persona-beaubot/context/I Sold My ENTIRE Real Estate Portfolio For This.en-orig.txt
2025-04-19 06:01:32 +00:00

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Language: en
I'm going to tell you why I sold all my
I'm going to tell you why I sold all my
I'm going to tell you why I sold all my
real estate for this one poorly
real estate for this one poorly
real estate for this one poorly
understood investment and how that
understood investment and how that
understood investment and how that
decision changed my life by the end of
decision changed my life by the end of
decision changed my life by the end of
this video you're either going to think
this video you're either going to think
this video you're either going to think
I'm crazy maybe a little bit of a genius
I'm crazy maybe a little bit of a genius
I'm crazy maybe a little bit of a genius
and you might just want to try it for
and you might just want to try it for
and you might just want to try it for
yourself in 20121 I did this thing that
yourself in 20121 I did this thing that
yourself in 20121 I did this thing that
seemed insane to everyone around me I
seemed insane to everyone around me I
seemed insane to everyone around me I
started selling my entire real estate
started selling my entire real estate
started selling my entire real estate
portfolio this was a multi-million
portfolio this was a multi-million
portfolio this was a multi-million
dollar portfolio of cash flowing single
dollar portfolio of cash flowing single
dollar portfolio of cash flowing single
family homes commercial Office Buildings
family homes commercial Office Buildings
family homes commercial Office Buildings
and mortgage notes all with solid
and mortgage notes all with solid
and mortgage notes all with solid
tenants all paying all making me money
tenants all paying all making me money
tenants all paying all making me money
my real estate friends thought i' had
my real estate friends thought i' had
my real estate friends thought i' had
completely lost it after all isn't real
completely lost it after all isn't real
completely lost it after all isn't real
estate the backbone of wealth building
estate the backbone of wealth building
estate the backbone of wealth building
that's what I thought too and that's how
that's what I thought too and that's how
that's what I thought too and that's how
I positioned myself for more than a
I positioned myself for more than a
I positioned myself for more than a
decade but I discovered something that
decade but I discovered something that
decade but I discovered something that
changed everything for me it's not just
changed everything for me it's not just
changed everything for me it's not just
about making money but about how
about making money but about how
about making money but about how
infrastructure and energy are going to
infrastructure and energy are going to
infrastructure and energy are going to
reshape the way that wealth works in the
reshape the way that wealth works in the
reshape the way that wealth works in the
digital age and I'm going to show you
digital age and I'm going to show you
digital age and I'm going to show you
what most investors today are missing
what most investors today are missing
what most investors today are missing
first you need to understand something
first you need to understand something
first you need to understand something
about my background I graduated with a
about my background I graduated with a
about my background I graduated with a
degree in Engineering Management and
degree in Engineering Management and
degree in Engineering Management and
information systems I'm trained to see
information systems I'm trained to see
information systems I'm trained to see
systems spot inefficiencies and solve
systems spot inefficiencies and solve
systems spot inefficiencies and solve
complex problems in order to create
complex problems in order to create
complex problems in order to create
maximum value that engineering mindset
maximum value that engineering mindset
maximum value that engineering mindset
helped me build what looked like a
helped me build what looked like a
helped me build what looked like a
successful real estate portfolio I had
successful real estate portfolio I had
successful real estate portfolio I had
everything systematized property
everything systematized property
everything systematized property
acquisition teams so I could find the
acquisition teams so I could find the
acquisition teams so I could find the
best deals tenant screening protocols
best deals tenant screening protocols
best deals tenant screening protocols
maintenance schedules and Property
maintenance schedules and Property
maintenance schedules and Property
Management cash flow projections deal
Management cash flow projections deal
Management cash flow projections deal
financing everything was set up for me I
financing everything was set up for me I
financing everything was set up for me I
thought that I had cracked the code for
thought that I had cracked the code for
thought that I had cracked the code for
passive income I was wrong let me show
passive income I was wrong let me show
passive income I was wrong let me show
you what a successful real estate
you what a successful real estate
you what a successful real estate
portfolio actually looks like I had a
portfolio actually looks like I had a
portfolio actually looks like I had a
property in Texas that looks something
property in Texas that looks something
