We're Retired.
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- čas přidán 12. 08. 2018
- All the juicy details to come, but we just wanted to announce "WE DID IT!"
We closed on the refinance of our 9 unit warehouse last week, just in time to "retire" before my 31st birthday.
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Wow!!! Way to go, you two! This is incredibly inspirational and motivational. Thank you!
So happy for you guys, congrats! Keep sharing you journey
This is awesome!! Congrats and thank you for taking us with you on this journey, its lovely to see it has all paid off and worked out for you guys!
Your job is a landlord now
Property management does the work
Even of they choose to be landlords. I rather do that than be a slave to some random company!
Jeiby Vizcaino And now they’re a slave to people not paying rent on time! Look up rental nightmares and how people destroy the place before getting evicted.
@@jillianmcallister1012 wow just because you've read nightmare stories it doesn't meant it happens to everyone. If you have a proper vetting process you can reduce your risk. I know investors that own properties in the hood in Yonkers NYC and they have 100% occupancy rate with section 8 and regular, and he deals with minimal issues still worth it.
He dont do it! Stay away lol
More property for me.
Jeiby Vizcaino I have rented out property and I have vetted out renters and I still got fucked over. “It won’t happen to me!!!” Is very immature thinking. Being a landlord is great until it’s bad
Congrats you two! Looking forward to that video.
congrats guys, pretty sure i've been following you since close to the beginning. very inspiring to see how far you've come
Indeed you have. I actually remember seeing you subscribe. Our sub count must have been low enough that I actually checked it every day ;)
I completely agree with this statement.
I was literally just talking about you guys today. I had shown my uncle your initial warehouse video on what great idea it was. Congrats on your accomplishment. I know you guys sacrificed a lot along the way. Good luck in your future endeavors.
Congratulations! I always had complete faith that you would be successful and also happy. Nice going.
AWESOME! Congrats you two. Been great following along.
Congratulations guys. I know you worked really hard to get where you are. Everything from here on out is in your control. Continue to be productive, generous, and helpful as you have always been.
📣Congratulations! Your documented journey and accomplishments will continue to inspire many people.
Congrats you two! Been following you since just about the beginning and super happy for you both!
I'm so happy for you. Lots of us are better because of your creativity, work and sharing. Thanks for sharing your tips and your lives with us!
You’re too kind, thank you!
Congrats! Was waiting patiently for an update.
Congrats!
Thanks Ling! I appreciate the love!
Congrats ... well done, and happy birthday when it comes :)
Congrats guys - enjoyed watching the journey and looking forward to seeing what is next
This is amazing news! You two are an inspiration to the rest of us that it can be done! All of your hard work and perseverance has paid off! Congratulations to the both of you.
Congrats guys. I can only dream of being as committed as you are. You deserve it!
Congratulations !!!!🍾🍻🍾
Too cool! I'm so excited for you guys!
Inspiring! Well done! Enjoy the fruits of your labor!
Well congrats on that milestone! That's huge!
Congrats guys! Thats an awesome milestone, keep it up!
Congratulations guys! You are a huge inspiration even to older folks like me. A big part of my early retirement 2 1/2 years ago was because of your advice and encouragement. You have worked very hard for this and deserve it.
Congratulations! So refreshing to see people working hard for valuable, meaningful things in their lives.
absolute legends, really look up to you guys
Yaaaay! CONGRATULATIONS! I'm so very happy for you both on achieving F.I.R.E.!
Looking forward to more great videos on the subject in helping others achieve this same and very possible goal.
Great job guys! I knew you could do it. Can't wait to see what's next!
HOLY CANNOLI!!! Congratulations you two!!! 🎊🎈🎉🍾 that is so incredible and I’m totally looking forward to seeing your future play out. Love you guys💚☘️
Congrats guys! Looking forward to hearing more about what you're up to :)
Such a motivation and one of the channels that pushed me to start mine and my wife’s goal to become FI! Congrats guys!!! Well deserved!
That's so inspiring!!! I've been following y'all for awhile now and it's really cool to see how far y'all have come :)
Congratulations! Saw your 2015 video, and now here you are :)
Congratulations!!!! 🎉🎉🎉🎉
excellent information.. and good for you!!!! Congrats - inspiring for everyone to watch and take notes on how they can do this too.
Wow, congrats guys! Love how your goals are fluid and flexible
Congratulations!!! Had a late start but ultimately will be there one day. Thanks for the great videos!
Congratulations!! I can hardly wait to see the break down video of how you made all of this happen! Good Job!
Congrats you 2! That is so awesome! Amazing story and journey.
Congrats guys!! 🎉🎊🎈🍾
Wow... just wow!!! 😮 congratulations
Wow!!! Congrats!! Been watching for like two or so years! Ya made it!
