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Val Katayev
8.4K posts

Val Katayev
@ValKatayev
Immigrant. Started at $0. Bootstrapped to $100M+ in profits & exits. Funded $1.7B of credit. Serial entrepreneur in adtech, music, fintech, jewelry, SaaS, RE.
New York, USA Katılım Mayıs 2012
70 Takip Edilen129.1K Takipçiler

Was just in Japan with the family.
My 5 year old wouldn't stop running around while we waited on a restaurant table to be setup.
My mom told him, I bet $10 you can't sit still for 1 minute.
He took the bet, counted down 60 seconds, took the $10, turned around to me and said
"here's 10 bucks for my loan account"
I've used this system for 15+ years now and it worked like a charm consistently across all of my kids.
Val Katayev@ValKatayev
Don't give your kids an allowance. I pay them interest instead. It's a simple system that teaches compounding and makes money click for them. Here's how it works, my downloadable worksheet, and the results:
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@ValKatayev Like the idea a lot, but where do you put the Money? S & P 500 or some savings account? Or just cash and pretend they made yield?
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This experiment was years in the making, and it keeps working. If you found it helpful, Repost the first post to share the thread.
I bootstrapped to $100M+ of profits across multiple industries. Follow me @ValKatayev for more insights like this.
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@Emiliodjorno @RonWechsler Generally it’s been 2-4% range if you exclude covid surge years.
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@RonWechsler @ValKatayev Was it not the highest before under Adams, and before that DeBlasio, and the mayor(s) before that?
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In January I wrote that NYC housing prices and rents would skyrocket under Mamdani because he’d scare away new supply. It took 6 months.
Brooklyn rents have been climbing for years, roughly 4 to 7% annually. But this just kicked into another gear. Median rent hit $4,350 in June, up 8% in one year, setting all-time records two months in a row. Manhattan crossed $5,295, also a record. Apartments are renting 30% faster than last year. Vacancy is under 2%.
This was never hard to predict. I develop condos in Brooklyn (a side-hustle), over $250M built and building. I see it firsthand, and here’s the part nobody’s talking about yet:
Land prices.
Sellers are asking significantly more for development sites than a year ago. That’s the market telling you what’s coming. When land gets more expensive, the housing built on it has to sell or rent for more. There’s no way around that math.
So the pipeline is thinner AND more expensive. Fewer projects pencil, and the ones that do will deliver at higher prices. That’s tomorrow’s rent increase, already locked in today.
Every policy that adds risk or cost to building doesn’t punish developers. We just deploy capital elsewhere. It punishes the renter who shows up in 2027 and finds 40 people at an open house.
You can’t scare away supply and expect prices to fall. Scarcity is the price.
Called it in January. The math hasn’t changed. It’s compounding.
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