Thefrugalgay🏘
@Thefrugalgay11
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I teach you how to achieve financial independence through reselling and real estate investing. ''Retired'' at 39 w 22 doors 🚪
Dallas, TX
Joined March 2021
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I bought this property 20 years ago. It was 90k w 6.875% intrest, and my payment was $738.
In 2008, the value dropped to 45k. My payment was still $738, and I collected $1000/ mo in rent.
Everyone around me panicked & sold.
I just kept making my payments 🤷♂️
Today, it is…
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Home Depot offering a 1 bed, 1 bath 540sq ft prefab house for 44k.
Thoughts?
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2K
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Home Depot offering a 1 bed, 1 bath 540sq ft prefab house for 44k.
Thoughts?
2K
1K
28K
If you want to retire filthy rich in your 40s and 50s, then understand this sooner...
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@historyinmemes
My sears house. Assembled in 1910.
The 2×4's are all stamped w Sears on them.
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I can't think of anything more outdated then the car dealership.
Been here 2 hours and no one can tell me the price of the car.
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Getting paid 12 times in 365 days is not my destiny.
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I hit Million dollar networth when I was 31
I did this while working at a movie theater making on average 55k a year
These are the 6 things I did to grow my wealth
A Thread 🧵
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If you want to retire filthy rich in your 40s and 50s, then understand this sooner...
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I don't understand squatters' rights
Why is this a thing?
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Had a refrigerator go out at a rental today
It's 13 months old, under warranty, but service can't get to it till 1/30
Costco called me back & asked if I had a backup or if they could drop off a display to get us through the next 13 days
🤯Costco just won a customer for life🏆
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@BOXABL
Don't you have a 3 year waiting list? Home Depot can drop this at the curb next month 🙌
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It took me 9 years to learn, but I'll teach you in 2 minutes. Here are 15 uncomfortable truths about life...
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Hit the gym + Party less + Upgrade your circle of friends + Avoid drama + Dress well + Make money = Cheat code to life.
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By age 35, you should be mature enough to NEVER do this in your life...
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If you want to retire filthy rich in your 40s and 50s, then understand this sooner...
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Normalize this by age 25;
• Wake up at 5 AM
• 4 hrs of deep work
• Cook your own food
• Keep your life private
• Spend 1 hr in the gym daily
• Mind your own business
What am I missing?
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If you want to retire filthy rich in your 40s and 50s, then understand this sooner...
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Things I know at 41 that would have changed my life at 25:
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It’s with pain and sadness that I am writing this post on behalf of my sister Katie Lee
My beautiful, brave sister passed away this afternoon surrounded by family after a 2 year battle w cancer
She was so loved by everyone and will be missed incredibly.
#Fuckcancer
#Katielee
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If you want to retire filthy rich in your 40s and 50s, then understand this sooner...
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From age 20-55, do this for atleast 6 months and you'll return wealthier than 97% of people...
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What 260k gets you in the Midwest
This hit the market today. 5 bed 4 bath in Delavan Illinois
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Found this Heinz Ketchup bottle inside the porch of my short term rental.
My house was built 1904/ 1905
Bottle says July 10 1900
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I became a millionaire at 31
Here are 7 habits I wish I started earlier 👇
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I retired at 39
I retired a Millionaire
I worked at a movie theater
These are 6 of the biggest money moves I made 🧵
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I turn 40 today
This took me 39 years to learn
I'll teach you in 4 minutes
Here are 18 lessons I learned the hard way 👇
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I bought this 4 unit commercial building for 65k
It made over 31k in rent last year
Here is a peak inside 1 residential unit
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Current situation in Dallas
They are buying single family properties for 200k-250k. Tearing them down and putting a duplex on each lot. Selling them for 550k each side....
Lots are oversized: and already zoned MF2 in most cases.
I own 2 properties in this neighborhood
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Maturity is when you tell no one about your progress and make moves in silence.
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I am challenging myself to a no spend August
Can pay normal bills, groceries, house stuff.
No frivolous candles, clothing, no new merchandise needed for resale shop
Anyone else care to take a month off from overspending?
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I bought a poorly listed 4 unit commercial space in 2019 for $65k
I collected $31k in rent from it last year
Here is how this played out
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I bought a poorly listed 4 unit commercial space in 2019 for $65k
I collected $31k in rent from it last year
Here is how this played out
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Things I know at 40 that'd have made me a millionaire by 25..
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In 6 months, you can become a superhuman, here’s how:
• Wake up at 5 am
• Exercise for 1 hour daily
• Take a cold shower
• Read daily 50+ pages
• Settle for 4 hrs of deep work
• Take a 20 mins walk
• Bask in the sun
��� Sleep 7-8 hrs a day
What else would you add?
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Nobody got rich with a salary. If you want to retire a multi-milllionaire in the next 5 years, focus on this...
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• Make money
• Invest widely
• Act broke
2023, this is the way.
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Texas
Florida
Indiana
Georgia
Tennessee
North Carolina
Arizona
Mississippi
Colorado
Ohio
These are the 10 US states I'd buy rental properties in.
Any guesses why?
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The scariest place to be is in the same place you were last year. Choose to grow.
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• Make money
• Hit the gym
• Avoid drama
• Repeat
2023, this is the way.
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Just bought piece of land just under 5k sq ft.
Price 👇 $150
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I bought a poorly listed 4 unit commercial space in 2019 for $65k
I collected $31k in rent from it last year
Here is how this played out
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By age 30, 80% of your attention should be about money, family, and success.
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Do yourself a favour, stop telling people what's going on in your life.
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I gave notice 1 year ago today that I was quitting my job
As I walked down the aisle at the grocery store on 12/24/21 I felt a sense of happiness I hadn't felt in years.
