Archive
Controlled chaos Sometimes, things are just hectic. In the real estate world, however, I think you have to accept that things are constantly going to come up and alter your plans. You’ll have to succumb to the fact that you will be living a life of controlled chaos at work. Take this morning for instance. I got through with my workout and went to go see V (short for...
Is this the new normal? I was talking with a buddy of mine this week about how to evaluate the returns on rental property using the financial calculator. I’d like to share with you what we did. Before we get started, if you haven’t had your morning cup of coffee, put me down and go get. This column is going to be numbers-heavy and will require an acute mind. I’ll be here when you...
Atypical Day I’m often asked what my typical day looks like as a real estate investor. And I am often at a loss on how to answer that question because, well… let me tell you about a recent day. I started out at 5:30 a.m. at Calhoun Spine and Wellness doing my workout. That morning was a partner exercise, and I got to work out with my good friend Kate Derrick. For 40 minutes, she...
Don’t kill the golden goose I was talking with an investor the other day who had just received some really great news. His portfolio of rental properties had an equity value of over $1 million. I asked him how he found this out, and he told me he’d been working with a financial advisor who had challenged him to find fair market values for each piece of property he held. ...
Business and babies I’m running on fumes this morning. That’s to be expected with a newborn, but the last couple of days have been exhausting, especially for Ashley. Last night we got the baby down for the night at 11:30 p.m. by swaddling him on my chest. While I enjoyed the tenderness of those moments, it also meant I was going to need to sleep in a semi-upright position. I...