Archive
What is the difference between an asset and a liability. It is simple. Assets put money in your pocket. Liabilities take money out of your pocket. Are houses assets or liabilities? The answer is they can be both. Here is an example of the same house being an asset to one person, but a liability to another.
A good friend of mine called me up about selling his house. He is a fireman down in Canton. In 2012, they bought a fixer-upper in a great subdivision at below market value. A perk of being a fireman is that you work 24 hours. Joey wait, working 24 hours is a perk? It is when you get the next 48 hours off. So my buddy Britt does what most fireman do, he works a side job. He is a contractor and a...
As we approach the new year, have you thought about setting your goals? If you have't, I suggest that you do. Goals are important. They are a road map with a destination. If you do not pick a place to go, you can get lost quickly. When you set your goals remember the 6 areas: Family, Spiritual, Friends/ Relationships, Physical, Business and Education. Also, read the book The Slight Edge...
I was at worship the other day with a five year old who was trying to sell his Rubik’s Cube. I didn’t know they still make those things, but, I played along. I asked him how much he wanted for the Rubik’s Cube. Tyner: “Nine hundred sixteen”. Me: “Nine hundred sixteen what?” Tyner: “Cents.” Me: “Ok,” “How about ten cents down, twenty cents a month until it is paid off?” He shouted,...
Women make some of the best real estate investors. Why? Because they are smart, beautiful and TOUGH! Want proof? Here is a video of Ashley. She closed a short sale and fielded calls in the hospital all while being 8 cm dilated with our first born. I would like to see a man come anywhere close to that!