Big news!! This week I had the incredible pleasure of being a guest on the Chain of Wealth podcast! The awesome podcast hosts, Denis and Katie, have recorded over 100 episodes talking with members of the personal finance and FIRE community. Have a listen to the episode by clicking below, or download it on Read more about Chain of Wealth Podcast![…]
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[…]
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![…]
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!![…]
“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![…]
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[…]
I’m about to embark on a 4 week road trip with my wife and dog. And this beautiful, 2010 Prius, nicknamed “The White Shite”, will be our faithful chariot. Most of our friends laughed when they heard we were planning to travel in the Prius. Some kindly offered for us to take Read more about Everything Fits in a Prius[…]
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[…]
“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 4’s… Part 2: Investment Timeline and Numbers But first, 2 quick stories: 1. Yesterday I found 2 x new fourplex properties for sale in my target area. These are GOOD deals. Since I’m not in a position to buy, I forwarded the listings and numbers to 3 friends and Read more about 4 x Fourplexes (Part 2): Investment Timeline and Numbers[…]
How I Bought 4 x Fourplexes in 12 Months – (Part 1) **Quick Note: This is a long post. If you truly want to learn about my real estate, just call me, buy me a beer, and I’ll meet you and tell you all about it. And if you’re nice I’ll even Read more about How I Bought 4 x Fourplexes in 12 Months – (Part 1)[…]
Ever heard of a NINK? Probably not… because I just made it up. But you’ve heard of DINKs, right? Yeah, well, I’m throwing out a new acronym for those young couples out there that don’t have kids and don’t have to work anymore. NINKS = No Income, No Kids No Income? Read more about From DINKS –> NINKS: No Income, No Kids[…]
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[…]
Time To Declutter My Life! It’s time to get rid of some of the crap in my house. I was looking around the other day and noticed the amount of clutter has built up to an uncomfortable level. I’m not sure how I let it get this bad in first place. I mean, do Read more about Why do I have 7 Surfboards?… Operation Declutter![…]
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[…]