FourPlex Guy Carlos Gonzalez
@dig_deeper1
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Focused on acquiring and building small multifamily 2-4 units. Currently own 28 doors and a church. Small Multifamily Consultant, got a❓let’s book a zoomcall 💻
Joined May 2015
This is how I remodel my Fourplex units. All of them with some variance in flooring. Bathroom is all the same. I chose the bathroom flooring and the tiles along with the doors. I love it. This is a 3 bedroom 1 bath .750 sq ft .$2500 . South phoenix AZ
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80% of these people are your tradesmen . General Contractors.Air conditioning business owners .All the subcontractors .Plumbers .Electricians .Handymen .Framers.Roofers .Concrete .Grading and drainage .Engineers . and the young generation don’t want to get in to them because it’s
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I met an asylum seeker here in AZ. She’s Venezuelan and almost passed out when she told me the benefits she’s getting from the government . 100% paid rent in a 2 bedroom apartment in a complex with gym and a pool and jacuzzi. She gets a brand new car that the government pays.
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I know a plumbing company who offered a subscription to his clients. $45 per month and it comes with a priority scheduling, one yearly free maintenance and 10% off all services. A lot of people subscribed for $45 per month. He just hit $700K revenue from his subscriptions.
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Walgreens is closing 1,200 stores. Rite-Aid is in bankruptcy. CVS is axing 3,000 more employees. 7-11 also closing a lot of stores. Any ideas what are the new businesses coming to replace them ?.
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One landlord I know includes in the rental agreement that if they pay 11 months on time and not a single day late the 12th month is rent free. Reward your best renters.
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For those of you who make $500,000 a year, what do you do for a living ?.
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Airbnbs are bleeding money by a lot. Credit crunch .Less disposable income .Credit cards are maxed out .Steaks 🥩 $20 a piece .People are broke .Car payments $850 average .Groceries $250 per trip .House mortgage $2800 per month . And airbnb owners are asking what’s going on ?
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Landlord special. 7 layers of shingles on the roof.
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Tenant is a painter and said that he needs to move out, leaving to a different state. Not even gave me 30 days but gave me this 👇. He said he will paint 🎨 the kitchen cabinets and the 3 bathroom cabinets. He asked me what color I wanted I said white. He paid for deep cleaning
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Latino here. We respect people swimming in the rivers to cross to the US and walking in the desert for 10 days risking their lives to come to the US to make a better lives. We like the risk for the reward of a better life. I respect those people. Other people in their.
45% from Latinos while running on a massive mass deportation campaign. I just don't get it man.
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Guy I know who hated his job amassed over a $1MM in his 401k . He didn’t ask anyone what should he have done, what options were for him, etc. He quit his miserable job, cashed out his 401K, paid his income taxes and penalties. He put his remaining capital to work into some.
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Obviously there is a misunderstanding or confusion from my part. What I meant that the majority of these people start working as tradesmen from the bottom!! .Then they go independent and start a young business with few clients . Then they get more clients then they hire more.
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A lot of my male friends are turning 40s, they’re successful in their business and now are having kids with 23-26 year old women. You can have it both ways. You can focus on your business until you’re 40 years old, get rich and wealthy and start having kids with younger.
All these people waiting to have kids until 40+ is a national disaster. Be a man. Commit to somebody. Build a family. Get your shit together. You’re being brainwashed into thinking your career is #1 and the world is a bad place. Wake up before you grow old and die with regret!.
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Being a hard money lender is more profitable than a landlord. Can’t lose.
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I just met a guy who works for intel, he’s an electrician and mechanical engineer. He says he does some jobs on the side like any electrical jobs, replacing switches, garbage disposals, replacing electric/gas water heaters, and also deals with ACs. I got in contact with him.
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I think landlords don’t talk about this but it happens specially when you are a private male landlord. Female tenants offer sex in exchange for you not to charge them rent . It has happened to me three times and they are very direct on it. I told them that I don’t think the.
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Some Airbnb investors are experiencing loses on their investments and now they want to bring partners to their investments that way they don’t have to sell or so they aren’t the ones losing all their money but their partners as well. The benefit to the investor that they bring in
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Most rich couples have their bank accounts separate . Most people who aren’t rich have bank accounts together . Let that sink in.
