Archive
Preparing for a market downturn I was part of a webinar this morning where the topic was what someone should do in a market downturn like what we’re getting ready to experience. Actually, I’d say we’re already in the downturn. We just haven’t seen how it will manifest itself in the real estate world yet. During the call, we first talked about things we’re doing differently in our...
Fear and proactivity I think that you will agree with that me that there’s a lot of uncertainty going on right now. And people do some strange things when they get scared. If you don’t believe me, go check out the toilet paper aisle at the grocery store. Now, I’ve had to make a run, or perhaps more of a waddle, for toilet paper before. But I’ve never seen a “run” on toilet paper. But...
Investing, family and footprints Real estate investing is our family business, and I’m not just talking about Ashley being my partner. Our kids have also been involved their entire lives. You see, Ashley was closing a short sale and fielding calls while giving birth to our first born. I’m not joking. I have the video to prove it. She was on the phone talking to a seller while 8...
What does a day look like? I’m often asked what a typical day looks like for a full-time investor. This is a hard thing to answer because any given day can be different. But to give you some insight as to the possibilities, let me tell you about yesterday. I woke up at 4:30 a.m. (that’s not a typo.) The reason I get up so early is so I can get woken up enough to be at Calhoun Spine...
It’s not what you make, but what you keep that matters. How many of you have heard stories about lottery winners who win it big, only to lose everything in a short period of time? I was reading a web article on this subject recently and it was mind blowing. The article went through many stories of how different people had won millions, only to lose it in 10 years or less. One guy won $31...