Category Archives: Practical

Simple not Easy

Read time: <2 min

Life is simple but far from easy.  Pretty much any and every issue you can think about is actually very very simple.

Take health for example.  If you were to go up to any person on the street with two plates, one with a big mac and the other with broccoli and ask which is healthier – if people were being honest, every single person would say broccoli.  If you were to ask people which is healthier – sitting on the couch watching netflix or *insert literally any form of exercise here* (walking, running, lifting weights, cycling, sports, on and on and on) which would they answer?  Is smoking healthy?  Is drinking excessively healthy?  These are very simple answers, yet difficult for the vast majority of people to act on.

Let’s move on to money.  Folks – it’s so fucking simple I don’t know why I need to type it out.  I could spout countless examples like buying clothes retail, leasing a brand new car, buying that big screen tv so you can sit on your ass all day and eat doritos and watch netflix, how many god damn pairs of shoes do you need??? People know they should be saving instead of spending.  It’s common sense.  It’s freaking so simple yet far from easy.

Now relationships. Ironically people would have much better relationships if they worked on themselves first.  Guys you want to find a girlfriend/wife/fuck buddy?  Quit sitting on your ass playing video games all day and improve yourself.  Family problems?  See the patterns that have been established, get over your damn ego and work on the root of the problems.  This realm can be a tad more complex, but it oftentimes comes down to yourself – because there’s only one thing we have complete control of in this world.

Everyone knows what they should and should not be doing to improve their lives.  The hard part is getting off your ass and doing the things that will make your life better.

Take Action Now: Think about one thing in your life that you want to change. Realize how simple it really is and start taking steps to improve that area of your life.  We all know what we “should” be doing.  Get an accountability partner.  The support you give each other can be just the push you need to get started and continue down the path of self-improvement.  The hardest part is getting started and sticking to it.  Try a 30 day trial. You have to actually want to change and be willing to put in the work to accomplish your goals. If you are struggling with something feel free to send me a message and I will support you in any way I can. 🙂

It’s Dangerous to Go Alone! Why Relationships are the Key to Success

key to success
Image courtesy of nongpimmy. Freedigitalphotos.net

Read time: 2 minutes

I wanted to stress the importance of relationships and having a “team” when it comes to success in any field. Working in real estate, I have connections with bankers, title companies, appraisers, inspectors, other realtors, investors, landlords, construction workers, electricians, HVAC guys, and more. Still looking for a god damn reliable and reasonably priced plumber in this town though! Without these people, it would be very difficult to achieve success in this field alone; the same goes for other fields as well.

One big issue when it comes to real estate is CASH CASH CASH. I have several people I could turn to right now who have 6 figures they’d be willing to invest/partner in the right deal. I also have a reliable banker where I get my loans. So far, I am still a “small-timer” dealing with houses with purchase prices less than 50k. I am eventually looking to move up to bigger deals and commercial real estate as my portfolio grows. Without capital to fund my deals, I wouldn’t have most of the houses I have.

Another person who has been a huge impact in my life is my mentor. He is actually an old Boy Scout leader of mine, and we reconnected after I “stole” a house from him we both made offers on. This man literally saved me from making a $70,000 mistake. I owe him a lot and he keeps me grounded from making rash decisions. I was even moved up to “partner” after going in on a deal with him recently.

Do you have a mentor or someone you can go to for advice? Do you have a “team” of people helping you to achieve success in your field? While you can grind your way to the “top”, it is much, much easier to have a support system and connections in your journey to success.

TAN: There are many ways to connect with people who can help you achieve success.

  • One of the best ways is to take successful people out to lunch. While Ramit talks in regard to entrepreneurship, the same could apply to successful people in your field or higher ups. If you are a SUPER CHEAPSKATE like me, just take them out to coffee and pick their brains. Definitely be prepared with relevant, insightful questions and don’t waste their time and DON’T ARGUE WITH ANYTHING THEY SAY, EVEN IF YOU DISAGREE.
  • I have a good friend who is working for FREE for a very successful entrepreneur and gaining INVALUABLE information and skills that I know will make him successful. Look for ways you can “intern”, moonlight, apprentice, or even volunteer to achieve valuable skills and connections in relevant fields.
  • Check out www.meetup.com for relevant interest or networking groups. Similarly, you could become active in your local chamber of commerce and network, although I haven’t had much luck personally.

 

Always Get it in Writing

Read time: 90 seconds

I wanted to share a recent experience that makes me want to emphasize how important is it to “always get it in writing”.  I have been in the process of purchasing a mobile home park over the last month.  I had originally tentatively agreed  to buy it for 100k with a portion of it to be seller-financed.  I was supposed to meet with the guy, and he ended up passing away unexpectedly.  I was now in talks with his widow.  She was not interested in seller-financing so we negotiated a price of 75k.  I tentatively agreed on that price.  One of the homes ended up being sold and moved out and there was a zoning issue.  We both met with the zoning coordinator who assured us that homes could be moved in and out, just no new lots could be created.  After all that we tentatively agreed on a price of 70k and she’d throw in a fixer-upper house and a small lot.  We set the time to sign the contract with the banker at 2pm last Monday.  I talked with my mentor about everything and he told me to make sure I got what the zoning director said in writing.  Needless to say, I called the zoning director at noon on the day we were supposed to sign and asked to get everything in writing.  She said she could not get it in writing because she was looking into it further.  I postponed the signing.  I got a call from her this morning and she said she talked with the city attorney and some other people and the ruling was that homes could not be moved into the park because of the zoning!

I was literally 2 hours away from signing this thing, but the fact that you cannot move homes in makes it a dying park.  It will just slowly die off and there is no future income potential.  I would have been pretty screwed.

Also, the fact that I only gave verbal offers and she tentatively accepted them shows that the seller should have gotten it in writing as well, since I would have been locked in and the park would have been my problem!  This is why people typically put down some sort of earnest money when buying real estate so the seller gets some compensation if the buyer backs out.

The moral of the story is to always get it in writing!  Even on a napkin at a lunch meeting, get something in writing if you want to guarantee it will go through.  Verbal agreements and promises mean nothing, signed documents hold up in court.  Remember to DYODD and to always get it in writing!

How to Get an Immediate 50% Discount off of a House, Guaranteed!

No this is not one of those late night infomercial scams!

If you are a law enforcement officer, firefighter, EMT,  or teacher listen up!  You can get a guaranteed 50% off a home if you live in it as a primary residence for 36 months!  Guaranteed by the US government!  50 freaking percent!  You can’t own any other property, though, so we are unable to do it.

The ONLY drawbacks I see are limited selection of homes and being locked in living there for 36 months.  For the right person, this is the chance to get a HUGE discount on a home though.

Go here for more details: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/goodn/gnndabot

Lifehack: Don’t Wait in Line at Chipotle!

Read time: <30 seconds

For those of you who love Chipotle but hate waiting in their long lines there is a simple solution: order your food online or through the Chipotle app. Just go to their website, find the Chipotle you go to, and order through their site and schedule the time you’ll be there. When you get there, skip the line and go straight to the cashier!

I have done this multiple times and in as short of notice as 15 minutes. I have also ordered through my phone’s web browser while driving down the highway at 80 mph! I remember standing in line in college and seeing people pick up their food and thinking, “WTF? How do they just pick up their food and leave?” I hope this helps some people avoid the dreaded Chipotle line! 😉

edit: I recently read another article on some additional Chipotle hacks like asking for half chicken and half steak and getting like 3/2 worth of meat.  Also asking for both types of beans and getting gift cards for $30 and getting a free burrito with ANYTHING on it.  Some of the tactics may be somewhat sketchy, use at your own discretion.