Debt. Vs. Equity - Strategies to Fund Your Next Real Estate Purchase
Wednesday, June 12
As a hard money lender, I get calls daily from real estate investors wanting help funding their next project. Many of them are so focused on one way to do it, they sometimes miss opportunities to make money. It was a few months ago I spoke with an investor that wanted us to fund a deal in Denver....
A Perfect Disaster - Why trying to be perfect is a great way to fail
Monday, May 13
Why trying to be perfect is a great way to fail - and how to avoid it.The best is the enemy of success! What I mean by this is so many of us are so focused on the best that we take very little action towards our success. We are focused on the best place to eat, the best time to work out, the best...
Alligator Skin: The Sure-Fire Way to Self-Improvement
Wednesday, April 17
I was holding my new-born daughter, Maddie, on a spring night in 2008. The house was quiet, and I left her room dark as I soothed her back to sleep. I was exhausted but I did not want to let her go. I was in the middle of the hardest time in my life financially. I recently learned of a partner wa...
FINANCIAL DEFENSE The True Path to Wealth
Friday, April 12
"Congratulations! You play fantastic offense" This was said sarcastically by Thomas J Stanley in his famous book, The Millionaire Next Door. I have not read or listened to this book in more than eight years, but I still remember this phrase. That one, and the millionaire saying, "I drink two type...
BIG TAX BENEFITS? Qualified Opportunity Zones
Friday, March 29
I received another call last week about someone wanting to invest in an Opportunity Zone (OZ). I asked "Why?" and they said, "To save on taxes and make more money."Ok, I understand and that is a good answer, but what is the plan? How will you save money on taxes? How much will you save? There see...
Money Is Actually Important
Monday, December 10
"If you think that money is not important, you don't have any"After hearing the panelist make this comment, I immediately looked around the room to see who he just offended. Although I agree with him, I was surprised to hear him make such a strong comment in such a public forum. The truth is, th...