🏠 5 Tweet Sunday 🏠 - Best real estate tweets of the week
🏠 5 Tweet Sunday 🏠 - Best real estate tweets of the week
🏠 5 Tweet Sunday 🏠
I’ve been thinking about moving to NYC. I have this romanticized vision of the city in my mind. A lot of ambitious highly educated people live there. Or so I am told. I’m somewhat of an elitist. This year Thanksgiving was in Salt Lake City. It snowed on the 2nd day I was there. That dashed my NYC dreams. At this point, I’m too soft to move back to the east coast. I wasn’t meant for the cold. This was the first family Thanksgiving in Salt Lake. It’s weird how things change. I was going to try to be all profound and connect this with some other ideas, but I need to go to bed. I’ll leave you with a great life hack instead. Hiring a private “chef” is a game changer. Super cheap and easy. Every Sunday, I have Walmart deliver food to a lady that does meal prep for me. I pay her $70 to cook food for the week. This week it’s chipotle burrito bowls and turkey burgers. If anyone lives in Phoenix area and wants her services, let me know. She told me she can add like 3-4 people.
Let’s get to it:
#1 🏠
I think about this concept of 10-15 paid off homes more and more as time goes on. Having 10-15 paid off homes in the midwest isn’t that crazy.
#2 🏠
Underneath this post the author started a poll asking his followers if they agree with the tweet. 57.9% said yes and 42.1% said no. I agree with the tweet. Plenty of investors in CA and TX make stacks. Although property taxes in TX are brutal, and I would hate to have issues evicting a tenant in the blue state of CA.
#3 🏠
San Francisco is getting wrecked. I just listened to Ben Mallah’s most recent interview on the Iced Coffee Hour. He said send lowball offers to everyone. There is a lot of pain in the market right now, so you may be able to snag some cheap real estate. I’ve heard a lot of people frown on sending lowball offers. Especially in commercial real estate, where you could get a reputation as a lowballer or tire kicker. Personally, I’m going to shoot some lowball shots soon. I think it is low risk and high reward.
#4 🏠
Creative financing is all the rage right now. You’ve got to ask yourself why a seller is going to sell to you and finance the property at a 4% rate. Often it is because you are paying more for the property than the seller would generally be able to get. Seller financing seems like a great way to finance deals and make money, but I don’t think it always makes sense.
#5 🏠
Tweets like this get me jacked up. Financial freedom is so close and so doable.
REFER A FRIEND AND I’LL VENMO YOU $2. 5 REFERRALS GETS YOU $15!