These days, working a W-2 job gets a bad rap — like if you’re not running your own business in your 20s, you’re already behind. But the truth is, there’s nothing wrong with taking time to build your foundation first.
A steady job gives you structure, a consistent income stream, and a safety net — all while you learn, grow, and prepare to take bigger risks down the line.
You don’t have to rush into entrepreneurship. It’s not about starting early — it’s about starting when you’re ready. Financial freedom doesn’t have an age limit. Take your time. You’ll get there.
My wife somehow made this 1970's mess of a property seem inviting and cool
-->Moved a staircase
-->Built a planter
-->New railings
-->Deckover paint on concrete
This is one of my favorite Before/After transformations of a courtyard that we've had
The vibe contributed to the return (we sold in 2017)
▫️34-units, 24k sf, 40k sf lot
▫️1974 Bldg w pitched roof and individual HVAC
▫️Purchased Dec-16 $2.3mm
▫️Renovated all exterior & interiors for $1.25mm
▫️Stabilized NOI to $330,000
▫️Sold $5.2mm @ ~6% cap Jan-18
@unusual_whales Property values are up despite it being a buyer's market + HOA reassessments have tanked prospects of buying even older properties due to the fact that HOA account for 60% of what the monthly mortgage is.
@Hedgeye Even so, Shadow Mortgages like in FL will continue to tank purchasing power on homes, making even affordable looking properties out of reach.
Makes no sense if you plug in the numbers to own the home monthly.
Florida real estate is broken. HOA fees now run 60%+ of your mortgage payment. Add property taxes, flood insurance, and HO6 (thanks to the shadow mortgage mess) and purchasing power is gone. Sellers are going to have to capitulate, the math doesn't work anymore
Met with a financial advisor today
My wife set it up
She wants "a professional opinion" on our retirement
Nice office
Glass desk
Diploma on the wall from a school I've never heard of
The advisor was 23
Maybe 24
He had a pullover vest and a rehearsed handshake
He handed me a pitch book
It had someone else's name on it
I chose not to mention that
He said "based on your risk profile I'd recommend a 60/40 portfolio"
I said "what's the fee?"
He said "1% annually"
I ran the compound drag over 25 years in my head
Said the number out loud
Then I said it again slower
His smile went away
I said "what's the tax strategy?"
He said "we review that annually"
I said "what's the Roth conversion ladder? The asset location framework? The blended expense ratio on the underlying funds? Why wouldn't I just buy VOO for free and do this from my phone?"
He opened his mouth
Closed it
Excused himself
Came back with his boss
Same vest
Bigger watch
The boss said "I hear you have some concerns"
I said "not concerns. Questions. Your 23-year-old couldn't answer them. That's my concern."
My wife kicked me under the table
I kept going
The boss said "the value is in the relationship"
I said "that's what my therapist says too. She charges $250 an hour. You're charging more and doing less."
The boss looked at my wife
My wife looked at the ceiling
I've now been to a therapist, a realtor, a car dealership, and a financial advisor this month
My wife has walked out of every single one
I asked her in the car what she thinks the common denominator is
She said "you"
I said "interesting. Not sure how to model that."
Plz fix. Thx.
Sent from my iPhone
so let me get this straight...
we thought it was a good idea to dres speople up in plastic clothes head to toe...
then tell them to do intense workouts where their clothes heat up, their pores open up and the clothes shed their microplastics and PFAS into the bloodstream?
@maniaUFO The ionized
Air then forms a conductive sheathe just off of the surface which absorbs all or most of the radiation. Once air is ionized, it can be moved by electromagnetic forces such as the Lorenz force or via an ionic wind effect.
@maniaUFO Ionize the air molecules around an object by using High Frequency Pulse Discharge. This is where an alternating current at radio to microwave frequency or higher produces electromagnetic radiation in fields that ionizes air or other gases very efficiently.
@GovOversite@DeanTTraining You're saying abandon the typical dumbbell press and do the way Cbum did? Is it better than doing the traditional chest press as seen in the image below?