Derek Murrell

@AniJennyson @theficouple For sure. My thinking is if we assume the homebuyers are smart then let’s assume the renters are too. Plus the math is the math, regardless…

@BankonomicsGuy @theficouple It’s only possible where the tenant is so smart that he profits off this 👊👌

The truth about rent: It’s not just “rent” & you also pay: - Property taxes - Insurance - HOA fees - Maintenance - Turnover costs - Property management - Legal costs - Owner profit …Very few people understand this.

@AniakorRac28196 @tobiflamme Hey! 👋

Even if you have 0 followers Say Hello 👋 Let's follow you now ❤️🫂

@TheAlphaThought Agree. Especially if you also invested the down payment the homeowner likely had to pay, plus all the extra overages homeowners pay.

If you're 30, renting, investing $1,500/month, and have zero debt I think you're in a stronger financial position than most 30 year old homeowners with a $4,000 mortgage and $18k invested Agree or disagree?

@tobiflamme Just followed you. Thanks for sharing! Just started being consistent on here to share a message everyone needs about faith and money 👊 Look forward to learning more!

It only took 15 days to get monetized‼️ That’s when I realized… • 5M impressions is very simple • 500 verified followers is the easiest The hard part isn’t the goal, It’s staying consistent long enough to reach it. 🚀

The most important part of any structure is the part nobody sees. A foundation that moves is not a foundation. It's a liability. Your financial life works the same way. The warehouse of wealth you build should be boring, stable, and unmovable. ✔️Remember, exciting foundations are a sign that something is about to crack.

@MCovBrown What space is he in if you don’t mind me asking? (What does he offer?)

I just ran over the numbers with a client on our results so far, here's the scoop: • What he's paid me: $43,000 • What he's made: $500,000 • What he still has to make: $300-$500k (uncollected LTV for clients he has acquired) Here's how he's made $500k+ in the last 10 months: 1. Followers He had less than 10,000 followers when we started. He has less than 10,000 followers now. It's never been the core metric. With that said, the followers he has gained have been in his target market. 2. Timely content A lot of the content we write is timely. Meaning, whenever there is major news or updates in the space, he comments on it. I get this information on our weekly calls. We also give frequent updates about his business and what's going on. 3. Case studies This client has an amazing service and he knows exactly what he's doing (a true expert). He's got dozens of unwritten case studies. On our calls, we discuss: 1. Where they started 2. What they changed 3. The end result I put it together. He adds relevant images. We post. These drive leads better than any other type of post imo. 4. Types of tweets We don't ONLY post valuable and actionable advice. We mix in: - Enemy-based marketing - Personality-style tweets - Frequent storytelling & lessons The combo helps build a well-rounded personal brand. How we "cowrite" together: 1. Like I said, we meet weekly for 30 minutes. I come prepared with questions. He'll give me updates on his business and I'll ask some questions. 2. On a weekly cadence, I send him content. 3. He does a ~15-30 minute review and gives me the thumbs up. 4. I schedule it (and manually post long-forms). 5. He replies to comments and handles DMs. That's the inside scoop on how I run my business and what the service looks like. Lots of nuances of course, but that's the general process. The best part: The rate at which he's getting leads is increasing. His account has better engagement than ever (we don't use cheap engagement techniques). And he's grown by a few thousand "ideal" followers. Disclaimer: I acknowledge this only works because (1) the client has a great service and (2) he is good at closing the leads he gets. -- Follow me @MCovBrown for more content on content (cause I'm meta like that). And if you sell a high-ticket service and have questions, feel free to shoot me a DM. I've now driven more than $5M in client sales across different industries and could likely give a tip or two.

@Vivek4real_ Peter: Everything you do is wrong. Also Peter: I’m selling you what I do.

PETER SCHIFF: “THE GAIN IN THE STOCK MARKET IS INFLATION, NOT REAL VALUE.” WHEN THE DOLLAR LOSES PURCHASING POWER, EVERYTHING APPEARS TO RISE IN PRICE. IT LOOKS LIKE YOU’RE GETTING RICHER. BUT 99% OF PEOPLE ARE BEING QUIETLY ROBBED.

@RoaringHammy Many do. It’s called Parkinson’s Law of Money: Expenses rise to meet income.

Do you know of any high earners struggling with debt? I have a lawyer friend who earns over $200k/yr but is struggling with debt as he couldn't keep his family lifestyle in check 😬

What I would do with money if I was 20 years old again 👇

@0xDavecryps The #1 thing they could learn is how to capture the flow of their money. Wish I knew in my 20s what I know and teach now. The right strategy can co-exist with the lifestyle needs we all have.

