I’m about to hit $100k/mo from my passive real estate investments, and let me tell you..
No amount of active income feels as good as passive income.
An analysis, to use for your own passive targets:
Crazy how much your mood improves with:
- enough sleep
- walking 30m daily
- reading good books
- dinner with great friends
- limited social media
- weight lifting
- a career you believe in
Relatively simple.
After ~$20mm net worth (ish) you exit the tax system for good…
Don’t vilify me — I’m just showing you HOW it’s done and it’s up to Biden to change the tax system (hint: he never will)
🏆 BORROW against holdings
ie $12mm in holdings growing at ~8% per year (cont’d)
Trusts own the c corps.
C corps own the LLCs.
LLCs own the assets.
Insure the c corps and the LLCs.
Separate IP from cashflow.
Voting shares in personal. All else in trusts.
There.
You are bulletproof.
Bible hits hard AF…
A few gems from my morning reading that will make you rich.
Proverbs 25:12
To humbly receive wise correction
adorns your life with beauty
and makes you a better person.
By 2030 I will have 2,500 properties and 5,000 units.
@ $250m annual rev on services side I will own $1.2B in businesses and $800M in hard assets.
In 2014 I became a copywriter so I could help my wife get clients for her salon… I had plans after that.
Someone messages me “I have $10k what’s your advice.”
My advice: make more money.
Return on capital outpaces return on labor when you have a lot of capital. But UNTIL you have a lot of capital, you have to maximize your return on LABOR.
He called me a fraud 🤷🏻♂️
Before age 40 I’ll have $60mm free cashflow generated passive annually with perpetual equity in 2B of private real estate.
I started 6 yrs ago on a $14k/yr salary.
100 retweets and I’ll whip up a thread showing you every move of the last 6 years to model 🤝
In this monster thread I’m going to teach you how to get beautiful property, essentially for “free.”
By free I mean $0 down w/carried note post-financing. If you aren’t sure what that means, read below and I’ll cover it ;)
There is utility in living a quiet life, $3-400k/year, complete control of pace.
There’s a lot you can’t do @ $50k/yr that you can do at $300k. But there isn’t that much you can do at $3m that you can’t do at $300k.
Utility decreases as you jump the levels.
Alright boys and girls time for another thread…
Spoke with an older gentlemen today about wealth creation. I’m 32 years old carrying a net worth of ~50m give or take 10% and by EOY will have an additional 8 figures in DEBT…
Yep - DEBT…
Every time you begin a new month ask yourself
(1) what should I stop doing
(2) what should I start doing
(3) what should I keep doing
Arrange your life like a chess board and tune it to perfection 💪
I’m buying $3-4m of private real estate every month.
But I didn’t start out with money and I didn’t start at this level. Starting “big” is often a bad idea. I started small and worked my way up.
Here’s how I did it - to model for your own empire:
If you can read 10 minutes without stopping you will have a competitive advantage over almost everyone else in the world.
Practice pausing and focusing on one thing for 10 minutes.
It’s a superpower.
Just signed new book deal…
I’m going to replace Rich Dad Poor Dad it’s outdated and needs an overhaul.
Now when you ask me “What book do I read to master money/wealth” I will actually have a book for you…
…Instead of 25 of them lol
Wish me luck 🙏
If you have more than 15% of your annual income liquid fiat (in a bank) and you aren’t north of $1B net worth…
You don’t understand money the way you think you do.
Fiat is DEVALUING.
You’re holding an asset that’s getting LESS valuable with time.
You basically own a boat.
The recipe for an effective professional life:
- 3 to 4 days of intense energy expenditure designed for output
- 1 to 2 days of slower pace, small bursts through the day but nothing taxing
- 1 day full mental and physical reset… sleep 9+ hours, read fiction
You’re welcome
To the timid and the fearful:
A day will come when the one thing you will wish for above anything else is the opportunity to go back and do it different.
You will crave, with every fiber of your soul, for the impossible chance to go back & to change things.
If I could do it all over again…
I would be way richer had I skipped college and just gotten a curated list of Twitter users to follow and read daily.
This platform is wild.
Gold everywhere.
Getting into business used to be easy…
Create a product decent enough people buy and set up the stack to collect money and deliver.
The internet created a collective conscious and social has integrated it. Longevity is now you’re
#1
goal, here’s how to do it:
I talked last week to someone who has a cartoon as a profile picture, uses twitter to crack jokes every 3 hours, and has 25x my net worth…
You just never know.
I’ve learned more on Twitter since I got on here (end of May) than the previous 24 months combined.
Twitter is not the secret.
How you USE Twitter is the secret.
