RISE EARLY. RETIRE EARLY.

Just an average guy, living an above-average life!

Dumping Amazon PRIME

  Earlier this year I cancelled my Amazon PRIME membership. It’s not because I’m disgruntled or didn’t enjoy their service. I’m actually a huge fan of Amazon. My reasons for cancelling were: I realized the “benefits” of PRIME membership can easily be found elsewhere – free shipping, fast shipping, convenience, streaming, etc. is not unique Read more about Dumping Amazon PRIME[…]

Down tree at fourplex

Hiring a Property Manager? – Ask These Questions…

  Property Managers are the backbone of your buy & hold rental business. While you’re sitting back and counting your money, they are watching over your affairs and handling all the dirty tasks that you don’t want to do. Finding a good property manager however, can be a hard task. There are hundreds of management Read more about Hiring a Property Manager? – Ask These Questions…[…]

Financial Independence Sunset

What does Financial Independence mean to you?

  Beyond the literal definition of Financial Independence, there’s a deep and personal meaning this term holds. Every time I ask someone “What does FIRE (Financial Independence Retire Early) mean to you?” I hear a unique and individual answer. It’s interesting hearing everyone else’s response. Most people describe freedom, flexibility and custom lifestyles, but no Read more about What does Financial Independence mean to you?[…]

Real Estate Syndication Complex

Syndications for Beginners: How to Vet Sponsors & Deals

  OK, so you’ve read about these so called ‘syndications’ and think you may want to give it a try… You’ve got a spare $50k in your checking account and feel bad that it’s just sitting there not earning any interest. Your friend one day says “hey, I know a guy that’s buying a mobile Read more about Syndications for Beginners: How to Vet Sponsors & Deals[…]

Credit Card Hacking Photo

Credit Card Hacking – Personal Summary, Timeline & Notes

SUMMARY: It’s been 16 months We’ve opened 8 new credit cards Received $6,565 in signup bonuses and rewards travel We paid $457 in membership fees so far A whopping $149,000 in total available credit lines Starting credit score = 764 Current credit score = 810 I’ve been taking notes every time I applied for a Read more about Credit Card Hacking – Personal Summary, Timeline & Notes[…]

Downsides to out of state rental properties

The Downsides to Owning Out of State Rental Properties (And How to Deal With Them)

There are downsides to owning out of state rental properties. Some of them can be combated with careful planning and extra ongoing efforts, while others are simply unavoidable. None of my rental properties are even remotely close to where I live. (In fact, the closest property I own is 1,463 miles away – just a Read more about The Downsides to Owning Out of State Rental Properties (And How to Deal With Them)[…]

Fourplex Saga Part 3

4 x Fourplex Saga – (Part 3) – Property Management & Accounting

  It’s now been a full 12 months since purchasing the last fourplex property, and I’ve learned a TON of stuff during this time. The buildings have mostly stabilized, and my personal involvement has shrunken down to just a few hours of work per month. In this post I talk about property management, and share Read more about 4 x Fourplex Saga – (Part 3) – Property Management & Accounting[…]

Real Estate Syndication Complex

Syndications for Beginners: What is a Real Estate Syndication?

  In late 2018, I changed my primary investment strategy to real estate syndications. I’ve invested $100k so far across 2 different apartment complex deals, and plan to fund another 2-3 syndication projects in 2019 also. What the heck is a real estate syndication anyway??? To help answer this question I’ve asked Michael Bishop from Read more about Syndications for Beginners: What is a Real Estate Syndication?[…]

making mistakes real estate

Making Mistakes in Real Estate – We All Do It

  Sometimes I feel like the world‘s worst real estate investor. Even with all the books, podcasts, and knowledge I’ve consumed over the years, I still regularly screw up, waste time, lose money, and make rookie mistakes. I’m not alone…   Perfect Investors: – don’t lose money, – don’t make mistakes – don’t need help Read more about Making Mistakes in Real Estate – We All Do It[…]

How to Start Big Fights with Your Partner About Money

  I don’t mean to brag… but back in the day I used to be pretty awesome at starting fights about money. My expert skills earned me 7 messy break-ups, 3 National Asshole Awards, and countless nights sleeping on the couch! Unfortunately, I’ve lost my touch over the years, and my wife and I barely Read more about How to Start Big Fights with Your Partner About Money[…]

Prostitute High Heels

There’s a Prostitute in My Rental Property!

  There’s a Prostitute in My Rental Property!     You’ve probably heard the saying… “Pimpin’ aint easy”… And after my recent experience I can verify that this is 100% true. Especially when you don’t even know you’ve been pimpin’ to begin with! I’ve been a real estate investor (please note this is just a Read more about There’s a Prostitute in My Rental Property![…]

Strategy Change

Changing Real Estate Investing Strategies

Earlier this year I found myself in a rut. A real estate investing rut. I had my head down focusing on buy/hold rental properties for so many years, I never really took a step back to consider my overall strategy and general position as an investor. In addition to this rut, a couple new factors Read more about Changing Real Estate Investing Strategies[…]

FinCon 2018 Reviews and Highlights

FinCon 2018 – Recap & Highlights from a First-Timer

  I just returned home from FinCon 2018 held in Orlando, Florida. This was my first time attending the conference, and it won’t be my last. The conference itself was educational, professional, and I came home with a lot of practical action items to help with my blogging. What happened outside conference hours, however, is Read more about FinCon 2018 – Recap & Highlights from a First-Timer[…]

Pay Yourself First Square Head

Is it Selfish to Pay Yourself First?