Congratulations and thank you for the inspiration and good vibes.
I just don't understand how a $480,000 9-unit warehouse could generate $100,000 a year. That's an easy 20% return per year. That just doesn't seem right. Why would anyone ever sell this warehouse if it had such potential? Why would anyone ever invest in anything else besides warehouses?
Well that assumes that all the units will always be rented which won't always happen. And also I dont think that includes maintenance and future issues of the building
Exactly my point. So I think the figures are just a bit disingenuous, right? They're planning their life around these estimates which are as optimistic as you can get. Seems ripe for failure.
The $100K is after the improvements and deferred maintenance. Those things combined with being at the right place at the right time when the seller was wanting to move on and it's a story that's not uncommon. You really need to go on the current Yield to see if what they are doing is worth it. Whether it's worth selling or keeping. Going on the current value estimation of $850,000 @ $100,000PA the gross Yield is 11.8%. Fairly typical of a commercial property. Good solid keeper but not spectacular.
Exactly what I was thinking. $480k property appreciates 77% after one year, and generates 100k in annual income. They really hit the jackpot with this warehouse.
yeah, so it would be worth 30 mil? Not happening
Congrats Guys...very happy for you.
Congratulations. That is amazing news. It's not exactly Costa Rica, but wow, that is an amazing amount of independence from just one property.
And on a completely random other note - Mike, I can hardly see any sign of your injury any more. Which is also great!
Wordsnwood (Art Mulder) Cash flow is king!
Thanks! Yea, slowly but surely it's fading.
They can afford to live in Costa Rica.
Congratulations you guys! This is so inspirational!
Congrats and happy almost birthday
Well done! Looking forward to more videos on how you pulled it off.
That is is awesome! Hope to see a lot more videos from you two.
I been following u guys for awhile. Congrats!!!!
Congrats to you both!🎉 So inspiring!
Congrats guys! Hope to see more videos of the travels :)
Felicidadez! I'm so proud and happy for you and your family.
Congratulations! Live well and enjoy your family!
Congratulations! I am excited for you. I was wondering how you were doing after getting the warehouse, and I am glad it turned out well for you.
Congrats guys. Awesome work. Enjoy the kids and retirement.
Congratulations 🍾🎊🎈🎉
Very inspirational !! Congrats Guys !!
Great work guys! Congratulations!!!
Congratulations you guys, have an awesome week, Andreas from Off Grid Sweden 🇸🇪
Just incredible. High five indeed! :) Looking forward to more adventures Mike & Lauren! Rock on!
Awesome and when the building is paid off you will be really be bring in the dough.
so happy for you guys! All the best
Wow!!!!! Your hard work and smart thinking paid off! Congratulations!!
Sweet! Nice work guys!!!!
Way to set and reach a goal. Congrats
MAZAL TOV!!! So excited that you all have this security and excited to see what's to come :)
Whoot! Congratulations guys! Been following you two for awhile. FI before 31! Wife and I are working on getting there too.
awesome! So well done! Congratulations, guys!
Oh my gosh! Thanks for sharing!!!! Good job I’m so excited for you guys!!!! 😁
So happy for you guys. Believe it or not you are my inspiration. I’m sure your days are not always perfect and still you are always smiling. Well done an if you ever come to Seville, here you have a fan glad to show you the town!
Congratulations Lauren and Mike! Fantastic inspiration.
Outstanding!!
Wow. Looking forward to learning about that warehouse project. Sounds like a great opportunity. Congratulations and thanks for sharing! New sub!
Great job guys! Thanks for the inspiration!
Happy so much for u guys!!!! Best wishes from a Brazilian Friend and Follower!!!!!!
Awesome 😎 Congratulations 🎉🍾🎈🎊
Amazing work! Congrats!!
Wow! Congratulations guys!!!
Wow awesome! Good for you guys!! Love hearing stories like this! Hopefully I will have the same story to tell soon!!
Congrats guys!
Congratulations!! You are a trully inspiration for how I want to financially be at your age. Good luck and enjoy this stage of your life
Congratulations!!! Very Well Done.
Love to see this path you guys have chosen, it's so much more lucrative and exciting than just holding cash! Keep it up :)
Nice work you two. Great to see a awesome couple have if figured out
Congrats!!!
Very nice! Hope u guys keep the updates still comming. Showing us the issues wen u are on "retirement" that happen and what kind off potholes u find down the road! :3
Congrats guys, rock on!
Congrats! Keep kickin' ass!
congrats guys! i'll see you at the finish line in a few years.
Congrats guys....your hard work and sacrifice paid off
congrats! keep posting
Congratulations to you both!
Congratulations!
Very inspiring! Congratulations for reaching your FI goals!
Congratulations!!!
Good for you.
Wow congrats that's so awesome!!