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In the world of Save. Spend. Splurge.: Real Estate Talk happens

“I help maintain properties for absentee landlords. I think most people imagine landlords to be rich guys on Long Island. But most of my clients only own one or two properties. A lot of times they were inherited. Part of my job is helping to get squatters out of the buildings. There are professional squatters out there. You can’t even call them criminals. They know the laws and they’re working within the system. If you catch somebody breaking into your house– that’s ‘breaking and entering.’ But if you happen to live out of state, and somebody breaks into your house and you don’t notice for six months, then that person becomes your tenant. It doesn’t matter if you gave them permission or not. If you want to evict them, you have to go through the legal system, which is very expensive. So it’s usually cheaper to pay the squatters off. The laws themselves aren’t bad. They were enacted to keep predatory landlords from evicting people without due process. But like all laws, there are people who have figured out how to abuse them. I have one squatter who has been living rent free in an old building for six years. He hasn’t paid a dime. He’s well dressed. He’s always very polite and professional when he answers the door. But we’re offering him $80,000 to leave and he’s asking for more.”

A photo posted by Humans of New York (@humansofny) on

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Sherry of Save. Spend. Splurge.

Am my own Sugar Daddy. Am a millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I have 11 side incomes that are on track in 2020 to make me $50K - $75K. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

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6 Comments

  1. The Asian Pear

    I swear you always find the cutest jewelry ever…

    Also, the video is hilarious. This is sometimes me at work trying to explain basic procedures and processes.

    Reply
    1. sherry@savespendsplurge.com

      I’m a shopaholic.

      Reply
  2. Cassie

    I love that video. I’ve used it a handful of times to explain how I feel at work a lot of the time. Whoever came up with it is brilliant and deserves more than a round of applause.

    Reply
  3. Taylor Lee @ Yuppie Millennial

    I totally have no problem with a ciswoman teaching transwomen about make-up and fashion and stuff. Like, maybe I wouldn’t calling it “teaching them how to be feminine” (because what does “feminine” mean, yada yada yada) but there’s clearly a market and it helps these women present in the way they want, which I love.

    Also, that comedy sketch was so familiar to my work it made me cringe.

    Reply
    1. sherry@savespendsplurge.com

      That comedy sketch hit right home for me.

      Reply

Leave a Reply

In a nutshell…

Save. Spend. Splurge.
[ wealth. style. minimalism. ]

——

MOST DEBT: cleared $60K in 18 months

MONEY: Hit $1M personal net worth At 36

NEW GOAL: $1M in invested assets

FAVOURITE DAY: payday

HATES: being late & lazy people

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DRINKS: homemade matcha lattes

SLEEPS: on a 100% cotton U.S.-made futon

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BEAUTY: swears by Paula’s Choice

——

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Save. Spend. Splurge. uses affiliate links from Shopstyle, and Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com or ShopStyle. In addition to these, any referrals on the page will result in revenue if used such as BlueHost.

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