@dvassallo This is the most level headed and reasonable response I’ve seen on the issue. Thank you for your common sense.
FWIW I hate the tax and also think Seattle is no longer business friendly.
All of our timeless business principles are thousands of years old.
“Talk is cheap.”
Comes from:
“In all toil there is profit, but mere talk tends only to poverty.”
-Proverbs 14:23
Here’s my marketing strategy in a nutshell:
You do not have to work with me.
You don’t ever have to talk to me.
But you will know who I am.
And you will be scared of me.
But you will also love me.
And you will be scared of how much you love me.
The most important business advice I’ve ever received is thousands of years old:
“Let your yes be yes, and your no be no.”
-Matthew 5:37
If you just do what you say you’re going to do, you’ll be way ahead 90% of people.
In 2011, my dad asked me to help him buy an investment property.
I had just witnessed friends and family lose homes during the housing crash.
I said no.
That condo has tripled in value.
You only call them opportunities bc they’re in the past.
Today, you call them risk.
70% of wealthy families lose their wealth by the next generation.
90% lose it the generation after that.
Within 3 gens, all of your life’s work (at less the $$$) will be gone.
I wouldn’t worry too much about creating generational wealth.
Shift your attn to work for today.
Top 5 of horrible things that happen when your home value dips:
1)
2)
3)
4)
5)
Nothing happens.
Just keep making the payment.
Quality assets fluctuate.
It’s normal.