A worry I have concerning my Nomad business model is if tenants do not get along with each other. A domestic violence event at my property would entail showing up for court, submitting my signed leases, and dealing with a tenants bull shit. This is a very real threat to my business and would be […]
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Capitalism
Here’s what a good capitalist does: use capital (their own or a fund) to buy appreciating, cash flowing assets. The capitalist fixes up the newly acquired asset, improving it’s value and cash flow, then continues operating the asset in a way that increases it’s monthly yield. This increase in yield allows the capitalist to pay […]
Online Business & Real Estate
How to get rich? Leveraging your money, time, and other people to acquire, grow, and operate cash flowing assets. It’s not so much about working hard, which is always going to be important, but rather, it’s much more about doing the right type of work. The smart work. Such work in my opinion resides inside […]
BiggerPockets #409 Notes
“Bluefishing” – a mindset, a mentality, to do something different. Agitated oysters make pearls. As a business owner, control your front door. If you control who comes in, you relieve yourself of 99% of problems. People don’t get violate when they’re smiling. 9/10 times when a person tells you it can’t be done, they just […]
Society – Kids – Software – Information Age
Here’s the thing with children, they cost a ton of money. Government aid continues to decrease, and the bill continues to be pushed onto parents. Couple that with feminism crushing males benefits in getting married and you have a strong case to never get married or have kids in the modern world. That is, unless, […]
Personal Finance Ancedotes
Enjoy the decline of America. Your liberty is slowing being stripped away. Socialism systems are taking over through government welfare programs. More and more people are reliant on the government to survive. Getting a career off the ground in America is harder than it was 50 years ago for young men. Most folks a saddled […]
Letters From A Stoic Book Summary
This is quite a wonderful philosophy book that has provided great value to my way of thinking. I will include my favorite passages from the book along with personal reflections and antidotes. Enjoy! Letter II “You do not tear from place to place and unsettle yourself with one move after another. Restlessness of that sort […]
BP #400 Notes
Always play great defense. Get your personal finances dialed in before you start scaling. You need to delay gratification now to have a better tomorrow. Every dollar should have a name, a spot. Every dollar needs to go somewhere. You need to have good defense to win, so you need to make more money than […]
Sad Call
I just took a call from a man who worked 40 years then became disabled with a condition that’s not curable. He can’t lift anything over 2 pounds. He sounded so cherry and happy, I didn’t want to stop talking to him. I felt so sorry for him – it’s not fair what happened to […]
Spinning Plates
As a man I need to be spinning plates with women, dating all the beautiful ones with voluptuous curves who put out. Then if I want to consolidate one of these women into my frame as a wife, I will choose her. When you have more dating options you have more power. When women perceive […]