Archive
Why rentals are better than assignment fees I read a great social media post this morning. It was from an investor who was writing to explain why long-term rentals are something wholesalers need to consider when they get houses under contract. And to support his position, he went through the numbers on a recent deal. (Now, I went back to try find you the post so that I could report...
Going on an adventure We just got back from driving an RV across the United States to see the Grand Canyon in Arizona. And it was awesome. We rented a 30-foot class C motor home to take us on our journey. When it got delivered, the whole family excitedly piled in to check out the new ride. You should have seen the looks on my kids faces. I asked them if they were excited....
‘Someday’ On a recent trip, I pulled off the highway and into a mom-and-pop filling station called the Sunset Gas & Grill. It was just outside the Dallas-Fort Worth area in Texas. I always thought filling station wasn’t an adequate way to describe such establishments because you don’t just fill there — you empty as well. And I really needed to. I pulled alongside the pump in a...
Passive income equals freedom I was sitting on a plane recently getting ready to take the longest flight I have ever been on. It was from Atlanta to Portland, and it was going to take 5 1/2 hours. And I was wondering what I was going to do with myself for that long. When I boarded the plane, I was a little taken aback. It was huge. A Boeing 767 looks like one of the plans you see...
2020: the year of clarity As folks were doing their planning for the beginning of this year, a common theme was that 2020 was going to be “the year of clear vision.” I even have a really cool t-shirt printed with the saying that I got from a business mastermind meeting. Now that we are almost to the end of the year, things look a little different than expected. Somewhere between...