LATEST POSTS
Your “prison” ain’t that bad
I have 2 pen-pals, both are serving time in prison. Real prison. (I started writing inmates last year after listening to the podcast Ear Hustle, and I found my pen pals at WriteAPrisoner.com.) One of my pals, James, is 24 years old and has been incarcerated since he was 15. Despite spending his entire adult life behind bars (and he Read more about Your “prison” ain’t that bad[…]
Layers: Like an Onion
When I go outside, I wear a face mask and gloves. It looks scary, but it’s just an outer layer. Under the face mask I actually have a huge smile! I’m a happy guy, even in tough times. But behind the smile, if I’m being honest, is a scared little boy who’s concerned about the Read more about Layers: Like an Onion[…]
Stay at home = lower car insurance?
Yesterday I got thinking… Now that my wife and I are stuck at home, I wonder if my car insurance company will lower my rate? (Based on the logic that we can’t drive our cars right now, and if quarantine continues into the year, we will be putting way less miles on our cars than Read more about Stay at home = lower car insurance?[…]
Lead From The Middle
Are you a “leader”? If you asked me this question 6 months ago, I would have said No. For as long as I can remember, I’ve always shied away from leadership positions. I thought being a leader meant you had to be at the front of the pack. The quarterback. All eyes on you. Read more about Lead From The Middle[…]
Disasters: Human Behaviour
How Do People Behave During a Disaster? Chatting with a friend last week, he told me he was stocking up on guns, ammo, and weapons… He said he’s planning for “when people start to turn on each other”. Maybe he’s seen too many doomsday movies. During a crisis, do humans really turn to theft, Read more about Disasters: Human Behaviour[…]
Hang in there! – You are not alone in this!
Over the last few weeks, I’ve spoken to about 10 people who were either turned down for jobs they applied for, missed out on promotions, or got let go from their jobs. 🙁 So I wanted to write a quick note for anyone else out there that might be currently going through the same… Rejection Read more about Hang in there! – You are not alone in this![…]
Let’s play a game… Can you predict the stock market?
This is a simulation game to test whether you can predict the timing of the stock market… Try it: Market Timing Game All you do is click the [Start/Pause] button, and the graph will start moving. Then, use the [SELL] and [BUY] buttons to move your money in and out of the stock market. Goal is obviously Read more about Let’s play a game… Can you predict the stock market?[…]
No complaining until April 1st!
I found a cool trick to help me create a habit of complaining less… It started last month when I realized I was complaining a lot to my wife. Every day when she got home from work I would unload the details of my day on her and complain about all the little things that Read more about No complaining until April 1st![…]
Little Unknown Facts About Gratitude…
Little unknown facts about gratitude: These are scientifically proven (by real scientists)… – Gratitude makes you happier in the mornings when your alarm goes off. – Gratitude makes you live longer… it extends your life span by up to 243% – Gratitude makes you better at playing sports. – Gratitude makes you a better dancer. Read more about Little Unknown Facts About Gratitude…[…]
Year to volunteer
More funny volunteering stories! It’s been 7 months since I started with Meals on Wheels. I still only do 1 day per week, and I’ve been promoted to a regular route (delivering meals to the same people each week). It’s important to stay positive while doing volunteer work, that’s why I collect and share these Read more about Year to volunteer[…]
101 Things to do at 5am!
Here’s a list of 101 things you can do when you wake up at 5am. I’ve tried to categorize them, so you can choose based on whatever mood you’re feeling that morning. Try some out, and let me know what you like or don’t like! Personally, I’ve tried almost all of these things over the Read more about 101 Things to do at 5am![…]
A One Degree difference – The Compound Effect
Imagine an airplane leaving from Los Angeles flying direct to Rome, Italy. The flight will take about 12 hours if the plane goes in a direct and straight line. But, if the nose of the airplane is pointed just 1 degree off course to the south, after 12 hours the plane will land somewhere in Read more about A One Degree difference – The Compound Effect[…]
Quick story from a plane flight in 2014
March 4, 2014 As I write this, I am on a plane to Seattle, planning to meet with some of the biggest companies in America. It’s my duty to talk to them about business continuity, and that’s a pretty important job. I am wearing a nice suit, my shoes are polished and hair is Read more about Quick story from a plane flight in 2014[…]
The Rock Doctors
About 10 years ago, I got a phone call from my Dad. He was really excited: ”Hey Joel, I’m starting a band! Me, Pat, Brassy, John, Boney Bob, *insert about 10 other nicknames I’ve never heard of*… We’re all gonna start a band called The Rock Doctors!” I was a little surprised. Dad was almost Read more about The Rock Doctors[…]
It’s the 1st of the Month – Time to Celebrate!
