How to make money in real estate - house flipping 101 with Mr insensitive

[Townbizz54]

For a minute or 2 I wondered how NNN was part of his real-estate strategy thinking it was No-Nut-November

Shout out prostate cancer awareness

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[xbr400]

Shout out prostate cancer awareness

My PSA went up on my last medical and because I lost my father at a fairly young age (69) to mastasized prostate cancer, I followed up with an MRI and a biopsy. The biopsy was not that fun and my spunk had blood in it for a month afterwards but glad I did it and everything came back negative. My elevated PSA is due to enlarged prostate.

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[Vortex]

exactly so you buy a valuation methodology? you're stretching...

It’s one valuation methodology….my portfolio would tell you it’s a good strategy…lol

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[benswede1]

It’s one valuation methodology….my portfolio would tell you it’s a good strategy…lol

i'm glad your portfolio's doing well but you clearly don't know what you're talking about. to each their own

cheers

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[Sexaddict]

All of these tips deserves to be in our financial advice thread.

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[Townbizz54]

All of these tips deserves to be in our financial advice thread.

I did not know that was actually started. Feel free to move where necessary

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[Vortex]

i'm glad your portfolio's doing well but you clearly don't know what you're talking about. to each their own

cheers

I could say the same thing about you…lol…later…

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[Townbizz54]

We are under contract for $145,000 but I’m gonna bring that number down since 130 with some inspections. I also changed it to a 15 day close when they wanted more money.

No, normally I would say remain ethical at all times and don’t try to take advantage. However, this Real Estate Agent has kicked mine around for three weeks and the owner has no showed on three separate showings so they’re gonna get ruthless Mr. insensitive not the real version of me who actually wants to see everybody come out ahead and happy

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[Townbizz54]

I could say the same thing about you…lol…later…

Finance guys generally don’t like us because they feel they’re 8% annual returns is better than exponential growth in real estate

Her 8% is great for others. I want my money to work a lot harder than that because I worked very hard to get it

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[Slick991]

Not starting a fight but I’ll put whatever real estate deal you want at whatever time period you want, and compare that to simply putting same amount into S&P500 fund. (I’ll even let you not include property tax, insurance, and maintenance as well to help out the real estate bros)

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[Townbizz54]

Not starting a fight but I’ll put whatever real estate deal you want at whatever time period you want, and compare that to simply putting same amount into S&P500 fund. (I’ll even let you not include property tax, insurance, and maintenance as well to help out the real estate bros)

I do not have time for ignorance today. Real estate always wins if you know what you’re doing. Do some research and come back to the class later.

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[Slick991]

I do not have time for ignorance today. Real estate always wins. Do some research and come back to the class later.

Lmaoooo I love the real estate bro response “you’re just to stupid” ok sir let me go back to managing 500 million in assets but go off king


Btw I own 5 million of commercial and residential property so you can do both and not be pissy about it…. Now we understand why you picked your name

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[Townbizz54]

My portfolio is about eight times the size of yours, bud.
You’re clearly new here. I’m not naïve to my insensitivity.

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[swmlk7]

Real estate wins because it’s easy to use leverage and it has some tax advantages, but it is hard to find an asset class that outperforms the s&p 500. Not an expert but I’m pretty sure cap rates are like 4% right now and the s&p 500 is up 15%

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[Slick991]

My portfolio is about eight times the size of yours, bud.
You’re clearly new here. I’m not naïve to my insensitivity.

What’s your equity to debt ratio…. Never said disliked to asset class, but to claim “it’s the best stupid” is delusional at best

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[Slick991]

My portfolio is about eight times the size of yours, bud.
You’re clearly new here. I’m not naïve to my insensitivity.

The minute you have to “big dick” real estate values proves your sensitive lol id prefer 75% cash and cash equivalents and 25% real estate. But to each their own, I enjoy everyone learning about all ways to invest

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[Ch3vyh0tr0d]

Oh popcorn fight over who’s wallet is bigger and why I love it… here’s a news flash for you both either of wallets and bank accounts equal many many times of some members here exponentially I mean

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[Townbizz54]

What’s your equity to debt ratio…. Never said disliked to asset class, but to claim “it’s the best stupid” is delusional at best

very high. Feel free to do some research. You’ll find all the answers you’re looking for.

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[Slick991]

very high. Feel free to do some research. You’ll find all the answers you’re looking for.

I’ve never met a an individual with hundreds of millions of dollars in real estate bother over 150k flips lmaooo incredible

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[Slick991]

My portfolio is about eight times the size of yours, bud.
You’re clearly new here. I’m not naïve to my insensitivity.

lol i fell into this I promise I wasn’t starting a fight I just enjoy debating asset class performance. Everyone should be able to discuss stocks, bonds, RE, crypto etc. I’m weird like that so please by no means think this was a personal jab

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