property in Texas that looks something
like this $200,000 property $2,000 a
like this $200,000 property $2,000 a
like this $200,000 property $2,000 a
month monthly rent minus a $1,200
month monthly rent minus a $1,200
month monthly rent minus a $1,200
mortgage minus $200 of property tax
mortgage minus $200 of property tax
mortgage minus $200 of property tax
minus $100 in Insurance $200 as a
minus $100 in Insurance $200 as a
minus $100 in Insurance $200 as a
maintenance Reserve $200 for a property
maintenance Reserve $200 for a property
maintenance Reserve $200 for a property
manager and at the end of all of that
manager and at the end of all of that
manager and at the end of all of that
you've got $100 a month of cash flow
you've got $100 a month of cash flow
you've got $100 a month of cash flow
that's right $100 a month on a $200,000
that's right $100 a month on a $200,000
that's right $100 a month on a $200,000
investment and that's when everything
investment and that's when everything
investment and that's when everything
went perfectly but real estate's never
went perfectly but real estate's never
went perfectly but real estate's never
perfect I had multiple occasions where
perfect I had multiple occasions where
perfect I had multiple occasions where
one year or multiple years of rental
one year or multiple years of rental
one year or multiple years of rental
profits were completely erased by a
profits were completely erased by a
profits were completely erased by a
$7,500 HVAC system going bad or a tenant
$7,500 HVAC system going bad or a tenant
$7,500 HVAC system going bad or a tenant
mistreating the property so badly that
mistreating the property so badly that
mistreating the property so badly that
The Upfront deposit and the maintenance
The Upfront deposit and the maintenance
The Upfront deposit and the maintenance
reserves that I kept didn't cover the
reserves that I kept didn't cover the
reserves that I kept didn't cover the
damage add to that the fact that during
damage add to that the fact that during
damage add to that the fact that during
Co you couldn't legally evict anybody
Co you couldn't legally evict anybody
Co you couldn't legally evict anybody
even when they stop paying you and you
even when they stop paying you and you
even when they stop paying you and you
suddenly have an investment that loses
suddenly have an investment that loses
suddenly have an investment that loses
you money and costs you time as an
you money and costs you time as an
you money and costs you time as an
engineer something kept bothering me
engineer something kept bothering me
engineer something kept bothering me
about trying to scale my real estate
about trying to scale my real estate
about trying to scale my real estate
Empire the numbers didn't add up the
Empire the numbers didn't add up the
Empire the numbers didn't add up the
efficiency wasn't there the scalability
efficiency wasn't there the scalability
efficiency wasn't there the scalability
was limited and I couldn't see how I was
was limited and I couldn't see how I was
was limited and I couldn't see how I was
going to achieve my goals like this I
going to achieve my goals like this I
going to achieve my goals like this I
knew that there had to be a better way
knew that there had to be a better way
knew that there had to be a better way
so this goes into my journey into making
so this goes into my journey into making
so this goes into my journey into making
recurring income from digital assets I
recurring income from digital assets I
recurring income from digital assets I
started back in 2015 while I was
started back in 2015 while I was
started back in 2015 while I was
successfully managing properties I tried
successfully managing properties I tried
successfully managing properties I tried
an experiment
an experiment
an experiment
Bitcoin mining like any good engineer I
Bitcoin mining like any good engineer I
Bitcoin mining like any good engineer I
started small investing with a tiny
started small investing with a tiny
started small investing with a tiny
mining operation in Sweden well within 3
mining operation in Sweden well within 3
mining operation in Sweden well within 3
months they disappeared with everybody's
months they disappeared with everybody's
months they disappeared with everybody's
money and I got back about half of what
money and I got back about half of what
money and I got back about half of what
I put in but this is what's interesting
I put in but this is what's interesting
I put in but this is what's interesting
even after losing that investment I
even after losing that investment I
even after losing that investment I
couldn't shake the feeling that this
couldn't shake the feeling that this
couldn't shake the feeling that this
technology was something massive the
technology was something massive the
technology was something massive the
engineer and me saw the potential for
engineer and me saw the potential for
engineer and me saw the potential for
programmatic income generation no human
programmatic income generation no human
programmatic income generation no human
tenants mathematically modeled returns
tenants mathematically modeled returns
tenants mathematically modeled returns
and converting energy directly into
and converting energy directly into
and converting energy directly into
money with no counterparty risk but this
money with no counterparty risk but this
money with no counterparty risk but this
is what really got me thinking I was