About 5 years ago, my wife and I started a tradition of celebrating the 1st of every month. It sounds silly, but we love it. We do this because: 1) It began when we bought our first rental property together. Rent checks come in on the 1st of each month, and even though most (sometimes Read more about It’s the 1st of the Month – Time to Celebrate![…]
Australia Day – Funny Stats and Facts
Today is January 26th, and it’s…. 🇦🇺 AUSTRALIA DAY! 🇦🇺 Here’s some fun and interesting Aussie statistics for you… – A 2019 survey shows 88% of people are proud to be Australian. That’s a lot of Aussie pride! – 98% of Aussies will host or attend a BBQ today. But less than 1% will Read more about Australia Day – Funny Stats and Facts[…]
A Lesson From Palm Trees…🌴
🌴 A Lesson From Palm Trees… 🌴 There are 2 gorgeous palm trees standing either side of my house. They’re about 60 feet tall and are really beautiful. I love them. But sometimes, they do this… A big wind storm comes and blows off all the dead palm fronds. It creates a huge mess Read more about A Lesson From Palm Trees…🌴[…]
Your 200 Year Plan: Your Legacy
The presenter asked, “By show of hands, who out there has a 5 year plan?” About 200 of us were all packed inside a mid-sized training room at my company headquarters. I raised my hand. Looking around it surprised me that most of the audience had their hand up also. Apparently everyone these days Read more about Your 200 Year Plan: Your Legacy[…]
Today Statistics – Pre-Christmas…
Did you know, today… – You’re probably going to get richer! Because statistically, Monday is the most likely day of the week that the US stock market will rise, rather than fall. – We’re probably in for good weather, too… Mondays have the least chance of rain! – There will be 384,701 babies born today. Read more about Today Statistics – Pre-Christmas…[…]
Financial FOMO: What, Why and How To Avoid It.
What is Financial FOMO? You’ve probably heard of regular FOMO, which is the fear of missing out. It’s when you worry or have anxiety about missing out on fun and memorable experiences in life. What about Financial FOMO? Financial FOMO is a little more specific. It’s when you worry about missing out on financial success Read more about Financial FOMO: What, Why and How To Avoid It.[…]
Changing My Attitude… Changed My Life!
November 2009, exactly 10 years ago… I was sitting in my tiny apartment on a Friday night, feeling alone and sorry for myself. It had been a long and crappy work-week, and I was exhausted and frustrated about where I was in life. My friends invited me out to a bar that night. At Read more about Changing My Attitude… Changed My Life![…]
More fun volunteering stories!
Good morning! Here’s 5 quick stories from my recent Meals on Wheels adventures… – Last week I delivered to an old lady, and when she answered the door she had no pants on. Instead of acting shy or apologizing, she just smiled and shrugged her shoulders as if to say, “I don’t really feel like Read more about More fun volunteering stories![…]
Monday is on your side
Think of Monday as a tool. A day that is on your side. A day that most people dread or disregard. Thinking the opposite of most people gives you an advantage. Monday is a day to not just get ahead, but to get miles ahead. A day to be unstoppable. Ready to kick some ass Read more about Monday is on your side[…]
Halloween – Statistics in the USA – 2019
Today is Halloween! And there’s some weird stuff going on tonight… – Americans will spend about $8.8 billion in preparation for Halloween tonight 🤮. – 22% of Americans will go to a haunted house attraction. – And 80% of those haunted houses are operated by charities! (It’s a good thing, because they generate ~$300mil Read more about Halloween – Statistics in the USA – 2019[…]
The Pessimists are Always Right (In the Short Term)
The Pessimists are always right! (in the short term) – Guest post written by Joel’s Dad! – Do you ever get tempted to divide everyone up into optimists and pessimists? Optimists are always looking on the bright side; “glass half full”, ready to accept even the smallest chance of success against the odds. Read more about The Pessimists are Always Right (In the Short Term)[…]
Accidental Hard Money Lending
Steve: Hey Joel, can I borrow $50,000? Joel: Ah… that’s a lot of money… What are you gonna do with it? Steve: Well, I have an opportunity to buy a rundown house. My plan is to fix it up, put a renter inside, and then sell it to another investor as a “turnkey” rental Read more about Accidental Hard Money Lending[…]
Classic “Money Rules” Applied to TIME
FIRE is not a single point in time. It’s a lifestyle. If you follow a basic set of money rules it will lead to a financially successful life. The same thing can be said about TIME. To me, 5am is not a single point in time, or a number on a clock face. It’s a Read more about Classic “Money Rules” Applied to TIME[…]
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[…]
Don’t be a leaf blower!
