built this little hotel with her bare hands over the last 17 years.

Recently, she decided to sell it.

She got an offer for $1.2 mil.

She was ready to take it, until I looked at the deal and realized the real estate and the business together we’re bundled in the deal.

Thank goodness I understand sale leasebacks, because this buyer was about to take her for a ride.

Now, she’s selling the real estate by itself, for $1.3 mil with a 10 year lease attached.

And the business for $1.2 mil.

Just by breaking up the real estate from the business sale, she’ll make double.

Remember, to make more, split up your assets into their component parts, because they will be valued more by different people.

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