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- Issue #11 - New deal for accredited investors only
Issue #11 - New deal for accredited investors only
Traction - Learning from a $40 billion dollars fund manager - Blue Print notices
Hello Cashflow Hackers,
Welcome to the new members! 🤗
I’m back after 2 weeks on the road, juggle things and not writing. 🫢
Build in Public:
Maybe you’re tired of me choosing the deals to go into. One day I said I do this deal, next that I said no, maybe another one, and then not even that one.
Well I’m tired of that too.
So here’s a real deal that I’m going into:
It’s a 506(c) offering so just for accredited investors only. This is a proven-business plan since our partners already closed on the property and achieved the rent projected. 🚀
This is a 224 unit apartments but we bought at the price of a 206 unit because there were 18 units not in operation due to a fire and they were getting rebuilt by insurance cover. 🔥
That’s why the price we bought was just 71K per unit. When we took over, we have brand new 18 units and they now rented out for $1350 each.
Please check out The Milo Drive for more details on the deal.
Or you can see summary in this picture:
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b0f331a4-5ae8-4a49-a5db-4dcce1025507/The_Milo_Fund.png?t=1716391331)
I’m trying to grow my fund business by choosing my avatar clearer.
My avatar now is Vietnamese business owners and high income individuals so I’m trying to expand my network with more Vietnamese American business owners and tech executives. 🙌🏼 👩🏻💻
So if you know someone who would fit into my avatar, please introduce them to me! I would be so grateful!! 🫰🏼
Book Corner:
I really loved the new book Useful not True from Derek Sivers. It’s an easy and fun listen and meaningful like many of his books.
Strongly recommend any of his book, especially the audio version of “Your music and people” 😍
Earlier this year, after attending Business Mastery, I feel like I can take on more responsibilities and grow my business bigger than the past 9 years. There are blueprint on how to do that, through building system with people. That’s what was taught in Traction.
I listened to the audio book and then realize I need the physical book and need to study it. 🤓
So now before I start working in the morning, I try to read again and summarize and draw things I learn from Traction onto my notebook.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4423e9fc-654e-4fe6-9774-0b99518930c7/Screenshot_2024-05-22_at_11.03.17_AM.png?t=1716398688)
Experimenting:
I’m flying to Colombia this weekend to experience a transformational retreat putting together by Paul Hutchinson.
The retreat will be more of a soul searching - heart opening rather than business tactics. We will be using local mushroom tea with guided meditation and breath work and mirror work. 😇
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ec0bc4b5-7fe9-4b66-8add-195598916e63/Screenshot_2024-05-22_at_12.50.15_PM.png?t=1716400234)
Medellin - Colombia
Paul was a fund manager who put together an alternative fund - Bridge Investment Group and grew it into $40 billions of dollars under his management and then retire to do charity work full time. His fund is still around, now having $48 billion under management with 2,200 employees. ⬆️
He said: “I truly believe that the success we experienced in our business pursuits were directly tied to the decision (in my early 20s) to donate at least 20% of my money and 20% of my time to charity and making a difference.” ❤️
I first met Paul in Houston last year and then recently in Dallas. His wife and he inspired me to do more and give more to others. They now run:
Update on using Blue Print:
I’m done with 1 month using Blue Print stacks. A few notices:
It’s hard to remember to eat a spoon of olive oil before every meal, hard to bring to office. Maybe packing the olive oil in pouch or something easy on-the-go would be better. 🤓
I love their protein - nutty pudding, easier to eat than drinking protein shake.
The ginger and garlic pills are strong, better take them after lunch like instructions. 🔥
Thank you for reading and if you know someone who could be benefit from this newsletter, please forward it to them!
Cheers,
Sophie Nguyen
Disclaimer: I am not a CPA, attorney, or insurance advisor. Nothing contained within this website, emails, videos, or other content from me constitutes financial, investment, tax, legal, insurance, or other advice, nor should anything contained within this website, emails, videos, or other content from me be relied upon for making an investment or other decision. You should consider obtaining relevant and specific professional advice before making any investment or other decision. If you need such advice, please contact a qualified CPA, attorney, insurance agent, or financial advisor. Linked items may create a financial benefit for Sophie Nguyen.