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Just met a general contractor who builds duplexes out of his own cash, no debt and no investors, and rents them for the cashflow. He doesn’t sell any duplexes just rent them out. He says he will stop building properties for investors in two years and will focus building.
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I know of one person that wanted to buy a house for around $280K 8 years ago but her parents told her to finish college first, get a degree with good GPA so she could get a job at a great company then she could buy a house. She really wanted the house she said, it was a big.
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So I just had a call with a friend of mine .He bought a piece of land for $100K like a year ago. It took him 8 months to get approvals to build 5 fourplexes. It’s zone ready, blueprints done. He’s getting quotes from two builders. Now he has a dilemma:. He could sell the.
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@FluentInFinance No matter how you see it. They’ll get you one way or another you can’t scape it.
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One of my handymen went to the hospital because he felt ill and was there for two days, doctors couldn’t find anything wrong with him. The doctors didn’t even give him pills for the pain. His bill he has to pay out of pocket is $20,000 . Majority of his saving down the drain.
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So I paid off my credit card 💳 and my credit score went down 30 points . What gives…. .
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So I have around $46,000 on security deposits from renters. I require security deposits even from great credit score renters. What should I do with it . Where should I invest it on ?.
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The guys asking for jobs outside the Home Depot deserve to get paid $300 per day. If you’re not paying them $300 per day you’re abusive and you’re exploiting the people that can’t defend themselves. I’m not talking $300 per hour like some of the trade jobs here earn. Why do.
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What’s the second language that should be taught mandatory in United States?. I think it should be Spanish.
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I house hacked this Fourplex after I had house hacked another Fourplex two years before it. I bought this one in 2018 FHA for $260K .It was listed for $270K .I offered $280K site unseen because I wanted to lock it then I knew I could negotiate a lower price once I was under
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I’ll leave this here. It’s hard to pay rent nowadays.
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A house with a price tag of $600K 3 beds 2 baths in Scottsdale AZ rents for $3000-$3500 per month . A Fourplex in south side of Phoenix AZ with a price tag of $600k rents for $7100 per month.
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I just became father for the first time in my life and I couldn’t be happier and feel so blessed. The baby boy 👶🏻was born today at 12:42pm weighing 7.15 lb. The wife and the baby are doing great!!. I couldn’t wait to become a father and I am so looking forwards to the next.
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This is a Fourplex 🏠🏠🏠🏠in the south side of phoenix. It’s mine. A lot of investors see this property with bars on the window and they say “it’s a hard pass for me, I wouldn’t buy a property with bar windows, it’s a red flag” “glad you bought it though”. I actually thank
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I met a landlord from Chicago Illinois, he owns and manages a 6 plex rental. He bought it after he retired from working at a W2 for over 30 years. He didn’t want to be retired 100% so he got himself a project, a 6plex rental 🏘️🏘️. He’s been managing it for over 3 years and he’s.
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I’ve met a landlord who got tired of painting the restrooms with the regular paint. The paint would come off and would peel off after several months because of the constant splash of water that the tenants do during showers. His solution to this surprised me and my mind
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A developer from Austin TX is offering me to buy his houses they just built. 8 of them. They have been sitting on the market for a while. The developer just wants out so they can pay the creditors. The property prices of Austin continue to spiral downwards. I wish I can.
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My CPA just increased her service fee again by 30%. Last year she increased her fee by 60% . Must be nice.
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@ColoradoSparky That’s the thing. The new generation has a tik tok brain. 🧠 .Not focus at all.
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@TheRabbitHole84 We men are finding out that college isn’t for everyone. We were sold the idea that college will make your dreams come true. 100 false. College is only an option of many many more options out there.
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My handyman is about to sell his manufactured home for $130K. He bought it for $20K a couple of years ago and now he just finished fixing it. He’s going to get into the flipping of manufactured homes. The guy is fearless and I applaud him.
