Graham Stephan
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Appearances Over Time
Podcast Appearances
Do you want return on equity?
Do you want to return on capital investments?
Let's do return on assets first.
Return on assets.
So what would that be roughly?
12, 11 and a half, 12% probably?
And then return on equity.
Well, here's the truth, guys.
I have no money in any of my deals today.
I've refied everything out.
Where is your money?
So the money that I put in as a down payment across our portfolio has already been refied out.
So I have none of my own capital.
And I already gave you the numbers, 25 and 9.
I have none of my original capital in that number.
So it's infinite returns.
It's a very nice number.
Oh.
Government policy.
I think what Nick Shirley and others have done, but he's the most recent, have shown fraud, waste, and abuse is everywhere.