Armen Melikian

@TripleNetTyler What is average comp like for broker in your space?

Best career advice I've ever gotten: Choose a career where you can make $5M a year and no one bats an eye It's just a blip on the radar Find the room where that's normal, and get in it

@XCompoundQuiet Enjoy a pat on the back! What does he/she do?

Looking for advice for this person: Age 34 Married 2 kids (age 1 & 3) $1.2M invested $900k house (350k Mortgage) ~$350k household income (scale to ~$450k with effort) No pension No debt Saves $200-250k/year He's asking what should be next? What would you target the next 3-5 years?

@mindofachaser Congrats! what is your business?

Net worth update. 29 y.o. Current NW: $1,590,000 Started with ~20k in 2020. This is all liquid + AR btw. My businesses are worth another ~1-2M, if I had to guess. Everything moves quicker at scale. Your mind, your team, your cashflow, your investments. It all compounds.

@robbiehendricks @SahilBloom Which one did you join ?

@SahilBloom Joining a mastermind.

What was the single best investment in yourself you’ve ever made?

@njshoreinvest Unreal! Congrats. What kind of sales do you do?

I'm 33 with a net worth north of $4.2M. I'm not some genius investor. I don't try to beat the market because I know I'm not the next Bill Ackman or Michael Burry. I put my energy into the one thing I actually control: my income. Working in sales means I can "dial myself a raise" instead of waiting on a manager to bless me with a title bump. So I out-earned, kept my expenses boring, and invested the difference. And now? I'm staring down at an opportunity where I can be truly financially independent, work optional, and living in a great area, all without compromising standard of living.

@njshoreinvest Congrats! Love to see this type of stuff.

Why am I sharing this post? To show awareness that it’s achievable for anyone. Here’s a little more about my story: I was an average student at best. I went to a college I guarantee most of you never heard of. I graduated with a useless liberal arts degree. I applied to become an NYPD, and took a job in sales to hold me over until they called me back. By the time I got the call, I was doing pretty well at my job, and decided to just stick with it. The rest is history. I spent my 20s working my ass off. I worked from 7-7 so I can get ahead of everyone else. The beauty of sales is that since it’s commission based, you can “dial yourself a raise”. You don’t need to wait for a promotion, your boss, or HR to approve anything. I made less than $50k year, but my second year I earned $100k+. As my income increased, I kept my expenses relatively low and just invested the difference. I did make a few bad financial decisions. I leased a Mercedes that second year, but it was at that point I realized I don’t care about cars, hence why I drive a used paid off one now. I used to try to be a stock picker, but realized I spent too much time to just underperform the market, hence why I’m mostly index funds now. But the main reason for working and earning is to escape the rat race. I’m good at my job, I like my company, but this is definitely something I’m not trying to do when I’m 50. You rarely see successful sales reps at that age, and the ones I personally know don’t have good personal relationships. So, my thought process was to work my ass off while I’m young, invest and save a ton, build a nice nest egg, and get out of the rat race. I won’t “retire” in the sense that I’ll be sitting around doing nothing. I’ll probably do some consulting of some sort. But I live a mile from the beach, and I just want to be able to go whenever I want without having to worry about my next meeting.

@RogerJStoneJr Rule 18: “White shirt + tan face = confidence” 😂

For all those who keep calling me a " dirty Jew". Some of my best friends are Jews and I do love a good pastrami sandwich.

@TheSalonDon This is awesome. I suspect you are underselling the effort/stress, but I could be wrong. Regardless, congrats!

Updated* Day in the life of tanning chain owner making 7 figures 9:12am - wake up. I set an alarm maybe 4 days per year 10:37 - arrive at office, it’s in the stock room of one of my salons fully decked out with 6 trading screens 11:00 - check dashboards. Mainly looking at membership growth. commission sales, ad performance, SEO rank 12:00 - emails. Anything that seems recurring give to a manager 2:00 - call with regional managers. Discuss repairs, hiring, and large projects today it’s: - Getting music in the tanning beds - Branded bath robes - Filming a spray tutorial video 2:30 - call with assistant managers. Discuss their part in large projects, customer complaints, and if anything is broken or if someone should be fired 3:00 - work on expansion. At this point in the cycle it’s trying to circumvent brokers at new locations. Will ramp up in spring 3:30 - done for day. Focus on sports betting, vacation planning, tweeting 4:30 - workout or play golf 5:30 - go home

@recostseg What about 5% rule ?

One of the most common questions we get: Which jobs have the potential to qualify me as a Real Estate Professional? Here’s the answer: To qualify as a Real Estate Professional (RE Pro) in 2026, you need to meet certain criteria set forth by the IRS. Here are some of the key requirements: 1. Material Participation in a Real Estate Trade or Business. This is pretty straightforward but you must materially participate in a real property trade or business, such as development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage. 2. Time Requirement. You must spend more than 750 hours in real estate activities during the tax year. And you must spend more than half of your personal service hours in real estate activities. 3. Joint Filing Considerations. If you are married and file a joint tax return, either spouse can qualify as a real estate professional. However, hours cannot be combined between spouses to meet the 750-hour requirement. 4. Aggregation Election. You can elect to aggregate all of your real estate activities into a single activity for purposes of meeting the material participation requirements. This election must be filed with your tax return. 5. Proof of Services. Be prepared to provide proof of the services performed and hours worked, especially if the IRS requests this information during an audit. 6. Exclusions. Certain work, such as time spent as an investor reviewing financial statements or participating in management decisions without active involvement, may not count towards the 750-hour requirement. As always, talk to your CPA to make sure that you meet the criteria above. If you do, there are many helpful benefits to you.

