Therese Torris

@noahkagan "There MAY be a reason why all the twitter/youtube/instagram real estate bros sell courses… " says it all

I will lose $55,000 this year on Real Estate. But if you see the twitter bros here talk about their airbnbs, storage units or real estate you’d imagine - buy real estate and passive income falls from the sky. So how am I losing it, what does it mean for you and what can you do about it? Last month my HOA did a special assessment to improve the roof for $12,000 per unit, I own 3 of them. Ouch - not great when I barely make $750 a month per unit. Then you have to add on the costs of property taxes which have been rising and tenants constantly having requests (toilet issues, garbage disposal, fan not working, etc…). In addition my units were empty for 3 months of the year. (I did try to sell them but had no buyers). I wanted to share details since there’s such a fantasy a) landlords always get rich b) real estate is a great investment c) real estate is passive income. There MAY be a reason all the twitter real estate bros do many other ventures and sell courses… 🤔 “BUT Noah - you’re talking cash flow what about appreciation.” Thanks for asking! So my condos were $366,000 that I bought around 2015 and ONLY cause of Covid they are “worth” around $515,000. Yay I made $150k. Don’t forget to subtract 20% for capital gains and 6% for realtor fees. Sounds great until realize a) they condos didn’t actually sell when I listed them on the market for that much b) it took nearly 8 years to get $150k and c) if I would have taken that same downpayment of $60k - put it into the market 8 years ago it would be at least $148,557.79 today. Plus - the stock market is liquid (meaning I can get my money NOW) and there’s 0 overhead cost of dealing with AC repairs, tenants, etc… So what does that mean for everyone? 1- Real estate CAN be very profitable for people with fixed income jobs 2- 👉Entrepreneurship has WAY better upside AND lower costs 👈 3- Anyone can do real estate. Think about things you have a COMPETITIVE advantage in. 4- Don’t believe the numbers and ease of people claiming get rich quick. What’s in it for them? 5- Opportunity cost. If you’re going to spend 40 hours finding a rental property and dealing with it - what other investments or businesses could you start instead?

@FirefoxSupport I get extremely slow response times to my Google searches and my gmail account when I use Firefox . Often forced to use Edge or Chrome. My searches being tagged "search?client=firefox-b-d&q." How can I improve the situation?

@achrisafis It also plays a role that 6% to 12% of the French population being alcool-abstinent Muslims, many French people want to include non alcoholic beverages in their famous "apéro" or at parties.

‘A trend is starting’: France is one of the fastest-growing markets for alcohol-free drinks theguardian.com/world/2022/dec…

Déclaration de revenu 2022 ⚠️⚠️⚠️⚠️⚠️ DEPARTEMENTS 55 au 974/976 Il reste 50 minutes pour faire la déclaration en ligne #impôts

Online Lender October Acquires Credit.fr as Competitors Consolidate crowdfundinsider.com/2022/05/191754…

@fabricepelosi Félicitations!

Je teste une nouvelle méthode pour décrocher de Twitter. Efficace.

@romaindillet Félicitations!

<— This journalist will be taking some time off. I’m on paternity leave everyone ☺️🐣

@MichelNizon @mitchdeg J'aime bien aussi cette slide

Quand on parle du loup... Après avoir publié en 2008 "RIP Good Times", Sequoia vient de réactualiser sa présentation, en un peu moins synthétique semble-t-il... 🫢 : "Adapting to Endure" [PDF] app.box.com/s/01bnvvty1jd9… #startups #VentureCapital copie (@mitchdeg)

Regulation A, Tier 2, blockchain-based Mini IPO, why crowdfunding is now a serious way for privately held businesses to raise serious capital #crowdfunding #blockchain @crowdfundinside @finnstr crowdfundinsider.com/2022/03/188715…

Secured Lending Platform EstateGuru Partners with Raisin Bank, Goal is to Provide Over €200 Million in Loans crowdfundinsider.com/2022/03/187740…

Bonsoir @Mailchimp, Dieudonné, plusieurs fois condamné pour incitation à la haine raciale, utilise votre service pour relayer ses contenus haineux et de la désinformation vaccinale, ce qui contrevient à vos conditions d'utilisation. Cf. conspiracywatch.info/dieudonne-mbal…

@CharliePERREAU @AMF_actu Je ne sais pas ce qu'en pense l'AMF, mais je sais ce que j'en pense 😡

Qu'en pense l'@AMF_actu ?

@SachaHalphen Je trouve dommage d'utiliser un mot agressif comme "emmerder." C'est se mettre au niveau de ces égoïstes qui n'attendent que ça.

5 M de personnes qui saturent nos hôpitaux, 5 M, qui font déprogrammer des opérations, 5 M, qui obligent le durcissement des restrictions, 5 M, qui essayent de paralyser le pays. Une minorité ne peut pas faire payer à la 🇫🇷 entière le tribut l'irresponsabilité. Vaccinez-vous !

@Cedrica7 @robin24h00 Stop à la désinformation lemonde.fr/les-decodeurs/…

@robin24h00 Non seul le gvt et ses strategies aleatoires nous emmerde, le reste ce sont des patients de covid et/ou de grippe qui son vax 65% ou pas 35%.

10% d’antivax ou d’irresponsables emmerdent 90% des français et plus particulièrement le personnel soignant alors oui « #jemmerdelesantixax »

@StachAlex Quantitative easing started in 2009. Inflation happens now because of COVID's supply shortages.

Je débats actuellement avec un économiste qui vient de dire que la création monétaire n'a aucun impact sur l'inflation. Aucune blague

I missed it last week: Zopa announced its exit from peer-to-peer lending. "Direct" is not the most efficient way to raise money after all. Remembering #RichardDuvall altfi.com/article/8608_e… via @AltFiNews

Top US Crowdfunding Platform Republic Acquires UK based Seedrs in $100 Million Deal crowdfundinsider.com/2021/12/183613…

SoftBank Invests $25 Million in OurCrowd - A sensible investment crowdfundinsider.com/2021/10/182213…

Merci à toute l’équipe de #FFT21 pour ce bel événement avec le 🌞 et la vue en prime 🙏

Pour « sortir enfin l’épargne du moyen âge » il faut pallier au manque d’éducation financière des Français par la simplicité et des offres différents comme les cryptos et l’ESG @Nalo_fr @stackinsat @Goodvest @monpetitplacmnt #FFT21