Drama. With three daughters a wife and my mom at home you’d think I’d get my fill there. Nope. This apartment stuff is full of it. I think I’m a magnet for it. Or maybe it’s just standard operating procedure for commercial real estate.
Category: Apartment Buildings
Follow me as I start from scratch and buy an apartment building.
Cash Flow Mercenary TV: I Tapped My WORK 401k for RE
If you’re a corporate person then I know you can appreciate my pain. You have a 401k. You have a crappy plan that only lets you invest is 4-6 crappy funds. Or you can keep it in cash and at least not lose anything except upside. Well I’ve decided to pursue a different option – and put at least part of my 401k to work – in real estate!
Cash Flow Mercenary TV: Looking For a Way Out
Had coffee with a friend last night to talk real estate. He’s a corporate guy and he’s looking for a way out as well. It was an interesting meeting.
Cash Flow Mercenary TV: My Private Clients Are Having Fun
My Private Clients are having a blast. Did you see the picture with scotch and cigars after the closing? They’re making a great ROI and having fun at the same time. Isn’t it time you joined?
Cash Flow Mercenary TV: I Bought An Apartment Building!
I’m happy to report that my private equity fund, the Great Lakes Investment Fund, made it’s first acquisition today! Spectacular building and spectacular return on investment for a spectacular partnership group. And positive cash flow on day 1. Not a bad business model.
Cash Flow Mercenary TV: It’s Do or Die Time
Well this is it – after eight months of work, countless emails and phone calls, and a couple of dozen hours of negotiations, the UD private equity deal comes down to this: two pages of changes required by me to the seller’s 200 pages of highly restrictive and completely one-sided closing documents. Will the deal live? Will it die yet again, and for the last time?? –insert dramatic music here– Stay tuned . . .…