@gas_biz Curious as to the profile of lenders you are working with because aside from the rate, I have not seen below a 25 year amort or a higher DSCR than 1.30 on any quote I’ve gotten even as rates have spiked
@yachtandstock Definitely a tough and competitive market. We selectively look for fully free market deals where we can get a steep discount to market comps to make it more attractive, so on this one we are at a 20% discount and building to a 2.5x EM
Alone time is critical…
I try to give myself 5-7 days completely on my own with no distractions every year.
I’ve done this every year since 2016 and it’s worked wonders.
I generally try to do it in and around the holidays(not on holidays because I cherish family time) because it puts you naturally in a pensive reflective state.
The hard work is done alone and there is something powerful about just being in your thoughts.
If you want a lot of personal growth increase your time alone to be deeply introspective…
@yachtandstock That is amazing, I have to take a look. Would be great to connect further. I am actively acquiring value-add assets in New York. Currently I am in contract to purchase a multifamily building in Manhattan and am looking to raise the remaining LP equity
@Irving2Reuben Good for you, it’s a great practice👍🏽
Yes, if you search through my old posts you’ll see we invest heavily in the US and some in Canada.👍🏽
@carbonzen_org@PinkPoloShorts Right … and if they’re going to have “flexibility” to me it seems to make more sense that they would find whatever creative ways they could to stay in asset class
Including taking the actual risk 🚀while technically staying in compliance
Few quick NYD scribbles about what I see right now.
- Most assets in "distress" you don't wanna own
- Good assets with capital stacks in distress are great r/r, but basically impossible to do programmatically or at scale. Lot of the dry powder is not going to get spent.
I wrote 50 newsletters in 2023 that were read ~1,000,000 times.
Here's the craziest part:
Most of these are deep-dive articles that take ~15 minutes to read.
Who says long form is dead?
Here were the 10 most popular:
1. How to Build Self-Discipline and Overcome Procrastination
"The truly free individual is free only to the extent of his own self-mastery."
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2. The 10 Commandments of Hyperfocus
You don't need more time... You need more focus.
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3. My Simple 3-Step Framework for Making Money
This is how to grow a money tree.
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4. The $70M Blueprint: The 3 Systems I Used to Build Two 8-Figure Companies
This is how I create an Operations Playbook, Collaboration Station, and Sharing Hub.
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5. How to (actually) Become a Millionaire on a Low Salary
The exact steps I'd take to make a bunch of money right now if I was dead broke.
6. How to Build a $1,000,000 Personal Brand
Everybody should have a brand. Everybody. Here's how to build one.
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7. The YouTube Playbook: How I grew from 200 to 150K Subscribers in 12 Months
The exact framework I followed to blow up on YouTube in 2023.
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8. 6 Ideas from Essentialism That Changed My Life
Last year was all about Doing Less, But Better. This letter was the framework I followed.
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9. How to Become a Whole Life Billionaire
Money isn't everything. This is.
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10. 5 Lessons a Chess Grandmaster Taught Me About Business
Strategic thinking is one of the highest ROI skills you can master in business. Here's 5 mental models that've helped me.
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***
2024 is gonna be a wild year. SO much in store.
Would love to have you along for the ride.
Subscribe to the newsletter here if you want a deep-dive article on business, investing, and life delivered to your inbox each week:
anthonyvicino.com/newsletter
In 2008, the #Giants were the 1st seed, #Eagles 6th
Giants had a bye. Eagles beat Minnesota and then as the 6th seed went into Giants stadium and beat Big Blue.
All this look familiar?
Payback would be sweet.