An engineer used up his entire 401k to invest in Real Estate
And is now making $9k per month cash flow income from it.
An investor case study🧵👇
A lot can be learned from folks who have achieved tremendous scale.
Eg - I talked to an ex-colleague this week raising a $100M dollar fund in the niche of active senior housing and learned a lot about granular tactics.
Mckinsey makes millions on a single presentation.....yeah👀
Here is the central business storytelling framework I learned in my 4 yrs there🧵👇
First, why should you care?
If you closely observe, most people do academia-style communication.
They stream details(situation, complications, etc) first and then slowly build up the conclusion.
And it works ...
but not when you have to be persuasive and sell your ideas.
Mckinsey charges $10,000 per day for a consultant at my level.....yeah👀
No its not for their problem-solving prowess but for phenomenal people skills.
Here is the most powerful people skill I learned there:👇🧵
Note: The per diem info is public - a simple Google search will reveal the numbers.
I'll leave a link at the end:
An engineer re-invested his entire 401k.
Yea, seriously!
And is now making $8k per month cash flow income from it.
Storytime🧵👇
A lot can be learned from folks who have achieved tremendous scale.
Eg - I talked to an ex-colleague this week raising a $100M dollar fund in the niche of active senior housing and learned a lot about granular tactics.
I've studied many billionaire real estate investors to neutralize recession risks.
Below is my exact framework you can use👇🧵
Quick background:
With any new venture, I always first create a risk mitigation framework.
With my desired acquisition velocity (100 units in 3 years while doing a W2)
I wanted to be especially diligent to cover my blindsides while moving really fast.
Estimating rent growth incorrectly could put you in a serious financial crisis.
Still 90% of investors I talk to do it wrong.
Here is a data-driven step-by-step method you can use.👇🧵
Should I time the market to buy real estate?
Do you think it's smart to use the 'wait and see' approach right now?
...are the types of questions I am getting most these days.
My take:👇🧵
Yes, mortgage rates are high and the prices have not come down enough just yet.
But.....
if it’s a long-term investment, fluctuations in the market shouldn’t matter.