I started a new brand for fun, October 20, and did $260k in 3weeks…
It got me thinking… what if I did a Merry Christmas blitz- 7 days + 7 threads covering all aspects of my businesses, acquisitions, cap allocation, investments & team.
Would be monster educational value.
I want to be the guy you read daily when you feel like quitting.
With enough repetition & exposure I will convince you that you can do anything, that nobody can stop you — and you were born to make a difference.
Keep pushing and when it’s all said and done it’ll be worth it 💪
Putin is 100,000 times smarter than the US media has led you to believe.
He single handedly took over and erased the oligarchs from power, almost by himself.
From KGB agent to immortal leader of Russia lol. And for 4 years he stayed put like a dog on a leash for Trump.
When I got my first side hustle working, I did the unthinkable.
I stayed at my job 😱
Two incomes is better than one. Use one as steady dollars and the other to experiment / learn with.
Quitting is overrated ✌️
Real estate investors like to say “rent the home you live in and own the homes you rent to other ppl.”
But what if you could own a beautiful home, for free, AND cashflow it without having to “rent” it out?
HERE’S HOW:
A friend the other day asked me how much cash I have in accounts..
CASH = dollars in bank account.
He was surprised at the answer, because I try to LIMIT my cash in bank account. My thresholds are “maximums” not “minimums.”
Here is why:
Cash is unproductive.
2012 I made $18.4K and spent money on food & movies.
2014 I made $18.4K and started spending money on books and mentors.
2021 I haven’t made less than $100k/day in I can’t remember how long and I just want to learn as much as I can from the people ahead of me.
Happens FAST.
This car will cost me ~$2,000 when all is said and done. My last one MADE me $10k.
I buy & sell as assets not as toys. Even when you have the money, preservation of capital is a state of mind.
IF you’re interested I’ll teach you how in a thread 🧵
Lol they’re actually trying to cancel Joe Rogan.
There is no outrage at anything Rogan has said. Only anger that they don’t control his show, his reach or his topics.
// 10 Reasons I’m bullish on BTC, ETH, and SOL //
As many of you know I am in real estate and always will be. Have studied macro & currencies for many years, and settled 3 years ago on RE as my primary allocation.
I’m spreading 10% of nw into crypto and here is why.
If you play the game correctly right now, 5 yrs from now everything in your life is free.
One such way to play “correctly” = WHOLE LIFE. Rich ppl use whole life / IULs not term.
Term is short term coverage. Permanent coverage = long term asset.
🏆 $10mm policy (cont’d)
Silly how so many ppl think online education is a scam.
No you paid 50k for a degree and are worth 12/hr. Your entire life has been a scam.
Here’s to hoping one day the masses wake up and realize the traditional life is not worth living 🥂
Let me see if I can teach this in a thread…
$0 to $10M 🚀
My journey (x4) and the “ins” and “outs” of how to go from bootstrapped 6-figures to multiple 8-figure empires without using VC.
Easier DONE than SAID — so wish me luck…
Move assets to trust.
Living & irrevocable.
Fund investment accounts FIRST, lifestyle SECOND.
Invest into education & skill production THEN move to acquiring hard assets.
Sleep more.
Read good books for the fun of it.
Sit in the sun.
This is the path to freedom 🙏
As a gift for all the new followers…
I’d like to show you how to procure for yourself all the spoils of wealth — without actually having to “pay” for them.
No RT necessarily…
This one’s just to add value to the fam 💪
🧵
Rules for becoming financially independent:
🏆 Live on ~50% of what you make
Bankers have two terms/levers on this: “cashflow” (income) and “burn” (expenses). Increase cashflow or decrease burn to get down to 50%.
Sometimes the most strategic thing you can do is go to sleep.
When you’re tired EVERYTHING seems like a crisis.
Sleep a good 8 hours and drink a liter or 2 of water. You will be A-okay.
I’m going to be starting a 2x weekly publication (Sundays & Wednesdays).
Will include thoughts on the world of finance, business & real estate. Wholesome reading — if you like my content here is a way to get more.
Consider subscribing now because it’s free.
Now is literally one of the most incredible times to be alive like ever.
Sometimes I cannot believe it.
Hard to sleep.
MAXIMIZE this - these times don’t last forever.
How I went from $0 to 9 figures in six years (OFFERS THREAD) //
I’ve created ~70 or so offers in the last 6 years. Roughly 20 of them have been hits, the rest were duds.
In this thread I’m going to show you the difference so you can model.
Max income as a professional marketer is likely in the $10m/yr range.
Personal take home.
Being the best of the best.
Max income as an investor is north of 1B and a lot of “good” professional investors are $100m+.