  When you hear “Pay Yourself First” what do you think of? It sounds like something a rich and greedy person would say… Let’s break it down:   Pay = something money related. Yourself First = something selfish. The complete opposite of what our parents taught us.   OK now let’s see what happens if Read more about Is it Selfish to Pay Yourself First?[…]

House Flip Case Study

Funding a House Flip – Numbers, Notes, and Q&A!

  Investing in a House Flip   For a long time my investment strategy has been “buy and hold” rentals. Specifically, small multi-family properties. This has been a slow and conservative way to building wealth through real estate. I’ve read about people that “flip” houses for quick profits, and it never really interested me in Read more about Funding a House Flip – Numbers, Notes, and Q&A![…]

motivation for me?

Need Motivation?… BE the Motivation!

  Need motivation? BE the motivation!   When I was younger, I got turned down for a job promotion at work. When I asked the hiring manager for reasons why I didn’t get the job, he said that something during my interview worried him. Apparently, when he asked me about teamwork, I told him: “My teammates Read more about Need Motivation?… BE the Motivation![…]

500 days

500 days left… until Year 2020!!

If you were going to start a 500 day challenge, this coming Sunday would be the perfect day to start. Because:   Exactly 500 days from Sunday it will be January 1st, 2020.   Even the tiniest positive change added into your daily routine, done consistently for 500 days in a row, could have you Read more about 500 days left… until Year 2020!![…]

Daily Date – How waking at 5am boosts my performance

  I’m very excited to share a guest post from another 5am Rockstar, Jemma Martin. Jemma is KILLING IT in both her business and personal life. She goes on a daily date – with herself – each morning that helps her plan, execute, and live life by her own design.    Daily Date – How Read more about Daily Date – How waking at 5am boosts my performance[…]

Just do it title

Financial Independence via JUST DO IT!

“What do you think sets apart successful people from those who give up, fail, or never even get started?” This is the final question at the end of every episode of my favorite podcast, BiggerPockets. It has been asked nearly 300 times to successful investors, business experts, and entrepreneurs who are guests on the show. Read more about Financial Independence via JUST DO IT![…]

Personal QBR

It’s Time for Your QBR: Quarterly Business Review

  It’s July 1st and time for your QBR!   What’s a QBR?   The last company I worked for had a grueling ritual at the beginning of each new sales quarter. Each sales rep had to prepare a detailed powerpoint presentation and deliver it to a room full of peers, managers, and executives from Read more about It’s Time for Your QBR: Quarterly Business Review[…]

More equals less ROE

When More Equity = Less Return

  Congratulations! Your investment property has risen in value!   Before we go out celebrating, let’s talk quickly about return on equity. Having more equity doesn’t necessarily mean that you have more money working for you.   In fact, as your property value increases, your return on equity decreases.   Wait a sec… What the Read more about When More Equity = Less Return[…]

Cyril Parkinson

Retire Early with Parkinson’s Law

    “Work expands so as to fill the time available for its completion”     A dude named Cyril Parkinson wrote this phrase in the opening sentence of an essay published in 1955. (Original article here)   From what I gather, Parkinson was basically making fun of the government for wasting time and money. Read more about Retire Early with Parkinson’s Law[…]

4 x Fourplexes (Part 2): Investment Timeline and Numbers

  4 x Fourplexes… Part 2: Investment Timeline and Numbers   Finding The Fourplexes: Probably the coolest part of this story is that these Fourplexes were found and purchased off-market. Meaning, nothing was listed for sale publicly on the MLS, and I was the only investor who knew about it. No competition, no worries. One Read more about 4 x Fourplexes (Part 2): Investment Timeline and Numbers[…]

4 fourplexes

How I Bought 4 x Fourplexes in 12 Months – (Part 1)

How I Bought 4 x Fourplex Investment Properties in 12 Months – (Part 1)   In the last 12 months my brother and I purchased 4 x fourplex rental properties in a small town in Texas. These were all off market properties (not listed publicly for sale on the MLS), all purchased from the same Read more about How I Bought 4 x Fourplexes in 12 Months – (Part 1)[…]

First Investment Property

My First Investment Property, Age 18

15 Years Ago…   I was 18 years old and barely out of high school when I bought my first investment property. Actually, I should really say “stumbled upon” my first investment property. It was a family deal, driven mostly by my parents. Now before you go thinking that I was born with a silver Read more about My First Investment Property, Age 18[…]

Tracking My Savings Rate as a Young Kid

It all started with Mom…   I think about my savings rate in a different way than most people. It’s because of my Mom.   When I was a young kid, my Mom paid me and my siblings to do chores around the house. Pretty standard chores like doing the family laundry, vacuuming/mopping, dishes, yard Read more about Tracking My Savings Rate as a Young Kid[…]