Work to learn, not to earn
Sunday, December 25
Work to learn, not to earn:There are concepts that have truly life-altering effects. For us, the idea of working to learn, not to earn was one of them. This notion came from a book we read called “Rich Dad Poor Dad” by Robert Kiyosaki.If you’ve never read that book, please do. It’ll change the wa...
How to make your top offer
Monday, December 19
How to make your top offer:When you’re looking to buy an investment property, it’s important not to get emotional while evaluating the deal. Let me warn you, failure to keep your emotions in check will cost you big time. Ask me how I know.One of the worst deals Ashley and I ever did was a result ...
You need to protect your assets, trust me
Monday, December 12
You need to protect your assets, trust me:When people are getting started in real estate, they often assume they need to form an entity like an LLC or an S corporation first thing. The two main reasons for this are to protect their assets from lawsuit and to take advantage of certain tax breaks.I...
I could just kick myself
Monday, December 05
“I could just kick myself”Is what the lady said as she teared up and turned away from me standing outside that rental house. It was early evening, just after she and her husband had gotten off of work. With her back turned to me so I didn’t see the tears fall, she said, “I just didn’t know people...
Mom and Dad got one!
Tuesday, November 29
Mom and Dad got one:I’m so proud of my mom and dad. They just bought their very first income producing property – and they did it very creatively.In early fall 2005, my mom and dad broke ground on a house. At the time, my brother-in-law, Michael, was their builder with myself and two other friend...
Easy on people, hard on the problem.
Monday, November 21
Easy on the people, hard on the problemI learned my property management system from David Tilney. He has a fantastic course that will change the way you view land lording in general. One of the things David says is, “Be easy on the people but hard on the problem.”Truthfully, when I heard this, I ...