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The Frugal Mogul 🏡

@realfrugalmogul

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Building wealth one property at a time. Showing you the way by live tweeting the ups and downs of real estate investing. Buckle up and follow the journey!

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Joined October 2011
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
23 days
Sept. Net Worth Update: 🏡Primary Home: $320K (net equity) 🏘Inv. Real Estate: $497K (net equity) 📈Retirement Acc: $235K 📈Investment Funds: $112K 🚗Vehicle: $5K 👨‍🎓Student Debt: -$17K 💳RE CC Debt: -$18K Total: $1.135M +5K from Aug Goal = $2M Completion = 56.73%
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
6 months
@RosserJobs Never take the rebuttal. There will be animosity and expectations with that big bump at the same role. Thank them and give your notice.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
6 months
@sweatystartup No money in the world can replace the love of a wife and your children. I bet that firm’s partners are on multiple marriages and do not have great relationships with their children. That is not the best way to enjoy our one ride on this earth.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
9 months
Recently exchanged job 1 for job 2: Job 1: $133K Director level Fully in person with 1+ nights weekly 9 direct reports Stressful Job 2: $120K + 5% match + 5% pension Senior Analyst level 4 days remote, 1 in person 0 direct reports Not stressful Good trade?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
7 months
This was peak technology when I was growing up
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Would $2.5M be enough for you to quit your day job forever?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
15 days
@Co11egeLandlord Would have made him pay more. 15 feet is a lot of property!
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
5 months
We lost my dad today. Exactly 5 months from the day he fell at work and suffered a spinal cord injury. He fought for his life until the very last moment. My brother and I were holding his hands. The waiting room was packed with family. He was a loved man ❤️‍🩹
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My uncles, who I provide business consulting to, asked me for a presentation on real estate 🏡 vs. stocks 📈 investing. Here’s the summary of my presentation 👇
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
How “normal people” turn into “wealthy people” within one generation: Year 1: 🏡 Year 3: 🏡🏠 Year 5: 🏡🏠🏡🏠🏡 Year 10: 🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠 Year 30: 🏡🏡🏠🏡🏠🏠🏠🏡🏡🏡🏠🏠🏡🏡🏠🏡🏡🏠🏡🏡
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
9 months
@RealEstateMaxi Spiral staircase and turn that bad boy into an office!
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My five homes 🏡 are currently worth $1,825,000. Assuming 3% appreciation, in 30 years they’ll be paid off and worth $4,430,000. Some people will read this and say: “what about the roofs you’ll have to replace?” I just told you about $2.5M in appreciation. Roofs are $10K…
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
21 days
When your employer does not understand that only millionaires drive 2002 Toyota Corollas
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My four rentals generate $9,500 in gross rents today. Assuming 3% annual rent growth, this will be $23,000 monthly in 30 years. And the rentals will be paid off. I built my own pension…
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 years
My real estate goal is simple: $10,000 per month in positive cashflow. That is what I need to “retire” the 9-5. I’m at $2,200 now. 20% there! 🏡💰
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 months
@realest49919420 It is tough, brother. You work hard to provide, and you work hard to be present. Somehow, neither effort ever seems to be enough. It may not always seem like it, but you are the world to your family. Even if they never say it. You are. Sometimes knowing that is enough.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
How “normal people” turn into “wealthy people” within one generation: Year 1: 🏡 Year 3: 🏡🏠 Year 5: 🏡🏠🏡🏠🏡 Year 10: 🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠 Year 30: 🏡🏡🏠🏡🏠🏠🏠🏡🏡🏡🏠🏠🏡🏡🏠🏡🏡🏠🏡🏡
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
7 months
@DecadeInvestor Tyler should buy a used Corolla cash and invest $700 per month in index funds. Tyler will soon be a millionaire
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
If you were offered $1M (tax free) today, but you had to give up your current career immediately and could never return, would you take the “buyout?”
