Category: goal setting
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How the middle class is getting screwed and 10 things you can do to stop it.
It doesn’t take a math wizard for you to look at your checking account and know that your dollars aren’t going as far as they used to. And the current administration is telling you that things are better economically and you know this just isn’t true. The real problem though is the middle class that…
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What is DSCR and why it is so important in real estate investing.
When I first started investing in income producing real estate. There was so much I didn’t know or even understand. My first several properties that I purchased I just wanted to be able to charge and earn in rental income twice as much as the mortgage payment. I wasn’t overly sophisticated on all of the…
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Why not taking risks is riskier.
Which one of these is riskier… Do nothing…or Doing something? If you are now one of those people who are overthinking the question and trying to add all kinds of nuances and scenarios to it to answer the question. You are most likely not a risk taker. And when you do take risks you probably…
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5 Reasons why the Meritocracy is the best system.
In a world full of different opportunities based on your upbringing and the things you may or may not have been exposed to. The one thing that never fails and will always seek and find the best of the best, is the meritocracy. What is the meritocracy? Meritocracy is a system or philosophy that advocates…
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How one penny a day could make you rich.
Depending on where you are in your journey towards financial success and financial independence, you may or may not have heard this illustrative point before. And if you have, it is a great reminder on the power of compound interest. Here’s the question for you: I am offering you 1 million dollars today. Or you…
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Embracing Action: Overcoming Indecisiveness
More is lost by indecision than by wrong decision. The first time I heard this quote was in the season four, episode thirteen of the Sopranos. The name of that episode was Whitecaps. And it is by far one of the top five episodes in the series. And this has nothing to do with this…
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The biggest wealth creation tool that you already possess.
I am a sucker for catchy headlines more than the next guy I think. Especially when it comes to money, health, fitness, and wealth building. So if you are like me and this headline grabbed your attention I will get straight to the point and why you are here. The biggest wealth creation tool you…
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How to to turn $30 thousand dollars in to $500 thousand.
A lot of us didn’t learn this math in school because it isn’t taught this way. Instead you attend school from age 5-18 taking a bunch of classes and courses that they tell you are important and you learn later in life that they really weren’t that important. What I have done here is outlined…
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What is a “buy box” and other key essentials to successful real estate investing.
When becoming an investor in real estate it’s important to have a solid understanding of the market and a strategic approach. Many people in the space often call their approach a “buy box.” What is a buy box? It is a set of characteristics that you have already established on the front end of investing…
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Demystifying Present Value: Unlocking the Power of Financial Evaluation
Present value, in finance and investment, refers to the concept of determining the current worth of a future sum of money or a series of cash flows, discounted to reflect the time value of money. It is a method used to evaluate the profitability or attractiveness of an investment opportunity. When it comes to real…