I've purchased $5 million worth of investment real estate in the past 12 months in Texas. I manage it. Here's what I've learned: 👇👇👇👇👇👇👇👇↗

How to turn $1MM into a lot more: Buy a $2MM self storage facility. You’ll need $600k cash. Use $60k of your own cash (10% co-invest) and raise the $540k from limited partners. You own 10% of the deal but 1/2 the upside (the carry). Do this 10 times.↗

THREAD: I've been very serious about personal development for 10+ years. But not just reading... I've been putting the principles to work as I've grown and sold my business (7 figure exit) and built a real estate portfolio worth $20MM+. Here are a few of my top takeaways:↗

A thread on how real estate investors, developers and operators can make millions a year and pay almost nothing in TAXES by using depreciation, bonus depreciation, and 1031 exchanges. How it works:↗

Last fall I bought a 4-plex in Nampa (a suburb of Boise) to turn into an airbnb with the help of 2 friends. Each unit is ~900 sq ft (2 bed, 1.5 bath). Purchase price: $339,000. We had to pay cash because it was in such poor condition. Here's a thread about how it all went:↗