jchek779 Profile Banner
Jay Chekansky Profile
Jay Chekansky

@jchek779

Followers
197
Following
61
Statuses
403

Putting investment dollars to work in cash flowing affordable housing and Self Storage. 9+ years investing in SFRs and small commercial - Mech Engineer, MTB, ⛳

Orange Co, CA - Kannapolis, NC
Joined December 2022
Don't wanna be here? Send us removal request.
@jchek779
Jay Chekansky
12 hours
@ThinkAppraiser Rental cash flow is capex you haven't paid yet. Promissory notes created with arbitrage create infinite returns.
0
0
1
@jchek779
Jay Chekansky
3 days
@HealthcareREguy I told a guy that I'd be following up every month until I buy his portfolio or he calls the cops on me. I think we became friends at that point.
0
0
2
@jchek779
Jay Chekansky
3 days
@roberthendricks @elonmusk People are learning the hard truth that their "thoughts" of the last 9 years weren't organic but were crafted by focus groups to manipulate. They sabotaged family, friends, relationships to be "right" - it's all being exposed. Most aren't equipped for the dissonance
0
0
0
@jchek779
Jay Chekansky
4 days
@AvivaRealEstate I traded 1/2 of my working hours to keep my little boy at home. I don't want to miss a moment of experiencing his growth and development in those early years. Turns out, it made me more efficient and I'm making more $. I'm also fucking exhausted...but worth it.
2
0
16
@jchek779
Jay Chekansky
6 days
@colinushkowitz One of my early flips went like this. Now it's one of my best rentals. I've cashed out 3x my flip profit in refi's
1
0
1
@jchek779
Jay Chekansky
7 days
@SullyBusiness This is the risk you run as an employee. You're at the mercy of someone else, good or bad. I walked away from a lucrative job in 2014 because I saw how poorly the company was being run. If you want job security, start your own business.
0
0
1
@jchek779
Jay Chekansky
7 days
@TripleNetTyler Autobiography of William Zeckendorf
0
0
2
@jchek779
Jay Chekansky
8 days
@SMB_Attorney I live in PST but work in EST. The anxiety of constantly feeling 3 hours behind gets me going at 4am every day
0
0
3
@jchek779
Jay Chekansky
8 days
@phknlwyr @heIpfullandlord It's a joke. Lawyers are the gatekeepers to fun and progress.
1
0
2
@jchek779
Jay Chekansky
8 days
@seanpatward I've been putting off hiring a real EA for 4 years because I don't want to spend the time figuring out how to hire, delegate, assign, etc..... Another great post Sean - I'm going to get serious about this
0
0
1
@jchek779
Jay Chekansky
8 days
@heIpfullandlord @JBLambert76 How about asking - "Which bedroom can I use for storage? Since you're not paying rent, I can't afford my storage unit. I'm going to use this back bedroom so we can both save money"
0
0
2
@jchek779
Jay Chekansky
8 days
@YOCspread It's been 10 years since I read the book and I'm still grinding. WTF
0
0
3
@jchek779
Jay Chekansky
10 days
@KevinDoyleRE Worrying about assignment fees is scarcity thinking. You have the ability to spend on marketing and create your own deals. He also has the ability to exclusively bring you the next one he goes UC because you closed hassle free.
1
0
4
@jchek779
Jay Chekansky
15 days
@zacho_16 @oakley Leaded race gas
0
0
3
@jchek779
Jay Chekansky
15 days
@Reiwholesaler Find out his right price. Give him the full price, but on your terms. ex. Fully amortized with principal only payments. I once gave his price and overpaid for a house by $70k, sold it for $45k less than the "purchase price" and still made $88k
1
0
3
@jchek779
Jay Chekansky
17 days
@ChrisRamsey60 I bought my first house flip because I was "comfortable with being able to do all the work. " I Ran some rough numbers and expected to make a profit. It worked out. Got smarter on the second one and just kept going.
0
0
1
@jchek779
Jay Chekansky
21 days
@JimKittridge I like the last point the most
1
0
1
@jchek779
Jay Chekansky
21 days
@Reiwholesaler I'm following up until they sign a contract or call the cops on me
2
0
4