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A different side of financial freedom We have had a rough last couple of days. Tuesday morning my son Seph woke me up from the living room sobbing at 4 a.m. I was in the back bedroom and it was loud enough to wake me up from across the house. When I got there, I found the ear infection that had started on Monday afternoon had my boy doubled over in pain and crying almost uncontrollably....
The family board meeting Investors talk a lot about the financial freedom that comes from having investment property. We glamorize going on trips, not having a J.O.B. and feeling like we are more in control of our future because of the passive income from rental properties. But are those the real reasons why we invest in real estate? Let me clarify what I mean by that. ...
Three questions for the end of year review It’s that time of year again. It’s time to reflect on 2022 and then make new goals for 2023. What have you done to prepare for the coming year? If you’re not sure what to do, I’ll tell you the strategy we use that I learned from Jocko Willink, author of “Extreme Ownership: How U.S. Navy Seals Lead and Win.” He called it an “After Action...
Why buy rentals? Boy, we’ve had a week — maybe more than a week. You see, it really started when Ashley’s water broke last Thursday. When that happened, I spent the following Friday trying to finish everything I possibly could. I knew our fourth baby would be here soon, and I wanted to get as much done as possible in final preparation for that impending event. And I wanted to make sure...
Time is money more than money When I was first exposed to real estate investing, I was working for an investor down in Atlanta on his rehab crew. The guy’s name was Andy, and he had two of my friends and me doing everything on his rehabs that didn’t require a license, along with some stuff that probably should have. It was great for me. I was getting to see firsthand what a real estate...