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Real estate 🏡 is much cheaper today than it will be 30 years from now. Yet, you’re still waiting for the “dip”
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Buy vs. Rent Say you buy a house today with a 30 year mortgage. Here’s your mortgage payments by decade (+ taxes and insurance): 2023 = $2,000 2033 = $2,000 2043 = $2,000 2053 = $0 Now let’s say you rent today instead: 2023 = $2,000 2033 = $2,687 2043 = $3,612 2053 = $4,854
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
We cut cable We quit take out We stopped dry cleaning We bought affordable cars We cancelled subscriptions Then we waited 2.5 years and had a little over $40K saved Then we used every single penny to buy a home that had been foreclosed for 3 years Today they say I “got lucky”
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 months
Could you retire immediately if someone handed you a $2M check today?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
If my bank goes bankrupt does that mean my mortgages are voided and I now own the houses outright? If depositors lose their money, the bank must also lose theirs, right? 😂
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
I own four single family rentals and I manage them myself. Here’s a summary of my month as a landlord so far 👇
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Built in 1880 and still raking in $2,800 in rents. Because… real estate 🏡
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
Me: I own $1.85M in real estate. Haters: But how much do you owe on them? Me: $1.35M Haters: Brah, you don’t own nothing! Bank owns that s*t… Me: Oh. What is your net worth? Haters: -$100 Me: 🤷‍♂️
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
10 months
My dad had a fall at work today and the doctors are saying he may never walk again. Please say all the prayers so that God’s angels may intervene. I am in the ICU with him now. He is 68 and has so much life and energy left 🙏
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
If you inherited a rental today that is worth $300,000 and is completely paid off and gives you a profit of $2000 per month. Would you sell the home or would you keep the home?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
11 months
It happened! Four months ago I quit a job where I was making $135K The job was slowly killing me (stress and anxiety) and taking away from family time Today I finally accepted a job for $120K. With 4 days remote and a MUCH better work life balance. Money isn’t everything! ❤️
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Sellers are listing properties as if interest rates are still 3%. Should be interesting to watch this real estate 🏡 summer season
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
Say a property is worth $350K when it’s all fixed up Say it needs $50K in repairs Say you buy it for $230K then repair it for the $50K Now it’s worth $350K and you’re all in for $280K Now cash out refinance at 80% LTV You leave $70K in equity Cash out your $280K Free 🏡…
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 month
- School lunch should be free - School lunch should be healthy
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The Frugal Mogul 🏡
@realfrugalmogul
1 year
My real estate 🏡 goal is simple: $10,000 per month in positive cashflow. That is what I need to “retire” the 9-5. I’m at $2,500 now. 25% there! 🏡💰
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
Me to my Dad: Hey dad, you moved us to 🇺🇸 when I was 12. You have now been working hard jobs for the past 25 years. Any regrets? Dad: You have a beautiful family, an MBA, a good job, 5 homes, and still growing. That was my “American dream” for you I am not “self made” y’all
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
4 months
Was this peak technology in your youth also?
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The Frugal Mogul 🏡
@realfrugalmogul
15 days
@Co11egeLandlord Having a good relationship with your neighbors is infinitely better than any sum of money 💸
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
11 months
My vision of financial independence is not a brand new car and a huge house. I want a comfortable property where I can start a small homestead to enjoy time with and feed my family heathy, homegrown items. That is my “why:”
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
📈If you buy $50K worth of index funds and the market goes up 10%, you made a cool $5K (10% return) 🏡If you put $50K down on an investment property worth $250K (20% down payment), and that property goes up 10%, you made a cool $25K (50% return)
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
I drive a $5K car 🚙 I tweet on an iPhone 7 📱 I own $2M worth of real estate 🏡 These facts are directly correlated ♻️
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
My wife sees my monthly net worth updates (pinned tweet) and she always says… “you brag about $800K net worth and simultaneously remind me that we are under water in the budget?” Yes, dear. They’re directly correlated…
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
If I buy zero more assets starting today and die in 50 years, my two children will inherit 5 rental properties worth $8.4M that will generate $55K in monthly revenue 🏡
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Imagine owning 20 paid off properties? It starts with one. 🏡
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
For $300,000 you can buy an asset that generates $2,600 monthly for infinity And the $2,600 gets adjusted for inflation And the underlying $300K appreciates in value And you have lots of tax benefits And you only need a fraction of the $300K to get in Because… REAL ESTATE!
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My rental properties are valued at $1.4M today. I bought them with 80% leverage and tenants are paying my mortgages (plus some extra). In 30 years they’ll be paid off and worth $3.4M (assuming just 3% annual appreciation). THAT is the power of real estate 🏡
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My real estate goal is simple: $10,000 per month in positive cashflow. That is what I need to “retire” the 9-5. I’m at $3,000 now. 30% there! 🏡💰
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
When I turned 35 I had zero rental properties. This month I’m turning 38 with four rentals. I’m hoping to retire at 45 with at least fifteen doors. Ten years and a powerful shift thanks to 🏡
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
As you all know I gave notice at my job in December with a resignation date of June 30. My current job pays $135K. I just landed an interview for tomorrow for a less complicated job that is three or four days remote paying $150K. Send positive vibes!
