@devonwitherfork@503Blazerfans I’m with you witherfork, the trade gave us defense and better ball movement while we already have jg and love that can shoot. the trade was great… other trades not so much but he’s on a hot streak
I feel like $5mil is still “the number” for anyone. If you think it’s higher, I’m sorry for you.
Put $100K in a checking account.
Put $900K in a money market account or a 4-5% bond ETF.
Put $2mil in the S&P500 Equal Weight ETF.
Buy a nice piece of property for $1mil and then spend the remaining $1mil to build a custom home. GC the project yourself, get it appraised for $2.5mil then mortgage the entire property for $2mil leaving $500K in equity.
Put that unlocked $2mil in the S&P500 or maybe QQQ ETF.
You have the dream property.
You have cash in the bank.
You have an average expected $300-400K passive income year one after paying the mortgage.
You can mess around with business ideas, have hobbies, enjoy family, travel, and delete your LinkedIn.
Did the math.
If you want to watch every college and NFL game live this year without cable, here’s the cheapest setup:
• ESPN + Fox bundle – $39.99/mo
• Paramount+ Premium – $12.99/mo
• Peacock – $10.99/mo
• Amazon Prime – $14.99/mo
• NFL Sunday Ticket (YouTube) – $276–$480 for the season
• Netflix – $7.99 (December only for the Christmas Day games)
All in, it’s about $680–$880 for the whole season.
Drop Sunday Ticket and you’re under $400, but you’ll only see your in-market NFL games.
It’s not cheap, but this combo literally gets you every snap… Saturdays, Sundays, playoffs, all of it.
You’re welcome!
1) Go to VRBO / Airbnb
2) Find a rental you like.
3) Identify the property manager firm in listing
4) Google firm name
5) Book property on their website
6) Save $400
Every. Single. Time.
"Great investors will not make your business. Terrible investors will definitely ruin it" - @CGarrett_15
"This is why the best companies want to control their cap table."
I'm only going to tell you this once than I expect you never to make this mistake again:
It's "accountS receivable" ... NOT "account receivableS"
Carry on...
Trump's tariffs are the most expensive and masochistic the US has pursued in decades.
A very crude estimate of Trump's tariffs puts the projected loss at $20 trillion dollars, or well over $200,000 per family of four.
Here is the basis for the calculation:
I can’t imagine the amount of fraud and favoritism that goes on within HOA’s throughout America.
Who exactly chose which vendor gets that $250k roof job? Was there a kickback? Was anyone paying attention?
That resident in 12A sure got their remodel approved fast. It usually takes much longer. Why is board member B so much in favor of expediting? Is it because their kids are good friends?
18A is clearly using their unit as an airbnb. It’s against building rules, but resident complaints never get anywhere. How come?
The new board just signed a new landscape contract, and the owner of the company seems to have the same last name as the HOA president’s wife. Interesting.
It’s crazy to me that random people with zero real estate experience and no checks and balances are put in positions to make decisions on assets worth many millions of dollars.
Another reason HOA is the biggest joke in the real estate world.
Andrew Cherng immigrated to America at 18.
He opened the first Panda Express at 35.
Now 76, he and his wife Peggy own over 2,300 locations.
Yes, he still picks up trash and cleans tables when he visits stores.
Among the best operators in retail!
Reposting my current favorite 6-plex floorplan:
1230sf, 3BR+Office/2BA
And at 54' wide ... means it can fit on a 6000sf single family lot or a mixed-use area with ground floor retail
Without Airbnb hotels would be even more expensive, I use both just depending on the trip I’m taking and where.
I can also say that both sides are stepping up their experience every year.
My $ABNB bear case is that 99% of Airbnb customers have already had the best Airbnb experience they will ever have, and each subsequent one will be a disappointment until they eventually switch back to a hotel.
Because of AI, lots of funds that have been raising capital for decades to invest in office are shifting to data centers - and raising a TON of money.
As more capital's directed to data centers, less is available for other asset classes.
AI is shifting the flow of capital within the entire global real estate landscape.