Tag: income producing assets

  • Pennies into Fortunes

    Pennies into Fortunes

    Years ago, I listened to one of the most prolific speakers of a generation. He was already dead by the time I learned of him, but I bought everything he had ever written and everything I could buy that he had recorded for listening. He changed my life and therefore changed the trajectory of life. […]

  • If you are a W2 employee you need to get you some of this now

    If you are a W2 employee you need to get you some of this now

    Half of your money is going to taxes. If you don’t believe me, add it up. I am not just talking about on your paycheck. W2 employees pay the most taxes. Regardless of your effective tax rate and marginal tax rate, W2 employees pay the highest percentage of their earned income in taxes. And that […]

  • Two lessons I learned on my way to a million dollar net worth

    Let’s be honest a million dollars isn’t much these days. But it is a financial milestone along the success journey. And although I am proud of the milestones I have accomplished, I am upset with myself for two reasons: So let me begin with that. My goal is to become deca millionaire next and to […]

  • 4 Ways to crush your goals that you have never been told.

    4 Ways to crush your goals that you have never been told.

    Yep, it’s that time of the year again. My hope is you take some time over the next week or so and take a look at what you did or didn’t do in 2022 and decide how 2023 will and can be different. Here is the truth, most people don’t accomplish their goals because they […]

  • Rule of 72 explained in a layman’s terms

    Rule of 72 explained in a layman’s terms

    Like you and for me and I would safely say, most of the people on earth. We all have read and heard things that we thought we understood and had an understanding of and after a deeper dive we learned we didn’t really know as much as we thought. The rule of 72 is one […]

  • Leverage: Good or Bad?

    Leverage: Good or Bad?

    Leverage is one of the most powerful tools we as humans can use. Think about it. With the right amount of leverage a person can move a large boulder weighing hundreds and even thousands of pounds by themselves. When it comes to business and finance and most specifically real estate, leverage is the way individuals […]

  • 4 things you must STOP to create wealth with Income Producing Real Estate

    4 things you must STOP to create wealth with Income Producing Real Estate

    This morning I was thinking about all the reasons and excuses I thought about before I became a real estate investor. I was like most people when I started too. I had very little money to invest, but I knew it was the right thing to do and would pay off in the long run. […]

  • The criteria I used to create a million dollar portfolio with single family homes

    The criteria I used to create a million dollar portfolio with single family homes

    As a new real estate investor a lot of questions may be running through your head. How do I know which property to invest in? What should I be looking at with each of the properties? And the list can go on and on. To help you get out of your own head and get […]