Adam Williams

But if you can keep your expenses to about 20 percent of that, you're going to have some tax liability.

You're going to have some things.

Whatever's left over, you should be shoving into these multifamily real estate deals, these multifamily real estate syndications.

And the reason is I call it I'm going to talk about this tonight at our event.

I call it the fuel and the gas tank.

Your active income that you're going to work to earn every single day or running your business to earn every day is the fuel.

That's the gas.

This is the gas tank and you need the fuel to fill up the gas tank.

But once you get that gas tank really, really full and you're able to do this and shove that couple hundred grand, two, three, four, five hundred grand every single year, year over year over year into this gas tank and watch these things start to compound.

We're talking about syndicating and being a part of an equity owner in 150 doors, 250 doors, 350 doors at a time.

And then we we get in.

We have a very strict business model where we get in, we acquire the property.

We execute our business plan and renovate all the units, increase the rents up to market rent for the new Class A units that we've now created for the workforce housing.

And then we're selling off that deal.

That's why I say flipping apartments instead of flipping houses.

We're in and out of these as fast as we can.

Our average hold time right now is 17.7 months.

So we do not hang on to these deals.

We get in, we do the business plan, we get out, right?

Take a property we bought for 33, 34 million bucks, put about 8, 10 million into it.