In ten years, I will be out of high school and college. I should have also, by this time, integrated myself within my dad's business system and have gotten taught the ins and outs to commercial real estate, including everything there is to know about tax credits and the H.U.D. agencies. Therefore, roughly two years in, after college, I should pretty much be moving on through, buying commercial real estate (mainly apartment complexes). Within the time frame of two years I'd like to at least control four complexes, at least 100 units each. Each complex will cost at the minimum two million dollars, taking twenty grand a unit x the number of units. With that criteria, I should control around eight to ten million dollars in apartment complexes. My monthly cashflow (after subtracting debt service from net profit), should be around forty to sixty grand. At year twelve of my plan I'll be selling the complexes for at least a five hundred grand profit each, totaling an additional two million dollars in profit. And, of course, I'll be selling them through 1031 exchanges to negate any tax issues. From there, I'll 1031 them into even larger complexes, and thus, keep renewing the cycle. Also, in regards to residential, in real time I currently own eight houses, of which by year ten, I plan to have them sold by then. Each house I'm looking at at least one hundred grand profit on each. That will give me an additional eight hundred grand total profit. Each house is only profiting, per month, around two hundred dollars, which doesn't impact my profit that much, but it's more for the appreciation in value.
In regards to martial arts, I plan on having picked up Tae Kwon Doe again. I currently am a second degree black belt, so hopefully I'll have a third degree black belt by then. Participating in a couple more tournaments would also be nice to boost my already large collection of medals (30+ medals, 2 junior Olympics appearances - got two golds in Olympic sparring, 1 silver in point sparring). I also may try out some more interesting styles too, maybe.
With Runescape and Pokemon, I'm not really sure. Hopefully I can remain active in both by year ten, but I'm not holding my breath. If you guys can entertain me that long, I guess I'll stay. ;p
And then the million dollar question, "What about a relationship?!?!?" Contrary to popular belief, I've actually thought a lot about this. I don't really see myself marrying anyone in my high school. College may produce some results, since they'll have the same interests as me, but you never know. I do, however, plan on living in Asia for a certain amount of time to just get a change in scenery. The maids and cheap stuff (only in places where the U.S. dollar is worth more) are definitely a plus too. Maybe when I'm over there I'll meet KM, haha. And then we'll fall in love and live happily ever after in our mansion with five maids.
El fin.
*It should be noted that I am dead serious about everything in this post.