Archive
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...
Something to rejoice over It was chilly last night. I believe it got down to nearly 32 degrees. Normally that would be no big deal. My heat pump and insulation keeps my house at a nice 72 degrees this time of year with little effort. But last night, my family and I were not in our house. We were dwelling in tents. The reason for that is we are at the Feast of Tabernacles. And if you are...
Tenants to my rescue I’m sure you have heard horror stories about terrible tenants. I know I have. As a matter of fact, I have bought more than one house from tired landlords who were actually afraid of their tenants. Can you imagine that? The landlord — you know, the person who owns the property and has the right to demand their property back — was actually afraid of their tenants. And...
Today you are an investor I recently participated in the Chattanooga Waterfront Triathlon. I love this event. It’s put on by Team Magic, a company that organizes/ sponsors runs and multisport events across the southeast. And they do an amazing job. The waterfront triathlon is a larger event with close to 1,000 athletes showing up to swim, bike and run, in that order, one of two distances....
Note well the state of your flocks Have you ever read the book of Proverbs in the Bible? If not, check it out sometime. It was written by King Solomon who was called the wisest man who ever lived. He led Israel to become one of the most prosperous nations on earth and amassed great personal wealth. The reason I bring that up is because the book of Proverbs is a book of wisdom Solomon...