I hate leaf blowers. Every Monday my gardeners come and fire up 2 loud leaf blowers. They circle around my house blowing all the leaves, dust, sticks and rocks away from my yard and straight into my neighbors yards. A couple days later, my neighbor’s gardeners come. They fire up their leaf blowers and blow Read more about Don’t be a leaf blower![…]
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…[…]
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?[…]
Volunteering Updates…
A few people asked for an update on my volunteering efforts. Here are the highlights… Summary: It’s been about 3 months, I volunteer only 1 day per week at Meals on Wheels in Santa Monica. My job is to drive around and deliver meals to people who can’t source food for themselves. Some clients are Read more about Volunteering Updates…[…]
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[…]
20 x Mondays left this year
Monday Mindset: I used to dislike Mondays. A lot of people do. I used to wake up and think of the bad things the day would bring. I pictured all the crap I didn’t like about my work, life, or other people. And instead of changing the things I didn’t like about my life/work, it Read more about 20 x Mondays left this year[…]
Financially Independent and Miserable :(
Houston, we have a FIRE problem… Check out the results below of a recent survey: Are you as shocked as I am!!? 43% of people said they would rather be financially independent and miserable vs. broke and happy. Ouch! Why would anyone want to be miserable vs. happy? Since when does a big bank Read more about Financially Independent and Miserable 🙁[…]
The Surfer’s Secret
Surfing is a strange sport. About 99% of time is spent paddling and waiting, and only 1% actually standing up and riding waves. Sometimes I’m in the water for 2 hours and only catch 4-5 waves. This can be frustrating for beginners and bystanders to understand. Why go through hours of pain only to get Read more about The Surfer’s Secret[…]
3 x Monday Monkeys
Today, keep these 3 wise monkeys in mind… Speak no evil: If you don’t have anything nice to say, don’t say it. Office gossip, yelling at traffic, phone etiquette, etc.. Be kind when you speak! See no evil: If you’re looking for flaws, you’ll find them. Instead, focus on the beauty around you and keep Read more about 3 x Monday Monkeys[…]
How Many Toilets Do You Own?
Newbie: “Real estate investing sounds so cool! How many rental properties do you own?” Me: I own 22 toilets. Newbie: “Huh? I was asking about your rental houses.” Me: I know. Let me tell you. Somewhere in Texas, there are 22 toilets that I own. Right now, and throughout the day, people are shitting in Read more about How Many Toilets Do You Own?[…]
Be different on Mondays
It’s easy to stand out on Mondays. Be different, be happy, and don’t let anything (or anyone) get you down. Happy Monday, make it a good one!
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[…]
4th of July – Statistics for 2019
🇺🇸 Today is Independence Day! 🇺🇸 Here is what we crazy American’s will get up to… – We will eat A LOT of hot dots today… About 150 million. – 37 million hot dogs will have come from Iowa. – And 70% of the lettuce in our salads was grown in California! – 26% Read more about 4th of July – Statistics for 2019[…]
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)[…]
Mondays belong to the go-getters!
Hello and good morning to you! You know how sometimes on Fridays if you work really hard you might get to finish early and leave at 3 or 4pm for an early weekend…? Well have you ever tried doing that on a Monday? It’s totally possible. And even more fun than Fridays. They say that Read more about Mondays belong to the go-getters![…]
How Much Does 1 Year Off Work Cost?
