Archive
Find the right advisor I got a call from a brand-new baby investor last week. The reason I describe him this way is because he had made the mental leap of wanting to invest in real estate but had not done a deal yet. He is still in the fact-finding scramble stage of trying to figure out where to begin. I like this guy. He was younger, but had a good head on his shoulders. He was...
Do they understand why? In the book “Extreme Ownership: How Navy SEALs Lead and Win,” the author Jocko Willink describes a time when he and his team were put into a situation that they didn’t like. Jocko’s unit was conducting missions in the battle for Ramadi, Iraq and they had been doing well. But then a decree came down from the higher ups that said that the SEAL unit must take an Iraqi...
A different side of financial freedom We have had a rough last couple of days. Tuesday morning my son Seph woke me up from the living room sobbing at 4 a.m. I was in the back bedroom and it was loud enough to wake me up from across the house. When I got there, I found the ear infection that had started on Monday afternoon had my boy doubled over in pain and crying almost uncontrollably....
I got called a four-letter word Last night, I was taken aback. I had a tenant call me a four-letter word. Now, I’m used to being called some four-letter words, and I’m OK with that. You see, not all of them are bad. I’m used to being called “boss.” Ashley calls me “cute,” and sometimes bumps it up to a full-fledged “hunk.” Of course, I have to be doing something special to gain that...
They just aren’t cutting the mustard I learned a great tactic from one of my landlord teachers named David Tilney when I took his course called “Hassle Free Property Management.” In the course, David said that all his leases end in either June or July of the year. The reason for this is multifaceted. You see, June and July is when kids are out of school. This makes it easier to...