Get Real about Success
Who wouldn’t want a vacation home on the beach? In a dream world, you could take as many vacations as you wanted and could earn your money back at the same time. But we aren’t here to fill your head with delusions; here’s the truth on vacation homes, and if they’re really the best investment for you.
It’s finally time for our very first lightning round episode! For weeks our listeners have been sending in their questions, and now we’re going to answer as many of them as possible, and as quickly as possible.
In a continuation from the previous episode, we’re going to talk about what happens once you leave your job to go start your own company. Do you have what it takes to get a brand new business up off of the ground? Luckily, we know someone who is going through this process right now – today, we’re interviewing Angela!
Break ups happen every day. Eventually, it’s time for an employee to move on and do their own thing; especially if you’ve got an entrepreneurial-minded person on your team. But don’t let this hinder you from hiring an entrepreneur in the first place; it could come back to haunt you. Today, we’re going to explain why.
If you’ve ever wanted to be even mildly successful at something, you are going to be faced with adversity. When Ron broke four of his fingers six weeks ago, he hit a wall in his workout routine. He became sluggish, and what was once a morning routine started to effect his whole day. Ron had to burst out of his slump and find a new way to work out – and he did! Find out how in today’s episode.
Once you become an investment property owner, you need to be prepared to make the tough calls. What do you do if your tenet is late on this month’s rent? What extra expenses are a must, and which ones aren’t necessary? We’ll answer these questions and more!
When you put your first investment property under contract, your immediate reaction will be to panic. If you don’t get your fear under control then you’re going to suffer a lot of sleepless nights, and you’ll waste money. That’s why we’re here to look at this whole process as logically as possible, and prepare you for whatever you might come across.
We’ve spent a lot of time talking about how to set down a path for success and achieve your dreams.Today, however, we’re going to branch off of that and discuss what obstacles will try to block your path – and how to overcome them.
Tenant turnover costs property owners money. You lose a month’s rent at a minimum while looking for another tenant and doing minor repairs. Learn tactics for avoiding turnover on this podcast. To start, find good tenants. If in a market flooded with similar vacancies, give an incentive for choosing yours. Be responsive to repair requests. You know this stuff, but it’s good to get a ‘booster shot’ from the pros.
While working toward goals is a good thing, it is not everything. Many people, even smart investors, say they are building wealth now and will enjoy it later. Not a good plan. You can learn to find joy in everyday things. Ron and Angela believe it has to do with the satisfaction of living your vision and recommend that you listen again to episodes 26 and 27 with Shaun McCloskey. Shaun teaches about establishing and living your vision.
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