Real estate is selling space and time

 Does money mean anything if you do not have good health? Would you trade your time for money when you are a high-value person?

Your value is your cost for your time.

I have devised a very unique way to do accounting for my multiple rental units, and I have come to the realization that I can consider myself as a property as well. I have an amount of money that I can generate monthly but also a cost that I spend monthly. For property, it would be income vs rent and bills. Looking at things this way, I can also gauge the profitability of my employees. It would not make any sense to hire someone for $5000 when the business is making $3000. On the other hand, if the employee is running the business at a cost of $1000, and the business is generating $5000, it makes much more sense to do that.

Anyways, this blog really got my brain juice flowing. One thought led to another and now I'm thinking about getting rental units in Dubai.

Life is good!

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