75% of people don’t work towards any long term goals.

Going through the motions to get paid next Friday, pick kids up from school, a few beers on the couch each night.

It’s a great way to watch 10 years pass without growing as a human at all.
Didn’t think I’d get so much heat for this one.

I’m a privileged jerk! Unfollow me now!
Side note:

Twitter is the most fun between 1-10k followers.

From there the opportunity goes up and the enjoyment goes way down
After more thought and consideration, I stand by this tweet.

I’m going to be myself here.

And I strongly believe too many competent people get the golden handcuffs, get comfortable, and spend 30 years going through the motions.

My point:

Don’t let it happen to you.
Stop and think.

Are you doing anything to move your life forward or are you comfortable, complacent, and staying where you are?

If you like where you are, that is great.

If you don’t, make a change.
A change almost always involves doing something not-fun now, delaying gratification, and working at something.

But if you want a better life, it has to be done.
You don’t have to have anything to want and work towards a better life.

But still most people accept where they are, spend every dollar and more on consumer needs / wants, never own a single asset, and then die.

Don’t hand your kids that mindset.
And you don’t have to start a business or go to university to “grow”.

It could be as simple as cutting off a bad influence and going to try to make new friends.

Or getting into a new healthy hobby.

Or applying for a few new jobs.

Just put yourself out there.

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More from @sweatystartup

24 Apr
A career is like a series of games.

The key to winning is taking a step back early on and figuring out which game is worth playing and which one isn’t.

Too many people play the wrong games with stiff competition and shitty prizes and wonder why it’s hard af to get ahead.
How do you assess what games are worth playing?

Is your goal to make money and so you can quit trading your time for money as soon as possible?

Then ask yourself a series of questions:
Is this game fun to play?

If so, you’ll get a lot of people playing the game for fun and not for money.

And it likely adds value to you and doesn’t add much value to others.

People play it for selfish reasons.
Read 16 tweets
23 Apr
A thread on how to turn $100 into a lot more:

People are spending a lot of money on their homes right now. Its time to go get some of that money and help out some of these people.

Sound silly? Good.

It really is this simple sometimes.

Lets go 👇
Get on your computer and buy a web domain.

Get a freelancer (upwork or fiverr) to make you a logo/flyer and get $45 worth of flyers printed at your local print shop.

Buy a box of sidewalk chalk if you really want to grind and get gritty.
Go downtown with the sidewalk chalk and write “pressure washing and home cleaning 888-555-1234” as many times as you can in high traffic areas.

Go to a middle class or high end neighborhood and hand out flyers on porches and wherever else.
Read 18 tweets
22 Apr
3.3 million square feet of self storage was developed in greater NYC over the last 12 months.

Self storage under construction or in planning equal 17.7% of current supply on the market.

The amount of new development right now is insane.
The reason is simple:

The appetite for storage from institutional investors has never been stronger.

These developers are 2xing their money when they sell at certificate of occupancy.

We’re talking 4.5 caps on pro forma numbers.
Lease it up 50%?

4 cap on pro forma and a few more million.

Fully leased group of 4 properties in major metros?

3 cap and under.

Insane debt terms too on the commercial markets.
Read 6 tweets
21 Apr
If you tuned in for the webinar that @fortworthchris and I hosted a few weeks back, you know how big of a deal he is when it comes to real estate.

Tomorrow we're hosting a live AMA using a pretty neat software that allows you to get in line and ask a live question.
Here's the link to register and tune in:

hotline.co/nickhuber
Here's what to expect as far as format goes:

Read 4 tweets
20 Apr
The storage business isn’t always fun and definitely isn’t sexy.

We bought this 185 unit portfolio at public auction in October of 2019. 140 units were abandoned and not paying.

We were handed paper ledgers and leases (some 20 years old) at closing.
We paid $632k ($25.80 / sf) and bought it at a public auction.

It had $3,368 on the rent roll at closing.

We spent a week preparing for and organizing a public auction of the units. We got all the units cleared, cleaned, and ready to rent.

We sent auction notices to every customer (using the best information we could find online or in the records).
Read 8 tweets
15 Apr
Want to make a lot of money without a new idea?

Find a business with:

A: a fax machine

B: a lot of profit

Buy one of those businesses.

10,000 Americans retire every day and they own the businesses that make good money in your home town!
The thing about small businesses:

The 20-30 yr olds aren’t interested in them. They’d rather go start a social media app or the next software company.

We have a serious shortage of folks who want to operate good old fashioned businesses.
There is a major shortage.

And every business out there is overloaded with work.

So if you answer the phone, do some basic digital marketing, and work hard to hire and train employees, you can make a few hundred grand a year with absolutely no innovation.
Read 6 tweets

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