is what really got me thinking I was
is what really got me thinking I was
calculating my actual hourly rate for
calculating my actual hourly rate for
calculating my actual hourly rate for
Passive real estate income for it being
Passive real estate income for it being
Passive real estate income for it being
passive real estate I was spending more
passive real estate I was spending more
passive real estate I was spending more
than a full-time job's worth of hours to
than a full-time job's worth of hours to
than a full-time job's worth of hours to
run this thing and grow it and that's
run this thing and grow it and that's
run this thing and grow it and that's
when my engineering brain kicked into
when my engineering brain kicked into
when my engineering brain kicked into
overdrive I spent thousands of hours
overdrive I spent thousands of hours
overdrive I spent thousands of hours
studying Bitcoin energy infrastructure
studying Bitcoin energy infrastructure
studying Bitcoin energy infrastructure
and everything to do with it while
and everything to do with it while
and everything to do with it while
everybody else is focused on price
everybody else is focused on price
everybody else is focused on price
speculation in the crypto markets but I
speculation in the crypto markets but I
speculation in the crypto markets but I
saw something different the world that
saw something different the world that
saw something different the world that
we live in isn't just going digital it's
we live in isn't just going digital it's
we live in isn't just going digital it's
going to need entirely new
going to need entirely new
going to need entirely new
infrastructure there's AWS and a few
infrastructure there's AWS and a few
infrastructure there's AWS and a few
other hyperscaler data centers that
other hyperscaler data centers that
other hyperscaler data centers that
basically run our entire world data
basically run our entire world data
basically run our entire world data
centers are handily outperforming Office
centers are handily outperforming Office
centers are handily outperforming Office
Buildings and other types of real estate
Buildings and other types of real estate
Buildings and other types of real estate
Computing Powers becoming the new Prime
Computing Powers becoming the new Prime
Computing Powers becoming the new Prime
Resource as AI spreads like wildfire and
Resource as AI spreads like wildfire and
Resource as AI spreads like wildfire and
most importantly energy is the critical
most importantly energy is the critical
most importantly energy is the critical
resource to pay attention to that makes
resource to pay attention to that makes
resource to pay attention to that makes
all of this possible so in 2021 I made
all of this possible so in 2021 I made
all of this possible so in 2021 I made
an even bigger move I invested half a
an even bigger move I invested half a
an even bigger move I invested half a
million dollar of my money into mining
million dollar of my money into mining
million dollar of my money into mining
equipment and I found what seemed to be
equipment and I found what seemed to be
equipment and I found what seemed to be
like a great hosting partner to run it I
like a great hosting partner to run it I
like a great hosting partner to run it I
thought I had solved it and that I could
thought I had solved it and that I could
thought I had solved it and that I could
be booking vacations the following month
be booking vacations the following month
be booking vacations the following month
with 35,000 a month of passive income
with 35,000 a month of passive income
with 35,000 a month of passive income
unfortunately that year nearly broke me
unfortunately that year nearly broke me
unfortunately that year nearly broke me
I followed bad advice got the wrong
I followed bad advice got the wrong
I followed bad advice got the wrong
equipment chose the wrong partner and
equipment chose the wrong partner and
equipment chose the wrong partner and
took the wrong approach as of today that
took the wrong approach as of today that
took the wrong approach as of today that
was essentially a total loss the worst
was essentially a total loss the worst
was essentially a total loss the worst
year of my life in business and that
year of my life in business and that
year of my life in business and that
operator is now in bankruptcy due to a
operator is now in bankruptcy due to a
operator is now in bankruptcy due to a
poorly managed operation but but again
poorly managed operation but but again
poorly managed operation but but again
as an engineer I did what Engineers do I
as an engineer I did what Engineers do I
as an engineer I did what Engineers do I
documented all the failure points which
documented all the failure points which
documented all the failure points which
were power cost variability equipment
were power cost variability equipment
were power cost variability equipment
selection maintenance issues Cooling and
selection maintenance issues Cooling and
selection maintenance issues Cooling and
efficiencies management gaps and bag
efficiencies management gaps and bag
efficiencies management gaps and bag
communication and service to the most
communication and service to the most
communication and service to the most
important person in any business
important person in any business
important person in any business
relationship the customer every one of
relationship the customer every one of
