…went under contract at $380,000, but pulled out after inspection. A second investor went under contract at $325,000, but pulled out. A third investor went under contract at $285,000, but…
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What a 2,000-Year-Old Roman Taught Me About Landlording
…More than 2,000 years ago, Roman statesman Cicero said that “refusing to set aside trivial preferences” is one of mankind’s most common mistakes. Clearly Cicero was a landlord. I’ve been…
We Bought a Third Rental House!
…sounds remarkably similar to House #2. Its location sets it apart. We’ve “stuck to our core competence” by only buying rental properties that cash-flow. We’ve diversified pretty heavily, though, when…
I Stepped Away from My Business for a Month. Here’s What Happened.
…ahead of time. Eliminate, then automate, then delegate. It’s cliche because it’s true. Don’t over-optimize. Understand when “good enough” is good enough. Surround yourself with people who are smarter than…
Curate Your Life, and the Rest Will Follow
…holler crazy-isms like, “if I win big, I’m upgrading to first class coming back!” (Don’t they know it “stays in Vegas”?) On a recent flight, I found myself seated amidst…
A new, unique take on FIRE
…These are the articles that teach basics around how the system works: “the 401k, 403b, and IRA are examples of retirement accounts,” or “stocks and bonds are examples of assets.”…
How Erin Saved One Years’ Worth of Expenses, Quit Her Job, and Enjoys More Flexibility
…hour. #3: You hard-core committed to building an emergency fund. Why? My parents were in debt, and they didn’t have any savings. I saw how severely this impacted them. Any…
Start Here
…spend $Y. The remainder is called the “gap.” Your job is to grow and invest the gap. That’s it. Money management is nothing more than the daily habit of minding…
Accelerate
You’re comfortable enough. You don’t hyperventilate about paying the electricity bill. You feel average — but who wants to be average? You’d like to accelerate to the next level. You…
New? Start Here
…infinitely sad is that so few people seem to understand the power of these simple principals. And by not understanding this, they resign themselves to a lifetime of long hours…