Stop telling young ppl to “build wealth in their 20s” when they’re still trying to build a budget. Cars cost $42,000. Degrees cost $65,000. Rent swallows half of their paycheck. What exactly are they supposed to invest after paying for gas, groceries, and a shoebox apartment?

@Assaf0013 Many don’t have the 74k today. If they did they could do the 74k + the 500/mth. But yes, 500/mth seems small up front but has big rewards over time.

Consistency beats intensity.💪 $500/month → $180k invested → $745k One-time $74k → $74k invested → $745k Monthly needs less upfront cash, adds $106k over time. The $242k extra? Compound interest on every deposit. Consistency wins because it’s accessible, not magic.📈

@WillBiddy_ Do you have a reserve or emergency fund?

YOU should be fully invested into the stock market! If you sit on 5,10,20% cash waiting for a dip you are basically saying you have the ability to time the market. DCA into $VOO $QQQ $SCHG or individual stocks (wide moat at reasonable valuations) as early and often as you physically can. If you sit on cash you will likely never be fully invested and definitely won't be good enough to time the market when a crash happens. That resting cash is killing your total returns. Stop timing the market and shove it all in at fair prices... This does not apply if you're approaching retirement btw!

@Owennfa No rice and beans? That’s good at least.

Her boss passed away and left her $1,250,000 in his will. She had absolutely no idea it was coming. She called Dave Ramsey in complete shock not knowing what to do with it. Dave’s first words: “Don’t tell a single soul. Not your family. Not your friends. Nobody.” Some bosses just believe in you more than you know.

@Investmentkage What else do you get with gold?

Honestly, only got Robinhood gold for the 3% IRA match. The annual subscription is $50 and I get $225 from it when I max out my Roth-IRA I’m getting an extra $175 or something I would’ve done anyways. Everything else is just a bonus to me.

@Dividend_Learn Split the difference.

You have spare $200. Take the wife to dinner or buy stocks?

@rossium 100%

This question is asked at Jane Street for $750k/year roles: > A drunk man stands 1 step from a cliff edge. > Every second he randomly steps forward or back with 50/50 odds. > What's the probability he eventually falls off? if you answered 50%, you just failed. drop your answer below. I'll reply to the right ones.

@realEstateTrent Great advice. Action steps in the right direction are hard but required. Everything else is the illusion of effectiveness. I have to tell myself this as well 👊

Somebody I think highly of recently wanted to grab coffee and get some advice on fundraising. They’d never raised money before, but they know the multifamily asset class very well because of lots of brokerage experience. So we sat down - and I asked him if he’s comfortable asking people for money. He started saying he wants to make a newsletter to create connections. I told him that was a terrible idea, and an excuse to avoid fundraising. “Make a spreadsheet of every person you know, and start calling them. Tell them that once in a while you see deals you’re excited about, and ask them if they’d be open to participating if great deal came up. If so, ask them approximately what ballpark range they’d be comfortable with. And then pause and wait for an answer.” I also shared the fundraising wasn’t for everyone, and he needed to find out if it was for him or not. He responded by bringing up the newsletter again. I cut him off: “No. Start the spreadsheet today, and start calling to tomorrow. You’ll find out fast if you’re ready, or if anyone would be interested. Oh, and waive carry. You’re practicing with their money, so forget about making real money on the first ones.” When someone wants advice or feedback, I think holding back is doing them a disservice and wasting everyone’s time. Some appreciate it, some are uncomfortable and never ask again, and some are even offended. Anyone can escape giving actual advice by going with “wow amazing I love it” - but I think sugarcoating is boring and useless, and a sign you don’t really care

@JamesonCamp I really liked your post. Helps those of us with shiny object syndrome!

@BankonomicsGuy 🫡

FOCUS: 🔥Follow 🔥One 🔥Course 🔥Until 🔥Successful

@JamesonCamp I’d sound really smart if I told you I came up with it… but I didn’t. 😅

@BankonomicsGuy Never heard that, but I like it!

If you’re trying to grow your X account and nothing is working You need to take a step back and pick one sub culture to become a character in Stop trying to please everyone in the algorithm Try and speak to one person or a small group Dive into the conversation. How? Start by looking at what’s trending. Engage. Comment. Retweet. Quote tweet things and give your take. Make sure that take is specific and useful though. Tell stories. I was talking to a content team at a series A backed general agent company recently about this The problem is that everyone is fishing in the same pond here. Tech twitter. Look into diff ponds, Ecom twitter, real estate twitter, money twitter. Find a community - and genuinely become part of it.