“Dude, how much did it cost you to take a year off work?” This is the question I asked my cousin many years ago. My cousin is now 35, lives in New Zealand, and has taken 2 separate 12 month career breaks to travel the world, spend time with family, and just enjoy Read more about How Much Does 1 Year Off Work Cost?[…]
Most Sharks are Actually Just Dolphins or Seals
Most of my surf sessions are between 5 and 7am. The conditions are perfect, there are no crowds, and it’s a great way to start the day. But it can be scary… Because when you’re in the ocean before sunrise, it’s completely dark, you’re all alone in open water, and all you can think about Read more about Most Sharks are Actually Just Dolphins or Seals[…]
Alcohol and Finances
Food is a necessity in life. Water is a necessity. Shelter is a necessity. These are the basic things we need to survive. But after these must-haves are covered, what is the next priority on the list? For my wife and I, it’s alcohol. At least that’s what our annual spending reports tell us. Read more about Alcohol and Finances[…]
Rule #1: Don’t be an asshole.
It seems like a pretty easy rule to follow. People usually don’t intend to be assholes. But for some reason it ends up happening from time to time. It happened to me the other day… I caught myself being rude for no reason. So I drew the below flowchart to help remind me of this Read more about Rule #1: Don’t be an asshole.[…]
No College Education – No Worries!
I never went to college. It’s not because I didn’t have the time or the money… It’s because I didn’t have the patience or maturity. Back then, I was an ungrateful little shit with a bad attitude towards education. I was convinced that school was for fools. In hindsight, the only fool was me. I Read more about No College Education – No Worries![…]
How to STAND OUT on Mondays
Standing out on Mondays is easy!… (Just do the complete opposite of what all the regular people do) – Be alert while others are sleepy – Smile and be happy while others are grumpy – Get stuff done while others are procrastinating – Work hard while others are hoping and wishing life will magically get Read more about How to STAND OUT on Mondays[…]
Rejection: Disaster or Opportunity?
Yesterday I got some bad news. I was turned down for a job I applied for. Not just any job, this one I would have been perfect for, and I was very very very excited about the position and company. Rejection sucks! I’ll be honest with you guys… I feel pretty shit right now. And Read more about Rejection: Disaster or Opportunity?[…]
Cheer for Yourself!
A writer once visited Kane West’s house. As he walked in he noticed a massive poster of Kanye hanging in the living room. The writer asked, “Kanye, why do you have a giant picture of YOU on the wall?” Kanye replied, “Well, I gotta cheer for me before anyone else can cheer for me”. Read more about Cheer for Yourself![…]
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[…]
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?[…]
Circle of Invisible Mentors
Have you ever met Richard Branson, the founder and CEO of Virgin? I’ve met him. Well, I feel like I have. Richard is one of my imaginary mentors, and we meet up every few weeks – in my mind. Now before you stop reading and conclude that I’m nuts, please give me a few Read more about Circle of Invisible Mentors[…]
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[…]
5AM Activities – What Do You Do at 5AM Every Day?
Here’s a common question I get asked when people learn about my 5AM activities. What the heck do you do at 5AM every morning? The short answer is: Whatever I want! And the longer, more annoying answer is: It depends on the day. My morning routine and 5am activities change depending on what Read more about 5AM Activities – What Do You Do at 5AM Every Day?[…]
2019 Valentines Day Statistics
Here are some interesting statistics for you this Valentines Day: 72% of millennials say they would break up with their partner if they forgot Valentine’s Day. The average millennial spends $182 and over 27 hours planning their Valentines Day gifts for their sig-nif other. 54% of men in Italy dress up as Saint Valentine Read more about 2019 Valentines Day Statistics[…]
Motivation vs. Discipline
“Waaaah, my life is so hard. I wish I had more motivation to do my stuff.” Have you ever heard someone say this? Or have you said it yourself? Well instead of motivation, what might be needed is just a little discipline. There’s a big difference between motivation and discipline. – Motivation is fleeting – Read more about Motivation vs. Discipline[…]
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[…]
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![…]
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[…]
My Wife Deserves a $2M McMansion
My wife is the nicest, kindest, and most caring person in the world. She deserves everything under the sun. And there’s nothing I wouldn’t do to increase her happiness. So when we first met 9 years ago, my mission in life was clear: “What my wife wants, my wife gets. Even if it kills Read more about My Wife Deserves a $2M McMansion[…]
Chain of Wealth Podcast!
