Archive
Kill it, or keep it? I’ve written to you before about the story of the goose and the golden egg. Just to remind you, it’s about a poor farmer who discovered he had a goose that would lay a solid gold egg each day. The farmer would sell that egg and then live lavishly off the proceeds. Eventually, he became impatient with receiving only an egg a day and decided to lop of the goose’s head...
Sitting at the laundromat with my bank account drained So, I learned some very valuable lessons this week at the laundromat. First, laundromat has an “O” in it which is contrary to how I say it — “laundry mat.” Next, the machines there have come a long way since I was kid. They have timers on the washers now, which is awesome, and the dryers are very efficient. I know they’re very...
Why we use private money lenders What I’m about to tell you may come as a shock, but I have only applied for a mortgage through a bank one time in my life… and I was denied. To make that fact more interesting, you should know that it happened in February of 2020. I have to tell you I was little surprised myself. It happened as Ashley and I were expecting baby No. 3 and were looking...
What exactly do you do? I have to confess that I’m guilty of something. I don’t do a lot of self promotion. Here is a case in point: This particular column marks the beginning of my sixth year writing this weekly article about real estate investing and then posting it to my blog. Yet I have friends and family who have no idea that I do it. I just don’t broadcast it. Self promotion...
A great reason to have assets I was talking with a friend recently who was going through a tough time. You see, my friend had had some medical complications that had caused her to have multiple surgeries over the past few years. (By multiple I mean 10 plus.) To make a long story short, every time the surgeon would go in to fix the problem, it weakened the adjacent area, which it would...