Graham Stephan

And you're right.

You know this.

Real estate consumes brain.

It's like brain damage.

And that could set off a bad day and it can cause you to do this or do that or you get antsy.

But that said...

I do believe that real estate for guys like you could just be a forced savings account.

So, I mean, you've got to know thyself.

So, again, I think with that five-year exclusion, you try it out for a couple of years and you see if it impacts your job.

The second it impacts iced coffee hour, sell the damn thing.

You should be.

Well, you should.

Well, yeah.

That's why the three years is you got to be really on that, because if you're going to get past three, you're in it for 10.

What do you think about investing in commercial real estate?

So define commercial.

So multifamily, just so we're clear.

Multifamily is an investment that I am looking at personally.

Why?

Because in the spreadsheet, it showed me that after interest rates went up with Paul Volcker, the RTC occurred eight to 10 years later and properties were sold at significant discounts.