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Message to real estate active investors
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This week I’ve been quite busy. Just launching into the market two new short-term rentals. Looking at the dishwasher, some furniture, attending the internet technical guy… things like that. I could probably delegate all this, but sometimes, you want to be on top of everything. Why do I do this? Why, would you ask. ​ Because I like it… and because I do believe that money is important. Very important. You may like it more or less, but 99% of the decisions you will make in the future will be influenced by the money in your wallet. Or maybe 99.99%... I could be wrong with the decimals… ​ Where you live, how you live, the number of generic brands in your fridge, and the school your children attend will depend on the money you manage. ​ Now, I’m not saying it should be the center of your life… its importance is just only a little below the air you breath… But it is certainly a huge help in keeping the real center running smoothly. ​ So, wouldn’t it be a better idea to establish a healthy relationship with money and make an effort to understand how to save it, invest it, or generate it? ​ I’d say yes. ​ But that’s just my opinion. ​ Money is not your enemy. It’s not the devil. It’s not a spiritual obstacle. ​ What I’m trying to tell my young child is that, on the contrary, money is a wonderful universal agreement. A beautiful way to acknowledge the value received and given. ​ And ignoring its importance is denying both our era and human intelligence. ​ I insist—this isn’t about obsessing over money, but about understanding and integrating its relevance in the times we live in. ​ Otherwise, you should have been born earlier—or later. ​ That said, there are a thousand places that can help you grasp this idea, and nine hundred and ninety-nine of them are probably great. ​ But this one (which happens to be mine, and which I proudly and happily invite you to buy) is too. ​ Do you want to know why I’m doing short term rentals? ​ The answer, below. ​Even you can make money on real estate - Price $14.90​ ​ ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. ​ ​ |
Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
Eastern Europe. Late 2000s. If you are old enough, you can feel the context. A massive highways PPP. Toll road. Billions in capex. One of those “nation-building” projects politicians love to parade in front of TV cameras. You can smell now the country… Your consortia are seasoned. Anyone knowing how to pour asphalt on top of something lined up. Your lenders are aligned. Your traffic advisors have gone blind staring at stochastic models. Everyone is gearing up for a clean, competitive...
I buy houses, apartments and buildings from 20.000km distance. In Spain, Panama, New Zealand… and I can stay anywhere. Of course, I don’t recommend that for you. Some people want to push globalization too much. Having assets in London, NY, Madrid, Singapore, Sydney, etc. at the same time is not good for your health, nor your pocket. You miss specialization. You miss learning and knowing well a market. When bidding PPP projects, I have seen successful bidders doing so from the distance....
It happens a few weeks ago. “Tell me about Madrid and Spain, how do you do it? I heard a business case that Madrid has been able to deliver the cheapest tunnels in the world…” I did not know about that case, but my answer was simple: “Do you know how many TMBs had Madrid at the time?” Look. If you want cheap infrastructure, create a pipeline. Madrid had during more than 10 years between 7 and 8 TBMs (the machines to make tunnels in engineering slang). They are extremely costly. So, they...