Start Here

****UPDATED 1/2018 w/ Quick Start List!!!****

Welcome if you are new! And welcome back… here is what I have been working on…

1 ) Just closed my second syndication in my own name. If you want access to these opportunities they are only available to folks with a pre-existing relationship. So sign up for my Hui Deal Pipeline Club and setup a time to chat.

Hui Deal Pipe Club acquisition stats (Estate-2016)- Acquired over $50M dollars and $3.5 million dollars of funds raised in 2017 alone.

2) Working with my coaching clients and Starting group coaching. Honored to be part of this paid Mastermind. Email if interested.

3) Moved to Hawaii! Waiting for the right deal to come along in this sellers’ market and ponder life.

4) Analyzing just 5 MFH deals a month for my own deals (quality over quality). Finding another deal I can partner with.

Goal: Turn “C” and “B” class properties, 60-300 units (stabilized with value-add opportunity) with at least 75% LTV/25 year amortization. We plan to hold 3-6 years and sell when we have doubled our investors’ money. Utilize Non-Recourse debt for extra security.

Buying Criteria:
Seeking MFH at least 60 – 250 units.
1. Value-add component: typically 85-90% occupancy for non-recourse loan & discount based on condition or motivated seller
2. Price: $1,500,000 – $9,000,000, per unit cost under $55K.
3. Location: secondary and tertiary markets across
4. Class: D/C/B Property in a B/A neighbourhood

Checking out properties with Patrick Herbig

My portfolio as part of MFPE Investments LLC consists of 626 units in OK, TX, and WA.
Here is what I’m doing as co-owner of MFPE Investments LLC:
Lake Charles LA – 199-unit RV / Mobile home development (pending)
San Antonio, Texas – 192-unit class B apartment (2017)
Houston, Texas – (2017)
Oklahoma City, Oklahoma – 170-unit class C apartment (2017)
Oklahoma City, Oklahoma – (2017)
Panama – Half acre of Coffee Farm (2017)
Indianapolis, Indiana – 1 Single Family home (2015)
Atlanta, Georgia – 5 Single Family home (2015)
Birmingham, Alabama – 1 Single Family home (2014)
Port Orchard, Washington – 18-unit class B apartment
Previously held assets (acquired-sold)
New Castle, Pennsylvania – 1 Single Family home (2013-2017)
Seattle, Washington – 1 duplex (2011-2014)
Seattle, Washington – 1 Single family home (2009-2013)
Atlanta, Georgia – Shopping mall
Port Orchard, Washington – Quadplex

 

 

 

“I started the Hui Deal Pipeline Club because I want to see each of you get to your goals financially so you can focus on what is really important to you. There are other fundraisers out there that will train their investors down to 10-15% IRRs on crappy deals and do “deals to do deals” or to pick up acquisition fees. Between investing alongside you folks and wanted to grow my track record the right way with the best product I know you guys will keep coming back and bring your friends.

 

SimplePassiveCashflow.com is for working professionals who are looking for diversification and better returns outside of traditional investments such as mutual funds and stocks. The Hui Deal Pipeline Club is a free investor club where I filter investments and underwrite the numbers and partners myself. Unlike other investor lists and groups, my investors have personal access to me and know that I personally have skin in the game investing alongside with my investors.

 

Let’s work together to redirect money from the Wall-Street casinos and corrupt financial institutions…To help the endangered ‘Middle Class’ savers find safer, more profitable investments in Main Street opportunities benefiting local communities.”

“Start Here”Continue reading

Donald Trump said a lot of things…

One of those things were… “We’re going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it,” The speculation is $550 billion in new infrastructure projects across the country was a central theme in his campaign.

Here is the meat of this post – maps of major infrastructure.

https://www.washingtonpost.com/graphics/national/maps-of-american-infrastrucure/

Hidden Returns of Rental Real Estate – 30%+ ROI a year smokes the pants off stocks/mutual funds

Here is a discussion that will hopefully put to bed the annoying quarrel that people outside of real estate just don’t get. I’m going to show you the hidden ways you make your money on real estate rentals that blow REITs, Crowdfunding deals, and Real Estate Notes out of the water. There are potentially better investments (risk divided by reward) backed up by a hard asset, however, those deals are not obtainable by the average individual who does not have access to a rich and powerful network of people (not this bottom feeder one) and who does not have a net worth exceeding $1-million. These are the deals that happen behind closed doors in the country club crowd, but that’s not what we are here to talk about today. If you’re wondering, I too am Tiny Tim peering into that window of that exclusive party. The simple rental is something that is accessible to everyone and today we are talking about the math behind it. So put on your propeller hats, because we’re about to talk numbers.

“Hidden Returns of Rental Real Estate – 30%+ ROI a year smokes the pants off stocks/mutual funds”Continue reading

The Simple Passive Cashflow Latte

A post just for fun…

SimplePassiveCashflow.com Financial Freedom Independent Mentor Freedom~Number Value-Add NOI Teams Mortgage Integrity Charity Income Escape~the~Rat~Race Empowerment Equity Portfolio Legacy Entrepreneur Millionaire Ink~it~up Choose~Your~Path Prudent~Leverage Net-Worth Stabilized Appraisal Small~Deals E-Myth Pro-forma Network Turn-key Re-position QVD Appreciation=Icing~On~The~Cake Working~for~the~Man Stocks=Ponzi Who~needs~a~401k Cap-ex Assets Rates Cap-rate Syndication 9-to-5 JOB=just~over~broke Wisdom Risk/Reward Retirement~Now Work~On~Your~Business~Not~In~It No~Crystal~Ball Tax~Benefits Inflation~Hedge 1031 Manage~Team Leadership FYIFV Revenue DSCR IRR LLC S-Corp 1099 Schedule-E DTI FannieMae Good~Times Systems Reserves Note Rich Delegate Market Statistics Investing Strategic Proactive Bucket~System Frugal

