Steven Segal (@steven_segal88) 's Twitter Profile
Steven Segal

@steven_segal88

storage | new builds | lending

ID: 1466841197704478723

linkhttp://marealending.com calendar_today03-12-2021 18:46:20

2,2K Tweet

2,2K Followers

669 Following

Steven Segal (@steven_segal88) 's Twitter Profile Photo

It's very much insane that government rent control can make two identical buildings have a different value. Tenant dies and your net worth goes up a mil! The SF/bed-bath of course makes sense.

Steven Segal (@steven_segal88) 's Twitter Profile Photo

Doordash (tips) and Realtors charging on a % of transaction is flawed. Two stories of home or two stories of burger patties isn't harder to deliver on than one.

Steven Segal (@steven_segal88) 's Twitter Profile Photo

"People don’t want uncertainty anymore. They want speed, transparency, and control." To be fair, ppl actually just want money. Cash plus makes sense because you don't have to tell them that their house isn't worth what they think it is.

Steven Segal (@steven_segal88) 's Twitter Profile Photo

Kinda want to do something new: 1. Mobile dexa scans (had this deal for awhile and now someone is scaling. Def not too late). 2. Build a tool for carpenters and handymen to design and sell cabinets (and supply cabinets) 3. Title company because my deals alone cover

Steven Segal (@steven_segal88) 's Twitter Profile Photo

Raising on a $4.3M bridge loan right now at 50% LTV. Investors getting 9%, juiced to prob 9.5% with pre-paid interest. It's insane how many of my college friends think they are just out there making repeatable double digit returns because they did for a year in a fire market.

Steven Segal (@steven_segal88) 's Twitter Profile Photo

1. Timing can make smart people look dumb and dumb people look smart. It's the most under appreciated variable when talking about performance. 2. You shouldn't blame someone for losing your money if they didn't commit fraud and they had no operational role.

Steven Segal (@steven_segal88) 's Twitter Profile Photo

Having to pump out dozens of tax returns and the admin that comes along with it (annual reports, ect) is brutal. Finish personal in October and then right back at it for 1099s in Jan and some entity returns in March.