If you make fun of employees who work at a company for a living and tell everyone the only way to freedom is entrepreneurship.
Let me translate:
You are a piece of sh*t.
Cleaning company for sale in Nashville…
$250k ttm revenue
$35k profit
Sale price: $100k
No marketing. No automated billing. No technology setup for customer service.
How is there so much opportunity in the world?
An amazing time to be alive.
Store your emergency fund inside cash value whole life policy.
-Liquid and accessible.
-Grows tax free.
-Not liable to creditors.
It’s superior in every way imaginable.
💰 How to get great real estate deals for ‘free’ 💰
Our real estate firm produced a gross return of ~$300k last MONTH and is growing by 70-90 houses per quarter.
We started with just 1 deal, and in this thread I’ll show you how.
FYI told a buddy this and he lost it —
This house will be free / $0 down / by the time we move in (~January)… land arbitrage.
I’ll do a thread on it IF INTERESTED.
The next level never makes you happy.
It just makes you want the next level. What most of us need is patience, not the secret strategy to speed us up.
If you miss the moments in between, you lose.
After ~$20mm net worth (ish) you exit the tax system for good…
Don’t vilify me — I’m just showing you HOW it’s done and it’s up to Biden to change the tax system (hint: he never will)
🏆 BORROW against holdings
ie $20m in holdings growing at ~8% per year (cont’d)
Yo Twitter ppl I love you...
But you have no idea how much content I’m sitting on lol.
I can post you 1,000 word threads once/day that will make you rich.
Start sharing this content and I will put on a content magic show the likes of which you have never seen before 😈
You ever think, “I’m gonna read a book” and then you can’t read more than 30 seconds?
That’s your sign, you need a fast from socials - your BRAIN has developed a “character limit” and you’ll atrophy if you don’t reset.
Sleep 2 nights @ 8 hrs and don’t touch socials. RESET
In the Bible, there’s a story about two men named Paul & Silas.
They were thrown in prison because they were preaching about Jesus and wouldn’t stop.
In prison, they started worshipping.
The gates collapsed and everyone was saved and followed Jesus - even the guards.
It's my birthday today...
The best gift you can give me is becoming outrageously wealthy. Here's 6 hours of wealth building material (expires at midnight).
Who wants it? Comment "HBD" below and team will send it over -- $1500 coupon expires at midnight.
$100k now can be used to buy $35k/yr for the rest of your life.
Ever 3 yrs you can buy another $35k/yr stream. Every 10 years you can upgrade it for double yield.
Once you get this you stop wasting money on stupid sh*t that does not matter.
If you read stuff on my feed and have no idea what it means.
Congratulations.
You are leveling up. Use Google and buy best rated books on the subject-matter.
New worlds open up at new levels.
Must. Ascend.
🏡 A MASTERCLASS IN REI ACQUISITION
I don’t “teach” real estate.
You cannot pay me for a course or for mentorship.
I *buy* real estate.
Quite a lot of it… and every now & then feel compelled to share what’s working and what’s not. Lessons from my last $20mm 👇
Equity in a house is dead unless you use it.
HELOC out, use cash to BUY cashflow. Use cashflow to pay down debt, creating more equity…
Repeat.
Then do it again.
If you have a Twitter account and are struggling financially you must unfollow old “crew” and pay attention.
Ogilvy was one of the worlds most brilliant and preeminent advertising men.
Founder of Ogilvy & Mather and responsible for billions in sales he redefined direct response advertising in America.
(Some of his best ads attached below at bottom of thread)
I can teach you how to get 100mm in real estate and not put a dollar down for any of it.
Sigh…
If only there was more engagement on my threads I’d post more.
😂😂😂
100 RTs and I’ll teach you how I switched from “EARNER” to “OWNER” and never looked back 💰
OR - not.. 👇
If you’re feeling fatigued, sit down for 30 minutes and just built your perfect life.
Write it down & get it on paper. Describe the math, the time, the numbers & the moments you’ll have. Then reverse engineer a bit of it.
You’ll be lit up.
Fatigue issues gone.
"If you’re under pressure, it means someone gives a shit what you do. If you’re under pressure, it means someone relies on you. That is the ultimate privilege." -Trevor Moawad
🏅 Get your net worth to 10x annual income:
-10% liquid cash
-10% alternative class, diversified inside class amongst risk profiles
-30% diversified securities
-20% whole life (levered if possible)
-30% preferred SPV’s (my preference = real estate residential)
Life has a way of rewarding those who do not “need it.”
As counterintuitive as it may seem, your longevity is tied to your ability to disconnect from outcomes and connect into process.
A commitment to live transformationally, not transactionally…
THE GREAT GAME.