@ankurnagpal The comment about tax alpha is interesting; articulates well real estate's edge.

@TripleNetTyler @TerrakottaAI What's this platform? Good for acq people or brokers only? Looks cool.

Social media runs on clicks... But the real estate business will always run on conversations Cold calling owners Pitching Buyers Advising Sellers Getting comfortable being uncomfortable The video below is basically my Spotify Wrapped, except for @TerrakottaAI, the prospecting tool I use to maximize my outreach and track stats religiously Here’s what my team's consistency lead to in 2025: -193 property valuations -78 transactions closed -$179 million in sales volume -How many 4% cap deals sold? 5 -45 plus active listings heading into 2026 Appreciate everyone who trusted us this year On to 2026

@themoviedadsc Congrats man. It's rewarding to see sustained good decision-making and behavior starting to bear fruit. Keep rocking!

Closed out our family finances for 2025, and we were blessed to see a $300k+ net worth boost this year. Result of continuing to buy and hold "boring" stock ETFs, while our "boring" portfolio we've built over the last decade did most of the heavy lifting. Cheers to 2026, now! 📈

@jmrphy Your genes may process dopamine slower, which makes you brain crave calm and stability that is impossible with toddlers. Look up the COMT gene and the "worrier" genotype.

Am I just a monster? It's been 4 years since I became a father and I'm beginning to fear for my soul. The truth is I just don't like being around kids for very long. Historically, this is not uncommon among fathers, but today it feels almost illegal. It's causing me a lot of confusion and anguish. The ideal amount of time I would like to spend playing with my kids is probably about 70-140 minutes a week—roughly ten minutes each day, maybe 2x/day, taking breaks from work. My feelings of love toward them are perfectly strong, but if I have to watch them or entertain them for more than about 10 minutes my blood starts to boil. I just want to be working, or accomplishing something. I try to be grateful, but it doesn't work. It's 9 AM this morning, Saturday, January 3. It's a sunny, warm day here in Austin, and my four-year-old son is begging me to play catch in the street. I was drinking coffee, still waking up, so I didn’t really feel like it, but at this age his desire to play is insatiable. He begged and begged, so I conceded, and with a smile. I have no problem being a kind and loving father, the problem is only that I do not enjoy it. It's not that I'm trying to maximize my personal pleasure; it just seems wrong that I experience so little delight when my dad friends all claim to experience so much. It was beautiful. We live on a picturesque, tree-lined block. I am even relatively relaxed from the holiday rest. Playing catch with your son is supposed to be an iconic, peak experience. Yet for every single minute, on the inside, I just don't want to be there. I want to be drinking my coffee in peace. Then I feel guilty and absurdly ungrateful, and ashamed, when we're done. I know that when he is a teenager, I'll long to have these days back. I have all of this perspective rationally, and I've been very patient and steadfast trying to digest it, but nothing fixes me emotionally. Am I a terrible person? Or is my feeling within a certain range of historically normal and it's modern parenting norms that are off? Whether it's my fault or not, I don't even care, I just want to figure this out. Something is wrong and I no longer have the excuse of being new to this.

@Bay2WallCRE Is this still for sale ?

Day 25 of analyzing a deal a day until I get a new role in Real Estate Investment / Asset Management🧵 Today's deal is the best one I have seen this week. 3% market vacancy, small bay industrial in Florida with MTM below market gross rents. Let's see why I like it:

UTMAs provide most flexibility but no tax deferral; You could employ your child and contribute to a ROTH, which is most tax advantaged but not super flexible. 529s are good for education but I worry about "overfunding them" and having those funds captive. I would also look into the new TRUMP accounts.

What is the best way for me to invest on behalf of my children? Consider flexibility, tax dynamics, investment choice, etc.

@roblabonne im inspired. what camera is this ?

@phil_mcalister Isn't QT ending in a few days?

@amelikian8 Awash in liquidity waiting for a recession or actual meaningful QT

When the Fed injects massive amounts of liquidity into financial markets, you tend not to get CPI inflation. You instead get asset price inflation. This is because the savers from whom the Fed buys bonds (pension funds, insurance companies, hedge funds, etc.) do not turn around and buy consumer goods with the proceeds. They buy assets. Then the sellers of those assets have the cash, which they don't want to hold either so they buy something, and so on. The key to remember is that as this cash changes hands it NEVER GOES AWAY. It doesn’t "go into" stocks or anything else. It simply becomes someone else's problem to try and get rid of in order to earn a return. This liquidity will drive risk premiums toward zero over time as prices rise until investors are indifferent between buying assets and sitting on cash. This is how we get "everything bubbles," stocks priced like 1929, real estate over valued, people buying silly internet "money" with the hope that a greater fool will come along and pay more for it later, and people "investing" in cartoon monkeys. This can only reverse itself if there is a major recession where investors actually prefer the liquidity to any risk assets, or if the Fed commits to reducing its balance sheet by trillions.

Calmness comes from a resoluteness of purpose, and my purpose is self-mastery.

@seanfgates What are they? sounds cool

Antigravity with Gemini is magic. I have built two functional Chrome extensions with practically zero coding experience. One will improve my quality of life by a large amount, and one has saved me 50 hours this year. Magic!