jordan

Winning Solves Everything

Everyone in the US took a 30% pay cut and didn't even know it.

Me looking at my 401k at an all time high knowing I can’t touch it for 30 years.

@BuySellBA @porqueTTarg But how much does a bnb cost

@porqueTTarg Los alquileres a corto plazo en Palermo todavía están ganando mucho dinero. 36 noches = $4,516 USD

"Idea millonaria" Porque un chico de 22 años alquila departamentos de largo plazo, los amuebla y los pone en alquiler en AirBnb, y gana más de 180.000 dólares mensuales.

@retireinarg How would that work just sent you a pm

@deering125 Student visa dodges most of that rentista paperwork especially with US rentals to prove. Solid call. Just know staying straight through will flip you to tax resident on worldwide income after the 12 month clock even while building citizenship time. Separate regimes.

Your accountant probably doesn't know this exists. Argentina: foreign income is NOT taxed for non-residents. No accountant needed. No offshore structure. Just a rentista visa and a DNI. The 'paperwork' people pay $10K+ for elsewhere costs under $1K here. x.com/thejerzway/sta…

@retireinarg Going to study Spanish going to stay there the two years straight than apply for citizenship and stay long term I was going to do rentista as I have rentals in the us but I don’t like all the paperwork seems the student is quicker with less requirements

@deering125 Student visa keeps you temporary but rentista better proves passive foreign income without extra hassle. Tax side still comes down to total time in country. What are you studying?

How it feels to quit your job while having a mysterious source of income and a villa in Southern Europe.

Your Amex balance really has to be $18K with payment in full required before you learn your lesson

@MyLatinLife But which one lets you get citizenship

If you have $2,000 a month of passive income From a pension, bank interest, or even a rental property You can get residency in almost any LATAM country

@Benny_V Interested

Real Estate Investors… Do you have a good chunk of equity in your rental, but your DSCR rate is better than today's market so you don't want to refinance? Good news: you don’t have to. We launched a DSCR Fixed 2nd Mortgage that qualifies using the exact same DSCR parameters as a full DSCR loan. -Fixed rate -No cash-out refi of your 1st - >1.0 DSCR Same debt-service coverage rules/underwriting you're familiar with to tap into your equity, keep your low rate intact, and go buy the next deal! Comment below or DM so we can set up a time to chat. #RealEstateInvesting #DSCR #RentalProperty #FixAndFlip #BRRRR

@PepeElGranX @MyLatinLife What are requirements I was looking at Portugal for d7 to get citizenship

@MyLatinLife Uruguay is and will continue to be #1 option. The sorta limiting factors for way to citizenship is also something I like not a free for all like Paraguay

Living abroad for a few years for a 2nd passport is well worth it

Peak moments after moving abroad: - First night with an empty house - First grocery store to buy food - Convert price of everything to your currency - Write everything on your notes - Meet someone later become your best memory - 6 months later in a cold night missing home

@IvoNakamoto @scaling_shields Can I send you a pm

@scaling_shields Can’t get paper napkins B2B for €0.003 anymore. It’s practically impossible. Price is minimum €0.006 each for a single ply, and that’s if you got a good relationship with a cheap ass supplier. I got 15+ years experience supplying restaurants with tablecloths and paper naps.

seen this firsthand my mates uncle supplies paper napkins to 800 restaurants across the costa del sol €11M last year from napkins, a warehouse, a van and a phone met him at a bbq in marbella last summer looked like a retired PE teacher polo shirt sandals drives a 2019 volkswagen i asked my mate what his uncle does "logistics" "what kind" "he delivers napkins and paper towels to restaurants" i laughed "hes worth about €8 million" i stopped laughing later that night his uncle started talking "we buy napkins from one factory in valencia. €0.003 per napkin. we sell them to restaurants for €0.01. thats a 230% markup on something people blow their nose with and throw in the bin" "but the real money isnt the margin. its the reorder" every restaurant orders napkins every week without thinking about it "we have 800 restaurants. average order is €180/week. 52 weeks a year. do the maths" 800 × €180 × 52 = €7.4M plus paper towels toilet rolls takeaway containers and cleaning supplies €11M total i asked if restaurants ever switch suppliers "why would they? its napkins. nobody has a meeting about napkins. nobody puts napkins out to tender. the chef calls me on monday like hes done for 9 years and says 'same again' and i deliver on wednesday" zero churn on a product people throw away without thinking thats the moat "what about competition?" "who wants to compete in napkins? every kid on the internet wants to build an app or start an agency. nobody wakes up and says i want to be the napkin guy. thats why ive had no real competitor in 22 years" i asked why he doesnt scale to other regions "why? i work 4 days a week. i drive my daughter to school every morning. i take august off. i made €11M last year selling things people wipe their mouth with and throw on the floor. what would scaling get me? stress?" he took a sip of wine and said the thing i think about constantly "the best business in the world is selling something nobody thinks about to customers who never switch. the moment your business is interesting enough to talk about at dinner someone will try to copy it. i sell napkins. nobody copies me. nobody wants to" there are families all over europe running businesses like this invisible boring printing while everyone fights over the same saturated markets trying to look impressive online attention attracts competition obscurity attracts profit

@heyrsharma @rnj011 @Gubloinvestor Anyway to get access to this bot

@rnj011 @Gubloinvestor I might write a article about it in detail. That might be easiest way to explain. It is around BX tender and trend following.

Lets say if you have $100K to invest I will put $50K in $TQQQ at $30 i will put $5K every dollar it drops. Lets says it goes to $20, You invested all of your capital. Your average would be $26.77 If this happens anytime this year You will be seating at $3.24M if it performs at 38% CAGR like past 10 years and $17M in 15 Years. Dont care about Decay, Nasdaq 100 will thrive more than entire world.

A personal home is NOT an investment.

@dirtcheapbanks What bank

Found a bank on DirtCheapBanks.com that has been open since 1885, never borrowed a dollar, owns its real estate, has zero classified loans, and trades at half of what it is worth. The CEO is 77 with no heir and a fat CIC payment waiting. The acquisition window opens in 22 months.

@Pluto_0x How do you get exposure if you have access to the us stock market

I think over the next 12 months there may be a once in a lifetime opportunity to buy UAE equities The kind of setup where even if you go all in, you still feel underexposed. This is roughly my plan : Phase 1 Start slowly accumulating the more defensive, resilient names over the next 6 to 8 months: - Salik - Dewa - Adnoc Gas + Drilling - Fab - Taqa - Adib Phase 2 Dubai is far more exposed than Abu dhabi to tourism, real estate, discretionary spending, and foreign sentiment. That means it will likely take longer to find a bottom But it will also offer the best opportunities once the market fully prices the damage - Emaar Properties + Development - Emirates NBD Probably is still too early, but you definitely want to bookmark this and pay attention. If you have lived in UAE, you know for a fact that they will bounce back, is not a matter of “if” but only a matter of “when”

Nothing like waking up to take a piss only to find out we went to war with Iran.

@The8BitIdiot Same