Lonnie Deals in Action
Tuesday, November 14
Today is a bittersweet day. We had a Lonnie Deal payoff for the very first time in over six years. It’s bitter because we just lost the $275 income stream this deal was paying us and now we have to go out and replace that money.It’s sweet because I just got a text from my good friend named Mike H...
There is no such thing as failure
Monday, November 13
This morning I watched a video presentation by world-renowned motivator and educator Brian Tracy. He spoke of a study performed by the Harvard Business Review that included interviews of Fortune 500 CEOs. One of the questions asked was, “What was your biggest failure and how did you react to it?”...
What I learned at ‘What Box’
Monday, November 13
Ashley and I just got back from the “What Box” seminar on creative deal structuring presented by Bill Cook and Pete Fortunato. It was great, but I’m not going to lie – by the time we got through with class, my brain was numb.On the car ride home, we talked about the “aha” moments we’d had. One of...
The three piggy banks
Sunday, November 12
My son just had his fifth birthday and consequently came into some money. To a 5 year old, $30 feels like a fortune. As we were riding in the car one day, Seph began to contemplate what he should do with all that cash.At 5, he already knows to tithe. But he questioned what he should do with the o...
Business at the beach
Sunday, November 12
Here’s my current situation: I’m in Fort Walton Beach Florida. As the waves roll in, their sound makes a constant yet subtle roar that I’m sure was designed by The All Mighty to soothe the soul. The bleached white sand gently tapers down into clear, light blue water that mixes with varying shades...
Something new about earnest money
Friday, November 10
Earnest money can be defined as a good faith payment made by a buyer at the time of entering a contract to indicate their intention and ability to carry out the contract to the seller.Once upon a time, earnest money demonstrated the buyer’s commitment to purchasing the house and it was given dire...