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Say a property is worth $350K when it’s all fixed up Say it needs $50K in repairs Say you buy it for $230K then repair it for the $50K Now it’s worth $350K and you’re all in for $280K Now cash out refinance at 80% LTV You leave $70K in equity Cash out your $280K Free 🏡…
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
11 months
When I turned 30: 👫No kids 🏡No property 📉Negative net worth This month I turn 39: 👨‍👩‍👦‍👦Two kids 🏡Five properties 📈$750K net worth (see pinned tweet) Still another year ahead for continued improvement before turning 40 Lesson learned: It is never too late to start!!
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Adulting is waking up 30 minutes before the rest of the house just to have coffee in complete silence before all hell breaks loose
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
I was applying for financial analyst gigs in the $130K pay range and was getting no calls. Then I started applying for comptroller roles in the $170K-$200K and I’ve received four calls. Guess I was fishing in the wrong pond…
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 years
After multiple recommendations here, I am finally reading The Alchemist. Absolutely hooked! #PauloCoelho
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 month
@DecadeInvestor They need to sell the tank they’re driving that requires $600/m in insurance
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
If you have a safe and comfortable dwelling and a meal tonight, you’re wealthy.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
I make $135K and resigned from my job so that I could spend more time with my family. I need to find a new role by July 1. The current job offered $155K for me to stay. I politely rejected it. Why? The extra $20K bought me zero more time with my family. Know your priorities.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
7 months
Just discovered that Charles Schwab has an S&P ETF at .02% expense ratio, which is 33% cheaper than VOO 🤩🤩🤩
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 years
My real estate goal is very simple: $10,000 per month in positive cashflow Then, I “retire” from the 9-5 I’m at $2,300 now Almost 25% there! 🏡💰
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
6 months
Instead of taking employees out to dinner, give them a gift card to take their own families out instead. They don’t want extra time with work colleagues.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
I have five mortgages and every month my wealth grows by $2,241.78 when they’re paid. Few will understand
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
4 years
@markallanbovair What scares me to the core is an unhinged person with absolutely zero checks and balances and a taste for mayhem. I get what you’re saying about freedom, but it’s about time someone said enough is enough.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
14 days
You have $100K. Which would you do TODAY: A) Invest in S&P index fund B) Buy a rental property No option C available. Must pick from above choices!
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Tax benefits is one of the less discussed pillars of real estate. We often mention it without further elaboration. Here’s the transcript of a recent exchange between me and my CPA: //Thread//🧵🧶 👇
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Best advice I wish I had when I was in my 20s: 1) Buy a house with 3.5% down 2) Invite your friends to move in and pay you rent 3) Live in this house for 12 months 4) Move out and rent out the entire house 5) Go back to step 1
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 months
@AdultingIsEasy Well, she can buy an S&P index and pay .03% and beat an advisor 90% of the time. Tell her the Frugs said so
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
I am resigning from a 6-figure municipal job to focus more time on my family. My blue-collar parents do not understand. But, this is thanks to them. After multiple generations of doing anything it takes to survive, I’m the first to be able to demand better. We’ve “made it.”
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Do not buy real estate while broke. Do not buy real estate while broke. Do not buy real estate while broke. Got it?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
📈Started working at 15 as a busboy 📈Became youngest GM in company history at 21 📉Was arrested by immigration at 21 📉Fought deportation for 3 years 📊Went to college at 25 📈Started finance career at 29 📈Became Finance Director at 31 🏡Bought real estate at 35
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My four rentals and one primary home will be worth $4.6M in 30 years. It took less than $250K to get into them. Yes, real estate really sucks
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
PSA: if you leased you car in 2019 or 2020, you can exercise the buyout clause on that lease at 80% of what that same vehicle is selling for today. Your dealership is PRAYING that you don’t figure this out. Now you know.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My Profile: 👨‍👩‍👦‍👦Married dad of two 🇧🇷Brazilian born 🚔Once arrested for being undocumented 🇺🇸Now an American citizen 👨‍🏫First college grad in my family 👨‍🎓Now MBA 🏦Now Finance professional 🏡Real estate investor x4 💰Financial independence enthusiast 📈$600K net worth
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
If I gave you $1M today, would you quit your current job?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Feb. Net Worth Update: 🏡Primary Home: $234K (net equity) 🏘Investment Real Estate: $221K (net equity) 📈Retirement Acc: $83K 📈Investment Funds: $70K 🚗Vehicle: $5K 👨‍🎓Student Debt: -$25K 💳RE CC Debt: -$1K Total: $587K +$10K from Jan. Goal = $1M Completion = 58.7%
