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The Ascentic

38 members • Free

42 contributions to The Ascentic
WTF is wrong with America?!?
This looks fucking disgusting. I bet DeBoth eats this shit.
WTF is wrong with America?!?
0 likes • May 28
@Alexander Felice I thought you were a "my body is a temple" kind of guy...
0 likes • Jun 9
@Clint Warren I'd eat this. Ice cream with fun flavors? yes please. Bacon with fun flavors? No. Bacon is its OWN fun flavor.
Alex Felice needs your help!
Our dear leader Alex needs your help. He needs more friends in Austin, TX. I've introduced him to everyone I know in Austin, and now it's your turn. Who do you know in Austin? Contact them, ask them if you can introduce them to an amazing, rockstar of a person, then pull the old bait-and-switch and introduce them to Alex.
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I went under contract for a house today
6 weeks ago I felt settled in Austin and I wanted to start making money here. I haven't bought a rental in a few years because I was bouncing around locations (Charlotte, then Maui, now Austin) and the market didn't seem very favorable. I started going to real estate events and talking to local investors with the goal of finding someone who invests like I want to invest - underpriced, bullet proof, single family rentals Found a guy who is doing it, met a few wholesalers, talked with a bunch of private lenders, started underwriting deals. Today I signed a contractor for one 197k purchase ~30k rehab 320k ARV 2500 rent should be able to refi out 100%, pay my investor, and cash flow neutral. If I had borrowed 100% (which I could have) then I might have been able to do this with no money out of pocket. Property is in Austin zip code We shall see how the real numbers shake out, but it feels good to be buying assets again
2 likes • May 28
What kind of rehab are you doing for $30k?
Millie was born today!!!
Happy Birthday @Millie Pendola! I hope your day is awesome!!!
1031 intermediary recommendation
Hey all - I am under LOI to buy another accounting firm (in Colorado @Mindy Jensen ) , and I'm also looking to acquire their office suite. One of my properties is currently vacant and I'd like to do a 1031on that property into this office suite and need a recommendation on a 1031 intermediary to help me with that process. Appreciate any of your suggestions!
1 like • May 26
Dave Foster, I've never done a 1031 but I have friends who have and they've all used him and they all think he's the best. Plus he's just a genuinely nice human.
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Mindy Jensen
4
44points to level up
@mindy-jensen-9361
I'm Mindy!

Active 108d ago
Joined Apr 1, 2025
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