User
Write something
Coffee Hour with Chris is happening in 6 days
Pinned
Read this first: what is free, what costs money, and how to upgrade
This community exists because I bought 43 properties and 122 units for $6.08 million with $128,750 of outside cash, mostly seller financed, in 5 years, in small town Illinois. Not a guru claim: every settlement statement is in the Deal Vault in the Classroom. Here is the whole map so nobody has to guess. WHAT IS FREE (you have it now) The Deal Vault: 107 pages, all 43 deals, every closing statement. Start Here: 5 short lessons on how this portfolio was built. And me, in the comments: ask any question about any deal in the Vault and I will answer it. WHERE FREE STOPS Questions are free. Structuring your deal is not. If you have a live deal (a building, a seller and a number) it gets worked on Coffee Hour, not in the feed. That line is what makes the paid side worth paying for, and I will hold it. WHAT COSTS MONEY (two things) 1. The Terms Method, $497 once. The complete system in 8 modules and 29 lessons: find the seller, run the conversation, structure it, paper it, refinance it, operate it. Every document is included: the Paperwork Kit, the Structure Playbook, the Rent Policy pack. Buying it also gives you 90 days of Premium: Coffee Hour every Sunday at 1pm Central and your deal structured with me. After 90 days, Premium is $99 a month if you want to keep the seat. Text edition today. Founders get the video edition free when it ships, and the price goes to $997. 2. VIP, $999 a month, by application. A private 30 minute call every week, direct DM access, your documents reviewed before you sign. Only for someone with a live deal. If you do not have one yet, the Method is the right buy and VIP will still be here. If you already own buildings and the problem is running them, the Landlord SOP Library ($149) and the Automation Stack ($499) are in the Classroom as one time unlocks. They are for operators, not for your first deal. COFFEE HOUR IN SEPTEMBER The first four Sundays are open to everyone in the community, free, and recorded. Come watch a deal get structured before you decide whether to buy anything.
One move this week
Comment the single action you are taking before next Saturday. Send 20 letters. Call one landlord. Walk one property. Ask one seller what they would do with the money. Write your screening criteria. One action, one comment. Next weekend I will come back to this thread and check on every single one of you. That is the deal.
Friday open thread. Drop your deal.
Working on something? Post it here. Numbers, seller situation, what is stuck. No addresses needed. I read all of them. The three most interesting ones get structured live on the Premium weekly call, and I will post the structure back into this thread afterward so everyone learns from it. If you are not working on a deal yet, post the kind of building you want first. That counts.
Deal math check
$41,600 loan. 8.5% interest. 20 year amortization. What is the monthly payment? First person to get within a dollar gets tagged in tomorrow's post. No calculators is more fun but I cannot check. This is a real loan from my portfolio, the one we call the Birdhouse. Micro payment, real building.
$128,750 bought $6,080,000 of real estate
43 properties. 122 units. About 7% of the price in actual cash toward purchases, spread over five years. I did not save my way here. At 25% down the same portfolio would have needed over $1.5 million of cash I did not have. Terms are not a trick, they are just the other way to buy, the way that fits people whose spreadsheet says not yet. Every closing statement is in the free Deal Vault. The receipts are the argument. If you are new here: start with the Start Here course, then read three deals from the Vault that look like buildings in your town. Then go find the tired landlord who owns one.
1
0
1-14 of 14
Terms Over Cash
skool.com/terms-over-cash
Skip the bank. Buy the building anyway. 122 units bought by paying the sellers monthly instead of a loan. Every closing statement published.
Leaderboard (30-day)
Powered by