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Today I left the house at 8 AM and came back at 10:30 PM. Today I saw my kids for 2 hours in the AM and saw my work colleagues for 13+ hrs. This is why I am exiting this field.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My tenants had 10 maintenance issues within their first 30 days. I was embarrassed. Yesterday, they wrote me this: “We are BEYOND THE MOON about having a landlord who cares so much about our home. Thank you for being so responsive!” Mutual respect goes a long way, y’all.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
7 months
I have been tracking my spending monthly for the last 5 years and can attest that the price of groceries are at least 50% higher than pre-COVID
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 years
I day-traded for 16 years and got absolutely nowhere. With only 5 years investing long term, I have built the net worth listed on my pinned tweet.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
A property purchased for $300,000 today that appreciates at just 3% annually will be worth $730,000 in 30 years. That’s $430,000 in appreciation that you’re reluctant to get because you’re afraid of a $250 service call for a clogged toilet… PS. Toilets don’t clog very often
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
7 months
How Wealth Works: Year 1: 🌱 Year 2: 🌱🌱 Year 5: 🌱🌱🌱🌱🌱 Year 10:🌳🌳🌱🌱🌱 Year 30: 🌳🌳🌳🌳🌳🌳🌳🌳🌳🌳
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
16 days
Twitter Bro: “Dude, you’re such a peasant bragging about your $1.1M. That’s like $200K now” Me: Oh. What’s your net worth? Twitter Bro: “I don’t track that bruh, it’s meaningless.” Me: It’s negative isn’t it? Twitter Bro: “Whatever, man…” Me: Nice talk 👍
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 years
I’m not a millionaire yet, but I own this much in real estate: 👇 $1,857,000 As long as they stay rented and mortgages are paid, it’s just a matter of time ⏳
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
I make $135K and resigned to pursue a hybrid position. I have now turned down two $155K roles because of they are 100% on site. You’ve got one life to live.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
“Bro, $1M is nothing there days.” - Joe, $20 net worth
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 years
$1,427,785 That’s the total value of my little real estate 🏡 empire. Just a regular dude, with a regular job, saving money and buying property.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 months
@FluentInFinance That’s a good haul. The mayo and the paper towels would be $100 at Whole Foods
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
4 months
I’ve noticed a trend: 99% of the people who think renting is financially better for them are… renters.
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
6 months
Please say a prayer for my dad everyone. Complications from his spinal cord injury is forcing him into emergency surgery and the doctors keep saying this is a very high risk procedure. Would love your positive thoughts ❤️‍🩹🙏
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My dad had $6K hidden in a sock 🧦. We finally convinced him to invest it and make weekly contributions. This was October 2018. He had $6K saved then, now he has this 👇
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My dad has a fourth grade education and delivers pizza for a living. In late 2018 he started contributing $250 weekly to an investment account. Today he worked a 12 hour shift and made less than $200 at work. But his portfolio? Well, see for yourself 👇
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
March Net Worth Update: 🏡Primary Home: $252K (net equity) 🏘Investment Real Estate: $253K (net equity) 📈Retirement Acc: $78K 📈Investment Funds: $64K 🚗Vehicle: $5K 👨‍🎓Student Debt: -$25K 💳RE CC Debt: -$3K Total: $623K +$37K from Feb. Goal = $1M Completion = 62.3%
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Smallest house, oldest car, highest net worth 💪
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
My “soft retirement” will probably be quitting my busy 9-5 to go teach as an adjunct professor at a community college. Hoping they’ll pay for health insurance and I can have summers off to travel with the family. What would a soft retirement look like for you?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Buy five real estate investments Wait thirty years You’ve created generational wealth ✅
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
6 months
How do we feel about this - agree or disagree?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Would receiving $1 million today change your life significantly?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 months
@raisingpatriots @dom_lucre But 92% of Jamaicans are from African descent………
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
Imagine if your family had 30 rental homes that your grandpa bought fifty years ago. I’ll be that grandpa
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
1 year
I gave notice at my job in December, giving a 7 month notice (common in K-12 administration). My goal is to find a hybrid of WFH role in the private sector, at least breaking even ($135K). I just scheduled my first interview for a fully remote role paying $150K-$170K Let’s go!
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
2 years
You’re hanging out with your best friend and they suddenly get super serious and say: I’m in a tough spot and really need to borrow $1,000. I’m not sure when I’ll pay you back, but I will. What’s your response?
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
3 years
I listen to Dave Ramsey a lot. He wants 25% down, 15 year mortgages and payments no more than 1/4 of your income Under those parameters I would never have bought my primary residence and would still be renting Instead I have $433K in 🏡 equity today… not all advice is great
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@realfrugalmogul
The Frugal Mogul 🏡
@realfrugalmogul
5 months
@thewealthdad Imagine retiring when the children are still somewhat young and you are still healthy enough to enjoy life? Now imagine that being so rare that people doubt it is actually happening. I want what this guy has!
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