When I bought my first piece of commercial real estate, I was a property manager. Serving various types of properties such as retail, office and apartment communities, I worked with countless clients and investors who seemed much smarter and more financially put together than me. It was clear that they had their “stuff” together – they earned well, didn’t overspend, etc. They also knew how to buy investment real estate.
Read MoreThere’s a famous computer coding concept known as GIGO – Garbage In / Garbage Out. If you put sloppy coding (information) into a computer, you will get equally or greater sloppy results.
Read MoreBack on April 6th (that seems forever now, but it was only four months ago), I wrote an article Making Money with the Internet is a Real Business! The article was about my 9 year-old’s fascination with YouTuber, Dan TDM. At the end of the article I reported how I had bought us tickets to see his live show.
Read MoreIn the spring of 2002, I bought a used Mercury Sable from an abandoned auto auction held at a local tow yard. I thought this would be a great way to get an extra vehicle. I was driving a 1989 GMC S-15 and worried that if it ever broke down I’d need a back-up vehicle. The Sable was very clean, although really nerdy. However, I couldn’t complain for $600.
Read MoreMy girlfriend is smart. I’d like to say she’s smart for being my girlfriend, but it’s the other way around. I out-kicked my coverage when I met her. She’s very bright and will engage in conversations on a variety of subjects. If she’s not well-versed on the subject matter, she won’t fake it, but she will listen intently and try to provide feedback where valuable.
Read MoreIn December of 2015, my real estate broker sent me a listing for a single-family home on the north side of town. You may be asking yourself, “Wait, isn’t this guy a real estate broker? Why is he working with another agent?”
Read MoreAugust 1st is National Night Out, an annual opportunity to promote building partnerships between communities and their police departments along with fostering neighborhood camaraderie.
It’s also an occasion to look at how we can make our neighborhoods a safer place. As such, I thought I’d take a moment to highlight an organization in my community that is tasked with just such a mission.
Read MoreSo, you’re interested in redeveloping a commercial building? You want to buy a vacant property, rehab it, tenant it and then start collecting rent. That process is called “adding value” and it’s awesome. Congratulations! It’s one of the most fulfilling experiences in commercial real estate investing.
Read MoreIn the days of muskets, soldiers carried gunpowder separately. To ensure that the powder would ignite when the need arose, the soldiers took special care to protect it from moisture. Anything that would dampen the powder could put the soldier’s life and, the lives of those around him, at risk.
Read MoreCreating The Bumbling Millionaire and then developing weekly content for it has been a great experience. It’s allowed me the opportunity to meet other bloggers who are creating some really great work. Studying their content has given me a goal to strive for each week and beyond.
Read MoreI recently watched a video from Chris Ducker on how to not sound like a sleazy salesman in your blog content. Chris then made the audacious claim that content marketers are worth more than a salesperson. While the actual content of that video was very good, the video's hook grated me due to the characterization of salespeople.
You see, we’re an easy target.
Read MoreHave you ever asked a friend for a mechanic recommendation and they say, “I have a guy.” Or when you tell another friend that you’re looking for advice on a problem they say, “I know this gal who is an expert.”
Read MoreWe’ve talked a lot about debt on this site. We can’t focus on both investment real estate and personal finance without doing so. Debt is a complex tool that can trigger many emotions. However, it’s my belief that the more we understand it, and our emotions, the better we will be prepared to use it when needed to acquire a piece of real estate.
Read More“Life is too short to drink cheap beer.” That was my mantra for a lot of years. I’d proudly say that while ordering one of the latest craft beers that my favorite joints would have on tap. Each time I’d visit I’d peruse the beer menu and take my time selecting.
Read MoreUntil now, I’ve been hesitant to write about my blogging experience. This is for a couple of reasons.
Read MoreI read an article recently wherein the writer stated that all debt is bad. I paused on his stance and reflected for a bit. It seemed extremely militant. I’m not saying the author can’t take that position, it’s just that I don’t agree with him.
Read MoreOne of the fascinating things about Robert Kiyosaki’s Rich Dad, Poor Dad was the idea that the wealthy teach their kids different things than the poor or middle class.
Read MoreHave you heard people espouse the idea that you can be successful if you turn your hobby into a business? Or how about the concept that your chances of success are greater if you can turn your passion into a business idea.
Read MoreMy girlfriend gave me The Power of Now: a Guide to Spiritual Enlightenment by Eckhart Tolle a couple years ago. At the time, I’d just read my first book on Stoicism and was intrigued by the idea of a philosophy that would help me find tranquility in life. She’d read a review of Tolle’s book and thought it might be something I’d find interesting.
Read MoreHow do you get to work? If you’re like me, you are one of the multitude who needs to get to an office via car. I’ve taken steps to work remotely a couple days a week so those necessary trips have been reduced.
Read MoreA blog focusing on growing wealth through commercial real estate investing and developing along with aggressive savings and personal responsibility.
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