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![…]
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[…]
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?[…]
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![…]
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![…]
Where is your grandma?
Yesterday I witnessed a 5am miracle… It was 5.40am, I was taking a stroll around my neighborhood. I came across an old lady, in her pajamas, shivering cold on the side of the road. She looked up at me and whispered “help”. She was lost, only remembered her first name and nothing else. Read more about Where is your grandma?[…]
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[…]
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![…]
Saving Money on Booze – The Aussie Way
I recently read a post by Fly to FI about ways to save money on liquor. It was written by a 22 y/o fire-walker, and he noted some excellent points. (Although young, Fly to FI has a cool blog and perspective, check it all out here) I remember when I was 22. I pulled Read more about Saving Money on Booze – The Aussie Way[…]
6 Tips for Waking Up Early and CRUSHING IT
Getting up early changed my life. And I bet it will change yours too. But where do you start? How do you stay consistent? Below are some tips that I use to wake up early each day. My hope is that these will help you too. Whether it’s 5am, 6am, or even if you Read more about 6 Tips for Waking Up Early and CRUSHING IT[…]
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[…]
Mondays don’t suck. My attitude does.
Mondays don’t suck. – My attitude does – Today, a lot of people will be looking for excuses to be grumpy. They will blame Monday, their jobs, managers, commute time, workload, etc. I’m not gonna join them. It’s easier to adjust my attitude in the morning. I will find my morning bliss, and enjoy the Read more about Mondays don’t suck. My attitude does.[…]
Ready… Set… STRESS!
How well do you handle stress? When you’re laying in bed awake at night, are you dreaming about the fun things in life? Or are you stressing about the potential problems you come across each day? I used to think stress came and went as a result of the environment I was Read more about Ready… Set… STRESS![…]
Everything Fits in a Prius
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[…]
The Sunk Cost Fallacy – STOP Digging!
Ever heard of the Sunk Cost Fallacy? I was at the grocery store the other day. There was only 1 checkout lane open and a long line of customers in front of me. Waiting around, I struck up a conversation with the guy in front of me. Really nice guy. He was headed Read more about The Sunk Cost Fallacy – STOP Digging![…]
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[…]
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[…]
How to Make Artisan Bread For 60 cents!
Stop Buying Bread. It’s only flour + water. Easy stuff. I’ve been making my own bread for years. Not only do I save money by making it myself, the bread I make is 100x better AND fresher than the crap they sell at the store or farmers market. The Recipe: Read more about How to Make Artisan Bread For 60 cents![…]
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[…]
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)[…]
From DINKS –> NINKS: No Income, No Kids
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? By Read more about From DINKS –> NINKS: No Income, No Kids[…]
Should Everyone Be Getting Up at 5 AM?
So, you might be wondering if I think YOU should be getting up at 5AM…? Well before I give my opinion, let’s remember: “Opinions are like butt-holes. Everybody has one, and none of them smell very good.” People FOR Getting Up at 5AM: There’s a ton of 5AM-er gurus out there like Robin Read more about Should Everyone Be Getting Up at 5 AM?[…]
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[…]
Why do I have 7 Surfboards?… Operation Declutter!
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![…]
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[…]
5 AM Life: The First 30 Days
The first 30 days of getting up at 5 AM is bittersweet. It’s awesome, but it can really suck at the same time. It’s not just mentally and physically exhausting, this seemingly minor life change bleeds into and affects almost every area of your life. Work performance changes, friends and family all react in different Read more about 5 AM Life: The First 30 Days[…]
The 5 AM Challenge: It Begins
I am NOT a morning person… I’m not really a morning person. Never have been. So, why even start a 5 AM challenge? When I was little I used to wake up in a bad mood every morning. This bothered my Mom quite a bit as I was a major disruption to Read more about The 5 AM Challenge: It Begins[…]