I have no debt, less than 2k in expenses per month above 800 FICO and 100k+ sitting in the bank, no kids not married.
My story: I’m in my late 30s, dean’s list in college but left in the middle of a class because I’d rather focus my time and energy into myself and creating my own business started to sell real estate at a young age then through a friend that worked in the government that bought a property from me asked if I was interested in a position involving my programming skill set during the Iraq war.. went to work for the government starting at 23 which let me see the world lived in war zones for a couple of years went back home started a media company with a partner at first just websites 14 years ago then evolved into identity/branding and of course website was a part of it in the beginning it was brick and mortar and like many read four hour work week back in 2006 wasn’t happy back in my hometown watching the cycle of keeping up with the Joneses, moved to Paradise outside of the USA just wanted to get back to nature after a bad business partnership where everything was in my name and I had to pay it all off after getting screwed by a partner. (We were young didn’t know what we were doing but friends now.)
That was 10 years ago one of the best things I’ve ever done for myself living on a mountain with my dog in paradise surfing, hiking in the jungle every day playing with monkeys even dated some really beautiful Latin women too many experiences to mention.. I would build some websites here and there as it didn’t take much to live good and be honest I was so damn happy I would cry the end of most days purely out of happiness. In a great head space. Really got to know myself when I silenced the outside. But after an event that created a dark/difficult time in my life.. started to dig in and wanted to get higher price tickets with businesses by getting into the identity and branding side so I had a couple mentors that are pretty well-known in that space now. Got offered to come out to Santa Monica for a brand manager position when I went there I could not imagine having to sit somewhere 40 hours a week. Started looking in the nomad community since I had already been in somewhat moved to Barcelona and would spend half the year overseas and half the year back around the Caribbean. Very happy!
But what I didn’t mention is that before leaving that original tropical paradise I had started to rent one large house on Airbnb which I had a connection to the owner and this house has been sitting for 15 years the family that owned it had so much money it’s almost like they had forgot about it I wasn’t even there in the country when I started to rent it but put together a system through some people that I trusted. All remotely by the way and slowly added houses but larger houses as it was the same amount of effort really started to pick up around 2018 and then in 2019 start at the net around $12,000 a month. Lower season $3-$5000 higher season $15-$18,000. It kept growing everyone was making money we were even supporting the local communities youth as I was traveling the world truly a dream very happy and free but putting money away starting to make plans would have had a bout 250,000 sitting in the bank by around Christmas 2020.
And with Covid, the lockdowns and travel restrictions it started to fade in March and as of last week the last house was gone I have some residuals each month from my other business and when projects do come through in the media business they are always good but I really do not have any interest in that work fortunately I’m able to hand off the higher price ticket stuff but when you have that passive income it’s hard to trade hours for dollars.
Yes I know I could’ve made some investments or better decisions but I didn’t I really wanted to enjoy my life see the world while putting away the rental income.
So as mentioned in the beginning, I save some money I still live in another Paradise where the cost-of-living is low I have a nice place and I think a good position to grind over the next year I’m just torn on where to put my time.
Personally, I am a pretty proficient programmer and designer and don’t find any difficulty jumping into things in the digital space there are so many things that I see that I could jump into recently decided that I wanted create digital assets and do search analysis and build out in niche websites by creating quality content and monetize these over the next year in hopes that if I bust my ass and do everything right I will be glad that I did.
I’m sure many would know exactly what they would do in my scenario I know I’m in a good space to create but pulled in different directions with ideas.
My endgame is to make money I want to build somewhere surrounded by nature self sustained as possible wake up around the ones I love. I’m willing to put in the work would just love to hear others’ thoughts on this.