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Section 8 inspection happened yesterday instead of today and the property unit passed with flying colors. The inspector loved the bathrooms and he was surprised that both bathrooms were updated with the same design. Usually one is best and the other second best. He said that
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Why am I voting for former President Trump?. I am Mexican citizen as well as I am an American citizen. I have lived longer in the US than Mexico now. I lived in Mexico for 16 years and all those years the party who controlled and ran Mexico was the PRI. For more than seven.
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Every time you sell and buy a house you lose around $45,000 to fees.
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Out of 14 units that I own and manage (excluding my home) here in AZ the gross income is $23,225 and I have a NOI of $13,000 per month. My work is less than 1 hour per week. Sometimes I can’t believe how easy this is.
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If you go to Costco to buy a new AC unit please don’t go . Paying $24K for an air conditioning system is just a robbery plain and simple. People who go to Costco and get this kind of services through them don’t really have a clue that you can get the same quality options
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Replaced one package 3 AC heat pump unit recently because this AZ heat 🔥 doesn’t forgive. I called 3 companies to get quotes to buy the units from them and do the install . 1. $7900 10 year warranty 2 year labor warranty . 2. $8950 10 year warranty 2 year labor warranty. 3.
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Putting my rental properties in an LLC cost me around $5000 annually or more in profits per property l… . Why?. Interest rates in LLCs are around 1.5%-2% higher than if you would put them in your name and credit assuming you have a great credit score….
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A landlord I know was contacted by a roofing company who only deals with insurance directly and was selling the idea that they can get the landlord’s insurance to pay for a new roof because of “wind and storm damage” that the property had sustained. The landlord agree to it.
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Airbnb AC is locked at 80 degrees F.The guest is staying in Jacksonville Florida. Host won't give them the pin for the thermostat. I think that’s a win for the airbnb host/owner. Guest and tenants alike will set the thermostats to 67 degrees F . The more I think about this the
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@unusual_whales The moment people start to use their HELOCs to fund their everyday spending that’s when you know trouble is coming.
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My friend who has lost $200K in the stock market just sold his $NVDA position. He had just bought it when it reached $950 after he saw the stock go up like 100% in 3 months…. And that’s how you keep losing money folks in the stock market… . That’s why I like investing more in.
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I just got an email from a prospective renter that says she has a section 8 voucher for a 4 bedroom for $3800 a month or a 3 bedroom for $2,800 monthly. The bad news is that all my units are rented.
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@hubermanlab I go to them gym early in the mornings, I take my phone to the gym for the sole purpose of listening to podcasts or motivational episodes. It sets my brain 🧠 beautifully for the day.
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Tenant says:.My dryer doesn’t dry my clothes. You need to replace it for a new one or repair it. Landlord:.The cost of repair is $300 .Might as well buy a new one. $700 .Landlord buys a new one . New dryer installed. Tenant says: .Thank you for the new dryer but it ain’t
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The property taxes on this property in El Paso TX are just absurd. The property is around $480K.The taxes alone are $920 per month. Insane.
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@sweatystartup Funny you mention that, I had a German girlfriend back in high school that could barely speak a word of English just like me, love has no barriers right. She decided to dump me for the basketball player in the varsity team high school. Now they’re married and the guy went on.
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@DailyLoud I haven’t seen him in any movies for a while 🍿 I guess those allegations took him off the map.
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Walmart is at it again, this time going after the brands which make the pancake and waffle mix and syrup of course. Walmart has put a lot of small business out of businesses by doing what you’re seeing here. Walmart at first will give you premium space for your product so it
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If Donald Trump wins . I’ll send $100 to anyone who interact here or I can donate it to the charity of your choice. If Harris wins you get zero 0️⃣ . Venmo .Zelle .Apple Pay .No cash app here.
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Airbnb is getting out of hand. Airbnb host asking guests to pretty much do the same thing as the cleaning crew does. Guests should be getting paid at this point
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Recently I was at the airport and the majority wasn’t wearing Nike . 5-10 years ago most people were wearing Nike. Not anymore. Nike is a dying brand.
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I know someone who cashed out all his 401K. He had around $600K and used it all to buy lots of land to develop houses. He didn’t pay taxes when he cashed all of his 401K. What’s the IRS going to do to him for not paying his taxes?.
