I wish I knew then what I know now. This is a statement everyone has thought of at one point or another. I think about the person I was and how I perceived the world at different eras in my life. My experiences have shaped me into the person I’ve become. I expect this is […]
Getting a handle on prior economic circumstances is hard enough, but predicting future conditions is virtually impossible. There are too many unknown and dynamic variables that go into a market economy, not to mention any unforeseeable circumstances. Putting too much weight on the forecasts of “experts” can be hazardous. That’s why, in making financial decisions, […]
Let’s face it – most of us are not Elon Musk and can only effectively handle one full-time job. If you’re in that group, you are likely capped in what you can make which can lead to a scarcity mindset and thinking. However, don’t be dissuaded. With determination and planning, outside of the W-2 you […]
A diversified mix of investments is often promoted by financial advisors and gurus as a way to reduce risk and volatility. While this strategy is tried and true, the more diversified you are, the more your portfolio’s returns will resemble the overall performance of the market. You’re not going to be the next Bitcoin millionaire […]
I started down the path of passive investing as many of us did, after I picked up a little purple book called Rich Dad, Poor Dad. After reading that book and doing a little networking, I teamed up with a local real estate investor in Phoenix where I lived at the time. I ended up […]
While multifamily apartments are what typically comes to mind for investors in commercial real estate, other asset classes such as self-storage have also proven to be recession-resilient. This is why we invest in self-storage and will continue to do so as a means to diversifying our real estate portfolio. Background Self-storage is a unique asset […]
Brief History In today’s society, there is often a stigma surrounding mobile home communities, but believe it or not, the history of mobile homes actually began as an upscale concept in the 1910’s and 1920’s. Cities started building them as free spaces for the wealthy to park their trailers, hence the name, trailer parks. These […]
While I was sitting in an MBA finance course in 2016 where we were discussing the Efficient-Market Hypothesis, I quickly realized the odds of being able to consistently outperform the market were slim for professional investors and almost impossible for the average person. I’ve always wanted to achieve financial freedom early on in my career […]
We don’t get much financial education in school. Even if you major in finance in college, there is not much focus on personal finance. When personal finance is taught – in school, from parents, colleagues or mentors – it usually focuses completely on mutual funds, stocks and bonds. People are told to max out their […]
Most successful real estate investors can give you multiple recommendations for books that helped guide them in their journey. You can find a wide variety of real estate books with topics ranging from flipping properties to buy-and-hold rentals to investing in real estate investment trusts (REITs). If you have not done any real estate investing, […]