Some days I just need to take a break or need that jolt of energy to write an article or do my day job. Here is what I make every day before I get going and to grab life by the nuts:

The Simple Passive Cashflow Latte Recipe

Ingredient Why What Brand
12-16 OZ

Brewed Coffee

Because coffee is the drink of the gods, caffeine Bulletproof (non-moldy beans), Kimera Coffee (Nootropic infused), or Kona Coffee (to support the 808 State)
Butter Fat – because it’s not the 1990s anymore KerryGold because it’s organic. I like the salted version because it’s more widely available but the salt adds depth to the taste
1 Tablespoon to 1 OZ

MCT Oil

MCT are medium chain fats, the key to brain function and good skin. Basically modern day snake oil. Bulletproof Brand has XCT Oil but I use this Mickey T Brand (isolated 8-Carbon Caprylic Acid Molecule) which is the same thing except a lot less marketing costs. You can use Coconut Oil in a pinch but the taste isn’t that great.

 

1 Tablespoon to 1 OZ

Whey Protein Powder

Whey is the cheapest form of protein. This is a way to add a bit of sweetness and blends into a foam. Life is always better with a bit of foam! Optimum Nutrition is the go-to brand for thousands of wannabe bodybuilders so stand on the shoulders of these giants and do the same.
1 Tablespoon to 1 OZ

Collagen Protein

This is the most expensive protein that has benefits for skin, joints, bones, hair, and digestion. Sort of like drinking bone broth without the flavor. I use Natural Whole Nutrition Vital Proteins Collagen Peptides.

 

I have also used Collagen Hydrolysate under the Great Lakes brand.

Other optional pick me ups:

1 Teaspoon (pick only one)

Cocoa Powered for a Mocha

Vanilla for a Vanilla Latte

Turmeric for a yellow mess

 

Cocoa improves blood flow (not saying it’s going to be like Viagra but at least it takes like Chocolate)

Turmeric – Google it

Vanilla – Google it

 

Bulletproof Cocoa

 

Turmeric powder

 

Bulletproof Vanilla

 

For those of you who are into the whole autophagy intermittent fasting protocol (12-hour daily fast) this is pretty good for you too because you are basically drinking a MCT oil drink. The only recommendation is to eliminate the whey protein. Also if you really want to geek-out, blend the whey separately because it is the most unstable. By blending separately you allow the butter and oil to cool down the hot coffee and protect the whey from heat.

Blend and serve in a mug that says “What Would You Attempt To Do If You Knew You Could Not Fail” or “Life Begins at the End of Your Comfort Zone”.

Please note that some of the links found on this website are affiliate links. And at no additional cost to you, paid by the seller, I will earn a commission if you decide to purchase which helps pays for the various costs of running this website. Please understand that I have previously used these products. Do not feel the need to purchase these products but if you do please use these links. If you have any additional questions on how I optimize the use of these products please let me know.

Save

My Networking Event FAIL!

I went to a general meetup of professionals. I don’t really know what I was looking for since I was not really looking to sell anything but I was curious because it seemed like a nice downtown venue and with over 100 participants. Unfortunately, the crowd was a bit tough to break into (I’m not the natural extrovert) because I was talking about real estate investing. The group median age was in its early 30s with a vast array of professions and industries. The majority of the people there were very career focused (trading time for money) or technical in trade. I also found that the level of participants were mostly entry level in terms of career stage and thus the reason they are hustling for leads, networking, and even jobs. Needless to say, these people did not have much money to collaborate in a real estate deals and even if they did they were not drinking the Real Estate Kool-Aide and were into their JOBs (just over broke) and “401k 4-Life”. Suffice to say I am going to be more selective in my networking events as I try to find other like-minded investors but here are some fun observations.

I realize that one can call BS and say that I had a negative mindset and that I was not networking for quality or building a long-term relationships. However, I got the feeling that a lot of the people in the room were just interested in passing out cards and with the “what can I get mindset” which is typical for the scarcity mindset population. Here are a couple fun examples:

“My Networking Event FAIL!”Continue reading

My Rental #4: Birmingham

I promised real life properties and updates and here is the first one. For obvious reasons, the address will not be released for the tenant’s privacy but I am renaming the properties with the city name (Birmingham, Alabama) and the corresponding number that it was acquired.

04AL

This property was put into service in September of 2014 and was the successful beta test to prove the concept of remote out-of-state investing. I acquired the property from a marketer that makes connections with the rehabbers in certain markets and finds buyers such as myself who are typically located in low price to value ratio locations (this does not necessarily mean high-priced locations) such as California, New York, Hawaii, Seattle, Portland, and basically the coastal areas that all the cool kids what to actually live. Marketers have their place if the buyer is totally clueless but once you purchase a few of these properties the marketer really does not offer much value. The only thing I see that they would offer would be someone to be the bad guy role in a negotiation but many of the marketers are buddy-buddy with the rehabber because of their business relationship and won’t stick their neck out for you. As the buyer, you need to take ownership of the due-diligence process and negotiations because that marketer is not a licenced agent and does not have a fiducial responsibility to you.

“My Rental #4: Birmingham”Continue reading