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People are selling their new cars already. Problems keeping up with the payments probably. Guy selling it in Facebook marketplace out of Scottsdale in case you all want to buy it to help him out.
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I still have my 3 bed 1 bath fourplex unit rented for $2500 and I thought my rent was high then I see this add in Facebook marketplace . Crazy that some rents in Phoenix are still high . And I’m not surprised if people rent it at that price.
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Zillow thinks one of my fourplexes in Phoenix is worth around $600K. A few months ago another Fourplex in the same street sold for $750K same floor plan than mine. Fourplex that sold was renovated like mine…. I get phone calls from wholesalers and cash buyers offering me to
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@Morbidful I sold my bike after I rode it as fast as I could, it was a Suzuki 750 gsxr 2000. Max speed I did was 165mph. I knew if I didn’t sell that beast I was going to die on it. I was reading articles of bikers dying every week. I’m like, I’m out.
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I live in a rough, unsafe and high crime area according to my car insurance company. My current premium for my Toyota tundra is $150 per month, full coverage. I asked the insurance representative to change the zip code to a safer area so I could know how much lower my.
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I just went to all my rentals today and place Jesus Candles on all the AC units. 117 degrees Phoenix. 🔥
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@LPinFinance I would buy a duplex-Fourplex instead of a house. No brainer. Buying a house just doesn’t make sense. Buying a house during these economic conditions is a luxury. Rent a house and buy a duplex.
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I know of a landlord in Florida who had his rental property vacant and one squatter moved in without a lease and he called the cops and they didn’t help the landlord. The landlord then waited for the squatter to go work, broke in the same way she did, changed the locks.
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@maxfisherRE Credit crunch, no more disposable income to spend on stuff. People are broke. The fed wants this and they’re succeeding at it really well.
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@DailyLoud CA will vote to ban all cigarettes. CA always gets away with everything they propose.
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People install this tile or vinyl, the cheapest ones, and ask for $2500 in rents or $600K in a renovated homes….
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I found a good section 8 tenant that likes this duplex apartment of 3 bed 2 bath plus car garage and big patio on the back. Tenant wants it and the section 8 voucher is for $2500. Duplex located in phoenix. Tenant already put in the call so the inspection takes place. Will
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Average house by state . This is true for AZ and TX not sure about the other states. Can you all confirm . Yikes . Unsurprisingly CA is unreal 🤣 insane
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@thedatingboss Wow, I can count the number of times with one hand the times I have used cologne. You stand out by talking with good points. You dont need cologne, save that money and buy a book to know how to speak and stand out from the crowd.
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I got laid off Feb 28 2023. I had been working with the company for about 9.5 years. In 2021 the company started laying off employees and they sent surveys of interests for those employees who wanted out. The company gave severance package based on tenure. Since 2021 I have been.
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My primary residency . HOA fee went up again this year .Property taxes went up again for this year .Hazardous insurance went up again. When does it stop?.
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I met a millionaire a few days ago, probably worth around $17MM maybe more, we were talking about commercial real estate. During the conversation it surfaced that he had a stroke at the age of 62 years old so about 6 months ago. For the last 7 years he was the president of this.
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I was speaking to a multimillionaire friend of mine who has been an investor for a long time. He invest in the stock market, invest in real estate, and invest on energy and commodities. He’s done really well for himself and for his investors. Right now the guy is not buying.
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Doesn’t matter if you’re making $100K annually or $200K as a couple annually, if you’re going out to eat twice per day 7 days a week you won’t have money saved up. Going out to eat everyday is killing your bank account.
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We closed and signed on the brand new Duplex today. Funding tomorrow . It’s a small duplex a bit more than 1000 sq ft on each unit with 3 beds and 2 baths plus backyard. These are the financial numbers for those lenders lol and other people who don’t believe that I got the
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@OutragedTech You think I have it easy?.Then you don’t know nothing about being landlording . Providing shelter is work, believe it or not.
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My insurance for my investment duplex rental property cost $54 per month and it’s insured for $450,000 . My insurance for my work truck cost $90 per month and it’s insured for $25,000. I find that to be interesting.
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