relationship the customer every one of
those problems became the blueprint for
those problems became the blueprint for
those problems became the blueprint for
what I would build next today our
what I would build next today our
what I would build next today our
facility in Oregon represents everything
facility in Oregon represents everything
facility in Oregon represents everything
that I wished existed when I started in
that I wished existed when I started in
that I wished existed when I started in
this business we have fixed rate
this business we have fixed rate
this business we have fixed rate
hydroelectric power that's locked in for
hydroelectric power that's locked in for
hydroelectric power that's locked in for
years and comes with energy management
years and comes with energy management
years and comes with energy management
incentives we also have the most ideal
incentives we also have the most ideal
incentives we also have the most ideal
climate that you could imagine for
climate that you could imagine for
climate that you could imagine for
running a mining data center it's
running a mining data center it's
running a mining data center it's
currently filled with the latest
currently filled with the latest
currently filled with the latest
generation of S21 miners that turn
generation of S21 miners that turn
generation of S21 miners that turn
energy into money more efficiently than
energy into money more efficiently than
energy into money more efficiently than
almost anybody we have hundreds of units
almost anybody we have hundreds of units
almost anybody we have hundreds of units
owned by happy customers who Rave about
owned by happy customers who Rave about
owned by happy customers who Rave about
us for our full service management we
us for our full service management we
us for our full service management we
have highly professional and highly
have highly professional and highly
have highly professional and highly
skilled 247 management and operations
skilled 247 management and operations
skilled 247 management and operations
team with better than 98% up time and
team with better than 98% up time and
team with better than 98% up time and
allinclusive repairs since we've been
allinclusive repairs since we've been
allinclusive repairs since we've been
operating we also have the advantages of
operating we also have the advantages of
operating we also have the advantages of
a sales taxfree State living in Oregon
a sales taxfree State living in Oregon
a sales taxfree State living in Oregon
and because of the way that we design
and because of the way that we design
and because of the way that we design
the facility we have the ability to move
the facility we have the ability to move
the facility we have the ability to move
locations if we're ever put into a hard
locations if we're ever put into a hard
locations if we're ever put into a hard
position and on top of that I have a
position and on top of that I have a
position and on top of that I have a
team that I love to work with aligned on
team that I love to work with aligned on
team that I love to work with aligned on
a much more powerful Mission than just
a much more powerful Mission than just
a much more powerful Mission than just
dealing with ungrateful tenants and now
dealing with ungrateful tenants and now
dealing with ungrateful tenants and now
instead of managing properties that are
instead of managing properties that are
instead of managing properties that are
scattered across the country
scattered across the country
scattered across the country
everything's in one climate controlled
everything's in one climate controlled
everything's in one climate controlled
facility producing Bitcoin every single
facility producing Bitcoin every single
facility producing Bitcoin every single
day do you want to see what true passive
day do you want to see what true passive
day do you want to see what true passive
income actually looks like using a
income actually looks like using a
income actually looks like using a
4-year period from 2020 to 2024 this is
4-year period from 2020 to 2024 this is
4-year period from 2020 to 2024 this is
what happened if you had bought Bitcoin
what happened if you had bought Bitcoin
what happened if you had bought Bitcoin
and held it through that period you're
and held it through that period you're
and held it through that period you're
up 627 per. if you got into mining at
up 627 per. if you got into mining at
up 627 per. if you got into mining at
the rate we offer our customers and sold
the rate we offer our customers and sold
the rate we offer our customers and sold
all your coins on the day you Min it
all your coins on the day you Min it
all your coins on the day you Min it
you're up more than
you're up more than
you're up more than
950 just on the coin that you mined if
950 just on the coin that you mined if
950 just on the coin that you mined if
you sold it every day that you mined and
you sold it every day that you mined and
you sold it every day that you mined and
if you got into Mining and sold all that
if you got into Mining and sold all that
if you got into Mining and sold all that
you mined and also sold the mining
you mined and also sold the mining
you mined and also sold the mining
server for its residual value you're up
server for its residual value you're up
server for its residual value you're up
more than 1,000% or a 10x in 4 years now
more than 1,000% or a 10x in 4 years now
more than 1,000% or a 10x in 4 years now
