Archive
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...
Don’t let innovation disrupt you There’s a really cool book you should check out called “Disrupt You” by Jay Samit. Jay is a serial entrepreneur with a background in media and computer programming. To define the concept of what a disruption is, Jay tells a personal story about how he failed big-time. He had a computer programming company that was bidding on a state contract to make...