Q not betting on appreciation, but cashflow over as long as possible. So my holding period is forever. And I'm looking at as many opportunities as possible. Just build up That kind of asset cashflow. Now, some would say, Nathan, you're locking your capital up in that stuff. You should be using them starting new software businesses because that's where you get your big exits. So what would you advise me?
A Nathan, what I would say is you're starting a real estate business, and if your passion is there, then great. Go for it. I've got a lot of friends who have made a fortune in real estate, but their passion is there. If you're doing it as kind of a semi-passive, semi-active investment, I would suggest you shouldn't do that. It's going to take a A fair amount of your time. Your time is the most valuable asset, the human capital that you have. It will be for the rest of your life. And so where are you going to get the highest payoff? Not only monetary, but also in satisfaction. My guess is owning college real estate probably isn't going to be it. But, you know, having, uh, destroyed some college real estate in my day, I'm pretty sure it's not the most Fun. I can still remember the landlord coming over many times after some really good parties, but you know, the, the, the opportunity is we can only focus on so many things and you know, you're big on these funnels. Well, there's not a whole bunch of scaling up. You can do on that real estate, unless you're totally focused, what you can do though, and whether it's software or any service business manufacturing, you know, we can build these simple and elegant businesses that just Really allow us to take off and, and create tremendous wealth. So that would be, and then I would have a financial advisor, somebody that we use the term pers…
AI assessment note: “If you're doing it as kind of a semi-passive, semi-active investment, I would suggest you shouldn't”