this doesn't even factor in the option
this doesn't even factor in the option
this doesn't even factor in the option
of holding all the coin that you mine
of holding all the coin that you mine
of holding all the coin that you mine
further into the future for greater
further into the future for greater
further into the future for greater
multiples so let's break this down in
multiples so let's break this down in
multiples so let's break this down in
real numbers with real equipment that's
real numbers with real equipment that's
real numbers with real equipment that's
available now today a single S21 Pro 234
available now today a single S21 Pro 234
available now today a single S21 Pro 234
terahash minor with the first year of
terahash minor with the first year of
terahash minor with the first year of
power costs included in our facility
power costs included in our facility
power costs included in our facility
costs about
costs about
costs about
$110,000 it'll make you about 062
$110,000 it'll make you about 062
$110,000 it'll make you about 062
Bitcoin per year which is about $55 $500
Bitcoin per year which is about $55 $500
Bitcoin per year which is about $55 $500
in year one at today's price of $90,000
in year one at today's price of $90,000
in year one at today's price of $90,000
Bitcoin that means if Bitcoin went into
Bitcoin that means if Bitcoin went into
Bitcoin that means if Bitcoin went into
the $160,000 range per coin or almost a
the $160,000 range per coin or almost a
the $160,000 range per coin or almost a
2X from here your investment is fully
2X from here your investment is fully
2X from here your investment is fully
paid off within the year and you have a
paid off within the year and you have a
paid off within the year and you have a
free high performance machine that makes
free high performance machine that makes
free high performance machine that makes
Bitcoin by the way this is not Financial
Bitcoin by the way this is not Financial
Bitcoin by the way this is not Financial
advice but in the last two bitcoin price
advice but in the last two bitcoin price
advice but in the last two bitcoin price
Cycles we've had a 6X and a 25x from
Cycles we've had a 6X and a 25x from
Cycles we've had a 6X and a 25x from
where we sit today to the price that's
where we sit today to the price that's
where we sit today to the price that's
12 months from now now I'm not making
12 months from now now I'm not making
12 months from now now I'm not making
any predictions but you can just watch
any predictions but you can just watch
any predictions but you can just watch
what I'm doing with my personal money
what I'm doing with my personal money
what I'm doing with my personal money
even if everything stayed level to how
even if everything stayed level to how
even if everything stayed level to how
it is today mining is usually paying for
it is today mining is usually paying for
it is today mining is usually paying for
itself within 2 to 3 years and then it's
itself within 2 to 3 years and then it's
itself within 2 to 3 years and then it's
going to keep running for years later I
going to keep running for years later I
going to keep running for years later I
haven't even started to get into the tax
haven't even started to get into the tax
haven't even started to get into the tax
advantages that come with mining rather
advantages that come with mining rather
advantages that come with mining rather
than just buying Bitcoin itself but
than just buying Bitcoin itself but
than just buying Bitcoin itself but
let's just say computer equipment can be
let's just say computer equipment can be
let's just say computer equipment can be
depreciated on a very short time frame
depreciated on a very short time frame
depreciated on a very short time frame
and you can fully write off your
and you can fully write off your
and you can fully write off your
operating expenses against your income
operating expenses against your income
operating expenses against your income
which is something you can't do if you
which is something you can't do if you
which is something you can't do if you
just buy Bitcoin on the open market if
just buy Bitcoin on the open market if
just buy Bitcoin on the open market if
we compare all of that to a $200,000
we compare all of that to a $200,000
we compare all of that to a $200,000
rental property making $500 a month if
rental property making $500 a month if
rental property making $500 a month if
you're lucky Real Estate Investors are
you're lucky Real Estate Investors are
you're lucky Real Estate Investors are
usually thrilled with 8 to 12%
usually thrilled with 8 to 12%
usually thrilled with 8 to 12%
compounding but do you realize that that
compounding but do you realize that that
compounding but do you realize that that
barely outperforms inflation if at all
barely outperforms inflation if at all
barely outperforms inflation if at all
and here's what really matters it's not
and here's what really matters it's not
and here's what really matters it's not
just about better returns as an engineer
just about better returns as an engineer
just about better returns as an engineer
what excites me most is how we get to
what excites me most is how we get to
what excites me most is how we get to
reshape energy through digital
reshape energy through digital
reshape energy through digital
infrastructure in our facilities
infrastructure in our facilities
infrastructure in our facilities
specifically we are converting wasted
