All Forum Posts by: Henry Clark
Henry Clark has started 209 posts and replied 4091 times.
Post: Looking for Feedback — Best Communities for New Investors

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OP. YOU are different. Dont go down the path other investors are following.
If you use the following two tools which you either know or can learn in 30 minutes you will be ahead of 90% of all RE investors anywhere.
1. Use your BAH tax free payment to the max. Max your monthly home payment to match your BAH payment. No one else gets tax free money from the government that does not get taxed and doesn’t have to be paid back.
2. Unless you have a cash snowball for investing built up, keep selling your house at each base. Use your $250k per spouse to not pay capital gains. Check on perks for military using this. Your special. Even if you sale your house for the same price you bought it, you make money.
3. Get your RE license or your spouse to reduce transaction fees.
4. When you get out of the military go civil service. They pay BAH for overseas assignments. Do the same thing all over.
5. When you get out of the military again join civil service. Your years of military service add to your civil service. So you get a second retirement real fast, like year 1.
Don’t follow other RE investors. Don’t take any training.
If you have cash built up, I would look in Hawaii.
Post: Is There A Solution To Housing Unaffordability?

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OP if you’re approaching this from an investors standpoint. I would play the dips. Buildup cash now.
A. Your chart shows the next dip. What goes up will come down. Wait for the builder specials. Once the downturn starts. Find a development that just started, they will be hurting.
B. Stock market will crash. First thing sold will be luxury items like BNBs. Find your market now. Get to know it. Get to know realtors and lenders there. Make the plunge. Just recognize you will need to carry for a year.
C. Covid type event. Same as B above. Especially for tourist areas.

Post: Is There A Solution To Housing Unaffordability?

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OP the answer is in your chart. The spike occurred in 2020 to 2021. Same period as Covid impacting the economy. Affordability will naturally go back down.
1. Lumber tripled in price. Covid shutdown mills especially in Canada. Also large forest fires slowed or shutdown Canadian logging in areas.
2. Hardware used in housing was restricted with made in China. Stopped at the ports since ports were shut down due to Covid and strikes.
3. Cement costs have significantly increased due to Covid. Plants shutdown.
4. Labor shortage due to COVID government payments.
5. Businesses received COVID payments injecting financing into new projects.
6. People received COVID payments and purchased goods causing inflation.
7. Contractors lost money on fixed price build contracts. They had to recoup with higher pricing.
Believe the government injected over a years worth of GDP into the economy.
Think of a Bull Whip. Long wind up, then a pop at the speed of sound. We are in the Pop section. It will take a couple years for the above to unwind.
Covid had more dollars chasing limited resources. During this time we were building a new Storage location. We needed 20 truckloads of cement to pour. Pretty big right? We were small potatoes. Only got 5 loads per day, plus late in the day. Always want to pour early.
Prices will go down. Say 2 years starting now.
But we have a new issue on the horizon. China is economically imploding and they also have become to expensive. They are no longer a low cost producer. The supply chain will need a decade to find new sourcing. Or lower cost.
Answer to affordability is to have more people live in the unit, step down in type of housing, or move to affordable housing. My neighbors son is 2 years out of high school and just bought a house using his money. Combination of right professional choice (hvac) and buying in a lower cost market (small town).
Post: OPM with Farmland - Is it Possible?

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OP math won’t work.
1. Buy a larger piece of farm ground. Subdivide the waste ground off and keep. Sell the good farm ground. Farm ground itself won’t cash flow as you mention. Our area $250 rent on $10,000 per acre.
2. Do the same thing with a home property sale.
3. Look up land auctions by your states road department. Might happen every couple years. Usually odd shapes and sizes. Good for your purpose possibly.
Post: Training for Fix and Flips

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OP if you have the time and inclination work for Habitat for Humanity on a couple projects to get base hands on knowledge.
Post: How Do You See Real Estate Helping Solve Homelessness?

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Quote from @Josh C.:
So many cringe ChatGPT responses in here. People, you look silly when blindly copy and paste computers.
But the homelessness wouldn’t be solved by housing. If people want to do drugs and have no desire to stop then you can’t help them. Homeless people can re enter society, but they have to want it. Our office for the last 10 years has been in one of the highest density of homelessness areas of the city. And watch out our windows everyday the drug induced zombies happily stumbling all over, digging in our dumpster and sleeping under our overhang. They will only ever get better if they want to and seek help. No law or program helps people that don’t want to change.
Post: Would you take on this project?

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OP
1. If using a construction loan make sure to factor in the interest during your holding period.
2. Have your contractor and subcontractor add you as “Additional Insured” to their policies until done. Has to be renewed each policy year for them.
3. Even though you will be covered by the contractors insurance, buy a liability policy yourself. Cheap.
4. Get subcontractors to sign lien waivers or invoices saying paid in full at end of contract.
Assuming this project will be longer and more expensive than your prior projects, so would take these steps.
Good luck with project.
Post: BiggerPockets Crooks, Scammers, Deviants, Fake Identities & Con Artists

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OP thanks for post.
People who lost money sorry for your loss.
BP time will pass. Next set of new passive investors will come to market on BP. Next set of bad deals whether fraud, poor investor deals or poor valuation projections will surface. And the next bad investment posts will occur. This post will go to the way side.
BP have the following suggestion. Being a financial and systems person by training, I would not suggest the following without you monetizing it. Otherwise you shouldn’t do it.
Bring AI tools to bear within the BP world from a sale able service standpoint. Whether it is people reading this post, using the inadequate lookup function for Due Diligence, linking to podcasts or selling books on Due Diligence, beginner training tool, make it easy for members to find these tools and for you to monetize.
All of the above may exist in BP but they are not readily accessible. Use AI. AI doesn’t have to be used as a what if. It can also be used to monetize BP and sale services.
I read the attached “Back” posts linked above and the Syndication bad posts. They all show a lack of knowledge or execution “Laziness” of due diligence. They all focus on “Trust.”
If you’re not trained as an Investment Banker or Loan Officer don’t do these deals.
Or if you don’t know how to perform due diligence.
BP make several posts and ask for Due Diligence lists. Different REI areas. Syndications, loans, notes, residential, land development, commercial, etc. Add them to your product offering and sell them or as a training package.
BP is geared to new investor turnover to make money. Funnel them to your products. Don’t make them find them.
It’s your money, you’re always right; even if you’re wrong.

Looking at some Nasty properties in Zagreb, Croatia. Who wants to loan me money, have several deal sizes. All 6 month, 50% annual interest, secured by the property. $500,000; $100,000; $50,000; $20,000.
“TRUST” me. Great deals.
Post: How Do You See Real Estate Helping Solve Homelessness?

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OP if you could address the areas of my response above how you are addressing or not.
Post: Are You Reinvesting Cash Flow or Building Reserves Going Into 2026?

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OP I don’t see creative financing being a Risk discussion point. Very minimal, unless this is their first and only deal.
1. How old are you?
2. What stage of REI or wealth building?
3. REI strategy
4. LTV%
5. View of the world- stock market, US debt load, China as a supplier, wars, Fiat currency status, personal job status, etc.
These to me are the major risk determinants to start a conversation in risk management going into 2026.
What is your view of the above and how are you positioning for 2026 in terms of risk management?