Quote from @Brendan Winans: I Made My Largest Single Profit to Date: $250K in 12 Months on a FourplexEarlier this year, I closed out a value-add fourplex that generated a $250K profit in just over 12 months.

Especially for properties that do not qualify for institutional financing, or are attractive to buyers who don’t qualify for conventional financing.The price obtained for a property is a function of demand for that property.

Hey @Andy Gonzales, I use to work for one of the largest relocation housing companies in the country.

Use it only if absolutely necessary because debt = risk and having been badly bitten by my largest lender pulled the plug on my largest loan at the very worst time and with no prior notice. 

Quote from @Adam Macias: A 50-year mortgage sounds like affordability — but it’s really it'll be debt that never ends. lolOn paper, stretching a mortgage from 30 years to 50 lowers the monthly payment, yes.But in reality, you’re paying far more in interest while barely building equity for decades.If you buy a house at 25 years old if you're lucky, you'll be 75 when the mortgage term ends...It’s housing that feels like ownership but functions more like renting — just with a longer contract and a higher total cost.The real problem isn’t the length of the loan.It’s the affordability crisis that’s forcing people to consider lifetime debt as a solution.Until we address prices, wages, and supply, extending loan terms only delays the inevitable...The further elimination of the middle class chasing the American Dream of owning a home. 

🚫 Not worth splurging on:Fancy wall art (most guests barely notice)Premium cookware (unless targeting execs)Expensive rugs or decor piecesFocus on comfort and function — not Pinterest.What’s one item your guests always appreciate that you didn’t expect?

At our largest location we have 84 cameras.

Quote from @Paul Azad: Don't know anything about them but per my calculations they are taking 27.2% of the capital appreciation on the New Braunfels deal at the end per their projections which seem optimistic in this oversupplied environment, (Austin MSA with largest new multi-family projects coming out this year in the country ,8% of total existing stock and already seeing rent rate declines of near 10%in the city so far) and they are taking a big chunk of the monthly cash on cash as the preferred payouts for their 3 different classes are well below the projected cash on cash total.

While many details remain unclear, the initiative could become one of the largest direct benefit programs ever tied to trade revenues.Key Economic Data Releases this Week: Wednesday, November 12th: MBA Mortgage Apps Thursday, November 13th: Weekly Jobless Claims, CPI, Real Avg Hourly Earnings Friday, November 14th: Retail Sales, PPI

Magna cum laude, Phi Beta Kappa, MBA, CPA at largest CPA firm in the world.