TheTradingLab

Gov W2 • HODLer • 14 STRs Managed • House Hack the Primary • Costco for Fun • Coffee Addict

[HANS LOREI @hanslorei]

Why Go Inside When You Can Have an Outdoor Room?

A thread

[Josh Montgomery @hq_storage]

@shawngorham @bryanbroker Can confirm. I used to do bid on jobs for veterans affairs. Most jobs were 1 day or less.

Wheel chair ramps
Grab bars
Hand rails

Very lucrative

[Isaac French @isaacfrench_]

I grew 100,000 followers (from scratch) on insta/fb for my cabin resort @liveoaklake in 1 year.

This following drove ~$700k gross rev, resulting in an *extra* ~$100k NOI in 12 mo (since I cut Airbnb/Vrbo commissions out).

Here’s the play book👇

[Brian Beers @brianbeers]

Bullish take on home services:

The millions of people who locked in 3-4% mortgages won’t be moving anytime soon

Since they’ll be staying in their home for longer… they will spend money on painting, remodeling, & other home services

Thoughts?

[Chris Koerner @mhp_guy]

There's a HUGE supply & demand imbalance with RV rentals right now.

Spring is coming & RV travelers will be in full swing.

Here's exactly how to scale an RV rental biz to $30k/month net profit with basically no capital:

[Ben Tiggelaar 🟠 @bentigg]

>$100M opportunity ➡️ Emergency ONLY home services (Plumbing, HVAC, locksmiths, etc)

Hire techs who want to work nights, pay 20% over market

Price at 2x

Setup rev share w daytime providers

Existing owner could create brand on top

Dominate SEO, answer the ☎️, 30 min response

[Tyler @TylerDurden]

I remember when I thought $100,000 was a lot of money.

[Evan @StockMKTNewz]

People that locked in a 30-year fixed mortgage at 2.7% in 2021

[Matt Allen @investmattallen]

Everyone wanted Tesla at $300, Netflix at $500, Microsoft at $300, and Bitcoin at $50,000

But they don’t want Tesla at $150, Netflix at $175, Microsoft at $200, and Bitcoin at $25,000

The psychology of investing is wild

[Navalism @NavalismHQ]

"If you’re so smart, why aren’t you happy?"

@naval

[Ben Tiggelaar 🟠 @bentigg]

Using SBA debt to buy a small biz? A simple valuation & structuring strategy:

1. EBITDA minus capex
2. Multiply by 3.5 for a good biz or 4 for a great biz to get the purchase price
3. 80% SBA debt / 10% seller note / 10% equity
4. Req working capital as part of offer

That's it

[Isaac French @isaacfrench_]

The numbers are in.

My property brought in $653,800 in direct bookings alone (not counting Airbnb) and it hasn’t even been a year! This equals ~$100,000 more profit that would’ve gone to OTA commissions

Direct bookings are amazing, and here’s how I did it (so you can, too!)

[Rob Lennon 🗯 | AI Whisperer @thatroblennon]

Everyone’s using ChatGPT.

But almost everyone's STUCK in beginner mode.

10 techniques to get massively ahead with AI:

(cut-and-paste these prompts👇)

[Dickie Bush @dickiebush]

Looking to start writing next year?

Don’t wake up and stare at a blank page.

Instead, use these 23 templates to kickstart 2023 (by writing & publishing every day):

[TheTradingLab @HodlSphere]

@Codie_Sanchez Flood insurance

[David | Filled With Money @FilledWithMoney]

The goal is to earn more money while working less.

[Dickie Bush @dickiebush]

22 questions to reflect on 2022 (and make 2023 your best year yet):

[PlanB @100trillionUSD]

#bitcoin halving in t-minus 15

[Navalism @NavalismHQ]

"You’re going to die one day, and none of this is going to matter. So enjoy yourself. Do something positive. Project some love. Make someone happy. Laugh a little bit. Appreciate the moment. And do your work."

@naval

[Kieran Drew @ItsKieranDrew]

THE most powerful journaling exercise:

Your end of year review.

But most people don’t know how to do one effectively.

Here’s a step-by-step guide for how to reflect on 2022:

(so you can hit your goals in 2023)