Food for thought?

Now, politics aside!

Id like to lay some breadcrumbs as I see them.

1- Trump recently (memory-2 months? Maybe 3) discussed our national debt-> and before anyone begins, I made my career in investment development projects (land dev and const), and understand immediately what he meant<- and stated the debt was easy to reduce. Reduce. Reduce was his word. Not pay down. Reduce.

2- trump pitches crypto reserve as strategic. Ok. Let’s stop here.

3- we see the attendees. Ok, research, analyze, smoke a joint, touch some grass. Hey look caught a brook trout, ok I’m back, man, weird group of people…

Let’s put this together: Reduce debt. Reducing debt in real estate is simply have x debt and y assets. I have a $3m debt load against assets of $2m. Ok. Now, I’ve found another piece I want to buy but my banker says my debt load is too high. Most (hint hint) pay down the debt load, I don’t. I improve my assets valuation OR (hint hint) put value onto assets I own.

Ok, so now, I fiddled with some dirt, improved assets that had value attached. Cool now my $2m asset is worth $2.675m, and maybe it appraised higher over time, lemme call that very friendly appraiser at that bank. Cool, assets are now worth $2.85m.

We have assets of $2.85m against $3m debt load. Haven’t paid debt down at all, but my debt is now REDUCED.

Ok, not done, go get a drink, take a piss and sit back down.