Stop killing yourself for a company that will replace you in a day.
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Normalize this by age 25;
• Wake up at 5 AM
• 4 hrs of deep work
• Cook your own food
• Keep your life private
• Spend 1 hr in the gym daily
• Mind your own business
What am I missing?
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Bought this piece of land today
$150
It was this or a nice coach wallet
I thought the land would get me further ☺️
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Texas
Florida
Indiana
Georgia
Tennessee
North Carolina
Arizona
Mississippi
Colorado
Ohio
These are the 10 US states I'd buy rental properties in.
Any guesses why?
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Had a tenant bounce a $400 check on me in 2006.
Then just moved out🤷♂️
Ran into him in 2017 at a restaurant
He was married and doing great
Before I left the restaurant he had ran to the ATM and gotten the $400 without me even mentioning
Glad I was craving tacos 🌮 that day
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I buy neglected and distressed properties
I do the work & make them safe & habitable
I rent them out
Then I am labeled a slumlord on Twitter
Haters are merely cowardly versions of admirers ✌️
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I bought this house in September 2023
Here are the numbers & the before & afters 👇
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I bought this 4 unit commercial building for 65k
It made over 31k in rent last year
Here is a peak inside 1 residential unit
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I bought this house for 25k
It will generate about 11k for me this year 👇
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Texas
Florida
Indiana
Georgia
Tennessee
North Carolina
Arizona
Mississippi
Colorado
Ohio
These are the 10 US states I'd buy rental properties in.
Any guesses why?
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I'm sitting here wondering why this cost $4.65 in Mexico but $14 in Dallas TX
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In 6 months, you can become a superhuman, here’s how:
• Wake up at 5 am
• Exercise for 1 hour daily
• Take a cold shower
• Read daily 50+ pages
• Settle for 4 hrs of deep work
• Take a 20 mins walk
• Bask in the sun
• Sleep 7-8 hrs a day
What else would you add?
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648
Hit the gym + Party less + Upgrade your circle of friends + Avoid drama + Dress well + Make money = Cheat code to life.
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647
If you want to retire filthy rich in your 40s and 50s, then understand this sooner...
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Working 8 hours a day for someone then go home and not work on your goals is the worst way of living.
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I bought a duplex in December 2020 for 35k cash
These are the lessons I learned the hard way with this on 👇
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I hit million dollar net worth by 31 while working at a movie theater
These are the 7 things I did to hit that goal
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I bought this Duplex for 35k in December 2020
Here are the numbers & lessons learned 👇
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I have a friend with a Real Estate portfolio about 10x the size of mine
This is the text he just sent me 🤯🤯🤯🤯🤯
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This is a house I bought for 25k this year
I listed it for rent 6 days ago
This is the progress & feedback 👇
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I've got a wedding in Houston at the end of the week.
Am I the only one that looks at a wedding invitation as a bill?
Gas, gift, hotel.....I'm looking at 1k on the low end.
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In January 2022, I quit my job
I made myself a priority
I stopped letting distractions win 👇
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Amazing things happen when you stop letting the distractions win
A year apart
It's been a fantastic year
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It took me 9 years to learn, but I'll teach you in 2 minutes. Here are 15 uncomfortable truths about life...
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Things I know at 41 that would have changed my life at 25:
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@TheDrugMoney
Yup. Buy one of the $150 lots in Ohio. 😎 already has utilities ran to the street on most of them
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I bought this 1 bedroom 1 bath condo in Dallas TX for $15000
I sold it for $97000
Here is how this played out
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Bought it for 11k
Renovated it for 15k
Rent it for $795/mo
Had 30+ applications on it
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I bought this house in August 2022 for 25k
It was a bank owned foreclosure
It will generate over 10k for me this year
Here is the breakdown 👇
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My 1905 built property is honestly one of the best I own.
And this I feel is a big reason why 👇
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I buy neglected and distressed properties
I do the work & make them safe & habitable
I rent them out
Then I am labeled a slumlord on Twitter
Haters are merely cowardly versions of admirers ✌️
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No alcohol + No news + No sugar + 8 hours sleep + Drink water + Eat protein + Get sun + Work out + Meditate + Chase purpose = Here's how you become a superhuman.
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Working 8 hours a day for someone then go home and not work on your goals is the worst way of living.
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This house sold for 140k back in 2019
You get a lot of bang for your buck in certain markets
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If you want to retire filthy rich in your 40s and 50s, then understand this sooner...
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I quit my job 11 months ago 🤩
Still have zero regrets
These things I wish I realized earlier 👇
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@BarryMilligan8
You can buy a lot w utilities ran on it for $150-$300 in Toledo. I tweet about this often 🙌
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This is the best property I own.
I cashflow 641$ a month from this one door
The power of building wealth through Real Estate makes you unstoppable
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I just bought this house 🏠
It's the ugliest one on the street
It's in the best school district in town
And it's going to look fantastic in 4 months 😍
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May 2023 Game Plan:
• Make money
• Hit the gym
• Avoid drama
• Repeat
You ready? 🙌
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I bought this property in May for 25k
It will produce over 11k in income next year.
Let me break it down for you 👇
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Spent $200 on an Ikea Countertop
Spent $300 on tile
Spent $300 on sink & Faucet
Spent $80 on a can of paint
Spent $1.79/ sq ft on flooring
Small inexpensive upgrades can set you apart
Ready to start?
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2. Master the art of self-discipline. Get up early, work long hours, and face your problems head on.
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I bought a poorly listed 4 unit commercial space in 2019 for $65k
I collected $31k in rent from it last year
Here is how this played out 👇
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38
515
Things I know at 40 that'd have made me a millionaire at 21...
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