🏘️Real Estate Investor | 💸Private Lender to RE Investors |📕Author of It All Adds Up | 🏈9 Year NFL Vet
United States
Joined April 2011
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Nephew playing some great ball to start the year!
junior year first 3 games
@bashagridiron
hudl.com/v/2SgPW1
I searched Kendrick Lamar’s performance and saw thousands saying it was legendary… and thousands saying it was trash. Two people can experience the same thing and have completely different opinions.
Moral of the story: Do what’s right for YOU. You can’t control how people feel—only how you show up. 🏆
What are the skills you can master that will serve you well wherever you go?
Start developing those skills TODAY.
Having a desirable skillset will ensure the financial well being of you and your family.
Let’s add skills to our toolbox in 2025!
For the crowd who says residential real estate is a bad investment:
Why is their so much institutional money flooding the residential space?
One would think that hedge funds and PE companies have access to advanced data that guides their investment strategies sooo IMO the math must be mathin’ in residential.
Why do so many people in commercial real estate look down at people who invest in residential real estate?
I’m an LP in a lot of large deals and a 15-20% IRR on a commercial project is what most aim for/expect and I know many residential investors who hit those same metrics.
Have you guys ever thought about how much money our culture spends on fashion today?
I am probably a bigger culprit of this than most so not judging anyone at all but its just crazy when you think about it.
Pair of sneakers can cost $1k
T shirt $500
Etc.
All of our closets are full then things go out of style and we give it away after a couple wears.
Fashion may be one of the biggest financial traps of them all.
PSA to aspiring real estate investors. MORE and BIGGER does NOT always mean better!
I know investors with 30 doors who make more $ and have a better quality of life then some with 1,000s of doors.
With all those doors come partners, investors and employees thus more responsibility.
That ain’t for everybody!
S/O @BiggerPockets for the dope author gift!
Head to my website devonkennard.com to pre order NOW!
I bought my first investment property in 2014. Up until about 2 years ago I considered myself a cash flow investor… but I have to be honest investing in RE for cash flow is the hardest it’s ever been since I started.
Additionally, the appreciation growth of my properties over the last decade significantly outperform the cash flow I have generated.
These insights gives me a new perspective + direction for 2024 and beyond.
Cash flow from your RE keeps your portfolio healthy so you can reap the awards of appreciation, depreciation and tax benefits.
If you want the best COC return on your money you need to invest in businesses. In RE that can be lending, fix and flipping or starting a fund/syndication.
Curious what other seasoned investors think on this?
🚀 **Big Announcement!** 🚀
Here’s the cover of my new book with @biggerpockets !
After 10+ years of mastering real estate investing while juggling a demanding career, I’m thrilled to unveil my new book, *Real Estate Side Hustle — 4 Passive Investing Strategies To Build Wealth Beyond Your Day Job*. 🎉
I’ve packed this book with all the knowledge, tools, and strategies you need to grow your own real estate empire. I can’t wait to share these insights with you and help you achieve financial freedom!
It’s already available for preorder so head to the link in my bio now! 📚💼💪
#RealEstateInvesting #PassiveIncome #FinancialFreedom #BookRelease #SideHustle
📚🏠 Excited to reveal the title of my upcoming book: “Real Estate Side Hustle: 4 Passive Investing Strategies to Build Wealth Beyond Your Day Job”! 🌟
Ready to turn your real estate dreams into reality? This book will be your guide to mastering passive investing and growing your wealth without sacrificing your 9-to-5. From insider tips to proven strategies, discover how to make real estate work for you!
Stay tuned for more updates and get ready to start your journey to financial freedom! 🚀💼
#RealEstateSideHustle #PassiveIncome #WealthBuilding #FinancialFreedom #BookLaunch #InvestSmart
DK retweeted
🗝️🏡 SOLD!
One of our longest standing borrowers just completed and SOLD their flip. A MAJOR $250k Loan is PAID BACK!
Loan Amount: $250,000
Property Type: Single Family
Loan Type: 2nd Position Loan, 16% INT
Term: 1 Year
#moneylender #arizona #42solutions
A year ago I did my first cost segregation study. I found the company here on Twitter and they did the study virtually on 2 properties. I thought they did a great job, saved me a lot of money..all was good!
Well this year I went to do some new cost seg studies on some other properties and got a quote from a recommended company.
The new company offered to review my previous cost segs. I had no complaint with the previous studies but figured some extra eyes couldn’t hurt.
Turns out the previous company did not get an accurate land value on either of the properties and if they had it would have netted me another 60K.
Are misses like this normal?