germany. 29. studied physics/math, played poker for 6 years, run 3 SaaS. do consulting at 300/hour. 3 days ago ive decided to invest in real estate since thats

germany. 29. studied physics/math, played poker for 6 years, run 3 SaaS. do consulting at 300/hour. 3 days ago ive decided to invest in real estate since thats the only market that the robots cant take away from us. the luxury living spaces of 2035 wont look significantly different from those of 2015. in terms of location. a super conservative projection of the real estate thing will lead to acquiring property worth 500k a year, producing 100k ARR, with the option of turning it into a REIT. ^ as in after year 1, i own 1/30th of 500k and make 100k after year 2, i own 2/30th of 500k and 1/30th of another 500k and make 200k etc. the projection does not reinvest the ARR. if you reinvest, things move faster. thinking about the real estate game in SaaS terms sounds reasonably reasonable at the moment. i'm still talking to a lot of people in know in the business, but im going to make my first purchase this summer. net worth today: ~350k last year: 10k the year before: tree fiddy? hockeystick is about to kick in. edit: im not saying that robots cant invest more efficiently in real estate. they clearly can, and i have my own software. but an algorithm can never purchase all the real estate that is valuable and then destroy the margins, like it would on the stock market. if you own a valuable piece of land, it doesnt lose its value because some AI is speculating on the lot next to it.