Follow me. Real estate appraisals, investing, house flipping, in-state rentals, out-of-state rentals, residential development, stocks - E-Book avail.

California, USA
Joined November 2019
About me: 18 years as a real estate appraiser, 8,000+ appraisals performed. 70+ successful real estate flips valued at $40,000,000+. Personal goal of holding 50+ rentals and paying them all off for retirement. I try to provide a unique, inside look at real estate and share any tips I get along the way.
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Replying to @incognitoparker
Ya dude, just run a bakery for passive income
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Welp the walk and talk biz bankruptcy YouTube niche is going to be boomin
If you work a W2 job and don't have a boring business that pays you $5k-$10k a month on top of your salary... I got you. Here are 9 boring businesses for sale today (& where to buy them):
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This is embarrassing that the President of @BizScout_ is posting this. It shows he knows nothing about small business. These businesses are high profit margin because the owner is doing everything - AKA not passive whatsoever. Very bad look @Codie_Sanchez
If you work a W2 job and don't have a boring business that pays you $5k-$10k a month on top of your salary... I got you. Here are 9 boring businesses for sale today (& where to buy them):
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Replying to @BobbyBizScout
If you want to hate your life, lose your job, lose your wife, never see your kids, and probably lose your house in bankruptcy, buy a $5-10k/month free cash-flow landscaping business on top of your w2 with 0 experience.
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Replying to @ThinkAppraiser
1. Real Estate Appraisal Business Cash flow: $250K/year Asking price: $8M Multiple: 32.00x Profit margin: 58.4% Location: Orange County, CA Established residential and commercial appraisal practice with long-standing relationships with 1+ local lenders, banks, and real estate brokerages. Certified appraiser and support staff already in place; recurring monthly volume from mortgage, refinance, and estate work. Owner is absentee and whereabouts unknown. Hasn't responded to bid requests in 3 minutes. Seller financing available. Website and referral channels generate steady inbound work with minimal marketing spend.
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Replying to @ThinkAppraiser
Just start up a little side hustle collision repair shop. Lmao.
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BRB GONNA PAY $1M FOR THIS BIZ AND HAVE SOMEONE ELSE MAKE ME RICH 🤑
Replying to @BobbyBizScout
2. Collision Repair Shop Cash flow: $809K/year Asking price: $1M Multiple: 1.24x Profit margin: 57.8% Location: Queens, NY Served the neighborhood for decades from one of the busiest auto hubs in Queens. Handles everything from cosmetic touch-ups to major structural repairs.
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This might be the funniest post of all time
If you work a W2 job and don't have a boring business that pays you $5k-$10k a month on top of your salary... I got you. Here are 9 boring businesses for sale today (& where to buy them):
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My prediction, appraiser fees Will NOT go up at all. The new 3.6 UAD software is adding 1-3 hours PER REPORT and fees will not go up Desperate appraisers will accept $400-550 (same fees as now) even with 1-3 hours extra work due to the software changes Change my mind
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Imagine waking up from a 10 year coma and see Nicki Minaj might be the White House press secretary
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Nithya Raman vs. Graham on police being called on homeless people in LA… Nithya: “If there's not a crime happening there...” Graham: “There is a crime, they’re doing drugs.” Nithya: “Well no if they're just sitting on your sidewalk...” Graham: “No no, they're doing drugs.” Nithya: “Well, that's a different situation. What I’m talking about is someone sitting on your sidewalk talking to themselves potentially.” Graham: “Oh, no, no, no, no. I mean that’s not what I’m talking... anytime the police have been called, it’s because they’re doing drugs in public.”
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When will housing costs get back to normal? Possibly not until around 2031, per a new Redfin analysis. If mortgage rates stay near today’s 7.5% and home prices stop rising, it could take about six years for housing costs to return to 2018 levels, when the typical buyer spent 30% of their income on the monthly payment. But in about half of major metros, it could take 10 years or more, including New York, Chicago, Philadelphia, Detroit and Tampa, where prices are rising faster than incomes.
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Replying to @TheICHpodcast
First of all, who’s paying 2M for a 4plex? I closed on a 7 unit building in Los Angeles last month for 650K. The biggest issues usually come from owners who haven’t maintained their properties. Then, when it’s time to sell, they want top dollar, even though the rents are far below the area’s market rates. It has to make sense for all parties involved, which is the seller, the buyer and the tenant.
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Jason Oppenheim breaks down the EXACT math on why LA landlords lose money every month… “If you're buying a fourplex today for $2,000,000... it's probably gonna cost you about, call it $12,000 a month to carry that property... You're not gonna get $12,000 in rent.”
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The U.S. needs 1.7 million new trade workers every year through 2035, and training programs turn out just over HALF that! Insane opportunities out there today
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Wild trying to determine how AI will change the world and you see two tweets in a row like this.
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JUST IN: California rehab operators accused of supplying illegal drugs to recovering addicts to keep them hooked & collect over $210 million from insurers.
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The U.S. has a trillion dollar defense budget It also has dudes like this, just in case Writer: Michael
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Waiting for a 2008-style crash before you buy? 🚨 Here's what builders see that most people don't Most owners are locked into low rates and aren't selling There's no wave of distressed sellers like 2008 Builders are already cutting prices instead of crashing The discount is happening now, just quietly. Are you sure you want to wait until rates start dropping again? What do you think will happen when they do?
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