specifically we are converting wasted
specifically we are converting wasted
energy capacity into productive use and
energy capacity into productive use and
energy capacity into productive use and
helping our communities we stabilizing
helping our communities we stabilizing
helping our communities we stabilizing
power grids as a flexible load and
power grids as a flexible load and
power grids as a flexible load and
creating true energy Independence for
creating true energy Independence for
creating true energy Independence for
communities across the Pacific Northwest
communities across the Pacific Northwest
communities across the Pacific Northwest
by building this digital infrastructure
by building this digital infrastructure
by building this digital infrastructure
that will power the future in Bitcoin
that will power the future in Bitcoin
that will power the future in Bitcoin
mining and every other type of computing
mining and every other type of computing
mining and every other type of computing
resource we're reshaping the landscape
resource we're reshaping the landscape
resource we're reshaping the landscape
and reshaping economies so listen if
and reshaping economies so listen if
and reshaping economies so listen if
you're sitting there looking for your
you're sitting there looking for your
you're sitting there looking for your
next property deal I know how this
next property deal I know how this
next property deal I know how this
sounds I was skeptical too I was a
sounds I was skeptical too I was a
sounds I was skeptical too I was a
longtime real estate investor and I made
longtime real estate investor and I made
longtime real estate investor and I made
the mistake so that you don't have to
the mistake so that you don't have to
the mistake so that you don't have to
which is why when people reach out to me
which is why when people reach out to me
which is why when people reach out to me
I start every conversation by
I start every conversation by
I start every conversation by
understanding your specific situation
understanding your specific situation
understanding your specific situation
and goals with this it's not a one-size
and goals with this it's not a one-size
and goals with this it's not a one-size
fits-all and it isn't a fit for
fits-all and it isn't a fit for
fits-all and it isn't a fit for
everybody we don't take every client who
everybody we don't take every client who
everybody we don't take every client who
wants to work with us but if you want to
wants to work with us but if you want to
wants to work with us but if you want to
book a call with my team and see about
book a call with my team and see about
book a call with my team and see about
getting some of the limited space in our
getting some of the limited space in our
getting some of the limited space in our
data centers you can follow abundant
data centers you can follow abundant
data centers you can follow abundant
Minds on Instagram Twitter or YouTube
Minds on Instagram Twitter or YouTube
Minds on Instagram Twitter or YouTube
and message us passive to get set up for
and message us passive to get set up for
and message us passive to get set up for
a call you can also find a call booking
a call you can also find a call booking
a call you can also find a call booking
link directly on our website at abundant
link directly on our website at abundant
link directly on our website at abundant
minds.com I know this may not be
minds.com I know this may not be
minds.com I know this may not be
something that you feel like an expert
something that you feel like an expert
something that you feel like an expert
in yet I personally believe it'll look
in yet I personally believe it'll look
in yet I personally believe it'll look
like one of the worst mistakes 10 years
like one of the worst mistakes 10 years
like one of the worst mistakes 10 years
from now to ignore this income strategy
from now to ignore this income strategy
from now to ignore this income strategy
altogether whether you're looking to
altogether whether you're looking to
altogether whether you're looking to
allocate 25,000 500,000 or several
allocate 25,000 500,000 or several
allocate 25,000 500,000 or several
million dollars to optimize your
million dollars to optimize your
million dollars to optimize your
personal passive income strategy we'll
personal passive income strategy we'll
personal passive income strategy we'll
find the best fit to position you
find the best fit to position you
find the best fit to position you
personally in this new and evolving
personally in this new and evolving
personally in this new and evolving
landscape the window of opportuni is
landscape the window of opportuni is
landscape the window of opportuni is
here you can get ahead of the people not
here you can get ahead of the people not
here you can get ahead of the people not
paying attention and we can build
paying attention and we can build
paying attention and we can build
something meaningful together until next
something meaningful together until next
something meaningful together until next
time like subscribe leave a a comment
time like subscribe leave a a comment
time like subscribe leave a a comment
with what was most helpful to you and be
with what was most helpful to you and be
with what was most helpful to you and be
sure to check out the other content that
sure to check out the other content that
sure to check out the other content that
we're producing thank you so much
[Music]