Fear and proactivity

Fear and proactivity

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…

It’s a journey

It’s a journey

It’s a journey   I’m often asked by newer investors how long it took for Ashley and me to get out of corporate America. It’s an interesting question, because neither she nor I have ever been part of anything corporate other than the entities we’ve set up. Truthfully, I’ve never had a “real job.” And when I tell people that, I get some rather puzzled looks.   What I really…

Effective massive action

Effective massive action

Effective massive action   I’m writing this to you at a quarterly business mastermind group. The meeting’s location changes every time, and this quarter, it’s in Nashville Tennessee.   On a recent night after the meeting let out, I needed to go to Kroger to pick up some supplies. My GPS said there were three of these stores equidistant from me. Not being familiar with the area, I just picked…

Prioritize and execute

Prioritize and execute

Prioritize and execute   For the last two weeks, I’ve been on my eighth reading of a book called “Extreme Ownership, How U.S. Navy SEALS Lead and Win” by Jocko Willink and Leif Babin. (Well, technically I’m not reading it. The authors are reading it to me via Audible. But this is the eighth time I have listened to it.)   This book is awesome. The authors, Jocko and Leif,…

How do you measure success?

How do you measure success?

How do you measure success?   I was standing in a store the other day buying materials for a project when I saw a friend I haven’t seen for years. He also happened to be buying things for a project he was working on.   We talked for a while, catching on up on the past. Toward the end I said, “So, you’re still at it” in reference to his…

You can change the world

You can change the world

You can change the world   Recently, I was standing in line at a home improvement store purchasing lights and other finishes for two flip projects we have going. As the cashier was ringing me up, I struck up a conversation with her about how life was going.   Life has been challenging for her, to say the least. She is battling kidney disease, one of her children has Stage…

Invest in yourself

Invest in yourself

Invest in yourself   I wonder if we, as real estate investors, get so caught up in flipping and landlording that we don’t take time to focus on what the word “invest” really means. One definition of investing is to devote one’s time, effort, energy or money to a particular undertaking with the expectation of a worthwhile result.   Now, that’s easy to wrap your head around with a flip…

Evil’s greatest tool

Evil’s greatest tool

Evil’s greatest tool   I read a story recently in a book called “Chop Wood, Carry Water” by Joshua Medcalf that I would like to share with you. It goes something like this:   Once, there was an evil old witch who was going out of business. As such, she decided to have a yard sale to get rid of all the ‘tools’ she had used over the years in…

They think differently than we do

They think differently than we do

They think differently than we do   Ashley and I were out knocking the pre-foreclosure doors in Whitfield county yesterday. While we were there, we had an interesting experience that I would like to tell you about.   The first couple of houses we went to were your normal $125-140k house in nice neighborhoods. I say “normal” because that’s the price range that the average person lives in in our…

Did we buy an alligator?

Did we buy an alligator?

Did we buy an alligator?   Real estate investors are known for being risk takers. As a matter of fact, most of the time the reason an investor gets into trouble is because they estimated too high on what a property would sale for once they fixed it up.   The outcome for this speculation is that the investor gets too thin with their numbers and overpays for the property….