All Forum Posts by: Aaron Hunt

We all have our goals, some even are established from an earlier age in life that still linger on. I think identifying those plays a large role in happiness.

I wanted a FastTrax remote control car growing up. Never got one cause they were so damn expensive. So, I became "content" when I spent 60% of my take home annual salary and bought a used BMW M3. (I was earning well under $75k at the time). Cared more about that then when I bought properties.

It sounds ridiculous looking back, but my father's desire growing up was wanting to have a frikkin electric lightbulb of his own that he saw in a neighbors house in his village. That is what he wanted in this lifetime. He now owns residential and commercial property here in the US, and has been financially free for over a decade but still works 4.5 days/week.

Knowing you were going to receive a pension someday, how much did that affect your investment and lifestyle decisions?

Were you more aggressive because you knew you'd have that to fall back on? 

Knowing how much money you have now, and it's more than you really can need or use, would you have opted to just retire earlier?

I have recently signed a contract with deferred compensation (pension plan) in place so these are the questions I'm trying to answer for myself to have a plan in my mind.

Not FI. Won’t be FI for a very long time. Positive net worth though. I think that’s some sort of achievement these days. 

I’m currently leveraged to the teeth, but my earned income is a huge buffer. I also like the constant pressure of being leveraged. Keeps my mind active.

Regarding FI, I have no problem paying for my home, living expenses, while working my day job. I enjoy my career.

The three things I want to be financially independent of is my car payments, first class travel and UberBlack/SUV. I want my investments to cover the cost of these three things in my life. 

Anything beyond that is gravy to me. I suspect because I am relatively aggressive in terms of investing there may be more gravy then I know what to do with at some point down the road.

Thoughts are in the original thread...

https://www.biggerpockets.com/forums/311/topics/558136-zillow-announces-plans-to-flip-properties

How much did you net on your first flip?

Man, you must be the Dougie Howser of real estate. Be lookin like you found the fountain of youth.

Personal Capital already can track your real estate value and consider that into your assets/net worth. Can pull the numbers from Zillow's zestimate or you can manually enter them.

I don't like tracking my budget day to day; it's depressing. Kind of like wearing a watch and watching your life tick away...

Doubtful man. There's no bidet.

Advice to landlord: Find civilized tenants.

Advice to tenants: Stop smoking, get neutered, and find new landlord.