Andy Freeman (@andymhp) 's Twitter Profile
Andy Freeman

@andymhp

Mobile Home Park Operator. Midwest based. Committed to making a positive impact in the MHP space.

ID: 312830193

linkhttps://enjoycapitalgroup.com/ calendar_today07-06-2011 18:48:48

169 Tweet

1,1K Followers

381 Following

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Real estate is most people’s top performing investment. Not cause it's a better asset class than stocks, but because it’s more illiquid. People don’t panic sell a home. Same can’t be said for stocks. Buying is easy. The hard part is being patient while your investment grows.

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If you have an unfulfilling job draining the life out of you, quit and pursue your passion. If you enjoy your job, stay where you’re at and start investing in real estate. Hands on or passively, you decide.

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True passive income is hard to come by and takes plenty of time (and money) to get set up. Don't be fooled into thinking otherwise.

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Your first couple deals is where the real education comes from. You don't have to know everything before you start. Just start.

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Slumlords: Squeeze every last dollar out of their property without putting a dime back in. This a great way to flush all the value out of a multi-million dollar asset. R.I.P. another neglected Mobile Home Park

Slumlords: Squeeze every last dollar out of their property without putting a dime back in.

This a great way to flush all the value out of a multi-million dollar asset.

R.I.P. another neglected Mobile Home Park
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Aleksey Chernobelskiy - Trusting a wholesaler’s ARV projection in single family - Investing in a sub-3 cap sunbelt multi family deal with floating rate debt - Putting $100k in a development deal that failed to get entitlements - Chasing 30% IRR deals you saw in a FB ad

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Ways to lose money in Real Estate: - Trusting a wholesaler’s ARV projection in single family - Investing in a sub-3 cap sunbelt MF deal with floating rate debt - Putting $100k in a development deal that failed to get entitlements - Chasing 30% IRR deals you saw in a FB ad

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Want long-term success in Real Estate Investing? Then ask yourself this question before committing to any deal: "Can I see myself owning this property for 10+ years?" If there's any uncertainty, you should pass.

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Generational Wealth: Financial assets that are passed down through families to children, grandchildren and beyond. Spoiler: A $50,000 investment into a real estate syndication is not this.

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New real estate investors make these 5 mistakes on their first deal Number 3 especially 👇 1. Not budgeting enough for repairs & maintenance 2. Being over-optimistic with rent growth & infill assumptions 3. Completely leaving out landscaping/snow removal costs (these are high)

New real estate investors make these 5 mistakes on their first deal

Number 3 especially 👇

1. Not budgeting enough for repairs & maintenance
2. Being over-optimistic with rent growth & infill assumptions
3. Completely leaving out landscaping/snow removal costs (these are high)