I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
You choose...
|
Codie Sanchez, an amazing lady, building millions in boring businesses says it clearly. Your salary will never set you free. Your financial freedom can only come through ownership. More specifically, through equity done the right way She believes in boring businesses. I may try one day. I believe in making real estate a business. I propose you a very simple offer. That you take a look to my philosophy about real estate. It’s easier than you think. It just takes some work. Hard work I would say. But waking up every day at the hour you’re told, is some work. Some days, hard work. Wearing what you’re told is some work. For me… really hard work. Heating your chair with you *ss every day, minimum 8 hours, is also hard work. Waiting for a promotion or a raise that covers inflation is also hard work. You choose your “hard”. Buy cheap. Renovate. Hold or sell. Finance strategically. Be smart about taxes. Simple. Still, many will wait and hope for a raise. Even you can make money in real estate. 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 👇
A terrible clause about Force Majeure. A lawyers’ money-making machine with the definition of “Substantial regulatory changes” A few days ago, I had the opportunity to discuss common flaws to PPP contracts. Lawyers can be really good drafting millions of pages. They have no idea how real people deal with those pages in a day to day basis. That was the conversation I had with a student of the mentorship. 5 clauses. 5 headaches. Easily avoidable. The clauses, the potential solutions, together...
Despite being on a Saturday, I received a few emails asking about yesterday contract! Look… I have plenty of examples. Yesterday, it was a PPP in the Philippines… but I’ve been working on a few others PPP project. A fantastic example with nice clauses that are less bankable than a PPP for a data center in North Korea. Kenya. A known highway. The Review Procedure. “Disagreements will be discussed” Literally. Good luck with getting a solution. Discussing can be the more frustrating of...
These days I’m enjoying some interesting stuff. There is a clause. In particular, 13.3 of a project agreement. “Foregone Toll Income & ‘Mutual Agreement’ Extension”** I love the title. It deals with cases where the government prevents the toll road from charging the approved tariff. Then, if this happens, logically for political reasons… The government must either: Compensate the monthly Foregone Toll Income, or Grant a Concession Extension, the duration of which must be mutually agreed If...