Getting A Piece Of The Action, This is Everything You Should Know About Equity.

Published: April 16, 2021, 2:32 p.m.

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Welcome show Jason bye will meet with prime burger Texas real estate radio network we were just talking about the the 10 house video that rob did. T. leads yet. Pretty legit it is a it\'s gonna get you guys in the field. It was a great movie trailer it\'s awesome and then you go to Europe. Perfect talking about families and 10 houses and. Piano recitals and all that other stuff so you\'re at your if if you are on our email list it just went on the email list I posted on Facebook if you guys are just watching or listening to is just go to our you tube channel it\'s on there somewhere so when I when I got the email I was looking at it and you were in the meeting with robin and the other guy and I was I text you is like this is amazing and I was looking through the glass looking at just like come on look at me. We\'re we\'re too busy doing work stuff so I was doing that negotiating a package of properties right now I\'m doing like not I feel bad these partner meetings a lot of times just texting stuff like don\'t worry guys I\'m listening but I\'m also doing like 900 other things here so sorry case today the theme of today\'s show. Is actually doing remember with it what is it the Ritesh show Iraq. Getting a PC action I was about equity I just remember we called getting a piece of the action so this is getting equity we\'ve we\'re about to launch 3 new funds and the folks that are going to participate in the fun I E. investors are going to get a piece of the action meaning they\'re gonna get equity yeah so we\'re not just raising money to pay a preferred return 567 percent whatever the number is but we\'re also gonna give a percentage of the equity so when the fund does well you do well right kind of makes sense right instead of just giving a straight like a note right and there\'s a couple reasons we do that the the main 1 is we think and things are about to get really expensive we think inflation is going back to go run rampant and if you\'re on a fixed income that\'s for long term that might not be the best decision if you\'ve got years towards retirement already retirements probably not that big a deal but if you\'ve got a lot of years ahead of you you really want to be exposed to that equity yeah you know it\'s it\'s funny because 1 of the houses that that we\'re talking about we it was property that 1 of the bar was put on the market that we we listen to and they they look up lowering the price of the property to work like 500 and then right under 500 and so we took it off the market and then we re listed 2 months 3 months later at 525 and we\'ve had like a ton of people I go in the house now probably gonna get an offer at you know the public at 5255 Yanni range but. I did some of it is worth waiting a little bit to dump the property you know there\'s a there\'s a temporal nature meaning during the year time based kind of during the year where sometimes properties in certain neighborhoods just kind of set up Cyprus has always been one of those markets where it\'s what I like to call the breeder schedule in other words if you\'re trying to sell something and it\'s during the school year it\'s not gonna be as lucrative as if you were put on the market around the holidays November Christmas or if you were put on the market the summertime because people gotta move kids and all that other stuff so if you can match that what I call the breeder schedule whether kids are in school. You have a higher likelihood of getting a much higher offer up I mean we essentially took our hearts property off the market for a year for that reason we just there were 5 other houses like right around there and they it turned in kind of a bidding war we\'re like you know what let\'s take it off the market and see what happens and my guess is we\'re probably gonna get 150 grand more by listing it here the next couple weeks as opposed to a year ago it\'s a great house too.

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