Archive
Trust but verify This has been a busy morning for me. That’s because I needed to be out at a property, that we have under contract to sell, to meet with both the septic and HVAC companies I use. The reason we were meeting out there was because our buyer had just completed their inspection of the property, and we had some crazy issues surface that we had to figure out before the due...
What we’re learning about 2024 We've already talked about why it's important to do an end-of-year review and how you can't get a clear picture of where you're going unless you know where are in a column titled “It’s time to get to know your numbers.” But something I don’t think I explained well was how we interpret the data we look at, why it’s important, and why you need to share it with...
How the old ways can keep you alive We had something scary happen this week that caused me to use CPR for the very first time in my life. And I had to use it on my two-year old. We were having a lazy Sunday. After a late breakfast we decided to lounge about and watch a movie with the kids and pop popcorn. It was pretty cold outside and this felt like a great way to spend some family time....
What is 2025 going to look like? Let me start this column off by saying “Happy New Year!” as well as expressing some sincere appreciation. Today marks the completion of the eighth year of me writing weekly to you and is the 415th column I’ve had the privilege of having published. That is a long time and a lot of columns. And without you being my readers, without your feedback and...
Full throttle It is about to get busy around here. Normally, the rental side of our investing business is what you call semi-passive income. The reason it is “semi-passive” is two-fold. One is because each month there is some “work” associated with processing payments, updating books and sending out demand letters for late payments. I put work in italics because most of this can be...