As many of you know, I run a real estate investment association (REIA for short) here locally. The purpose of our group is to provide the tools and resources to help people become financially free and provide support and encouragement to them during their journey. At a recent meeting I discussed what I found to […]
Continue Reading...
According to Brian Fantana, the Rule of 72 says that 72% of the time, it works every time. Hold on…that’s not right. According to studies, it’s only 60%..and that’s a different rule than what we’re talking about here. Our rule is even better and works 100% of the time. For us, the Rule of 72 is […]
Continue Reading...
One of the coolest things I’ve recently done and that I really enjoy has been starting a REIA (Real Estate Investment Association) with my friend Nick here in Durham NC. We named it RTP REIA since we’re here in the Triangle area which includes Durham, Raleigh, and Chapel Hill. I briefly considered DuREIA (for Durham […]
Continue Reading...
If you’ve been around me for awhile, you know that I LOVE ‘truly’ self-directed Roth IRAs. Why? Because in addition to letting you invest in all kinds of vehicles outside of the typical retirement portfolio, the gains are TAX FREE!!! Sure you don’t get a tax write-off on the contributions, but you get to keep […]
Continue Reading...
Ok…I’m sorry…yes I just had to make the post title the name of Barenaked Ladies song. It’s in my head because we recently played that song in church as an opener. Wait that sounds weird…Barenaked Ladies in church? Let me explain…we run through different series on different topics and one was on money and…well…you get […]
Continue Reading...
A lot of people, after consulting with their vision and doing the schedule exercise, conclude that they just can’t work a normal 40-plus-hour workweek and still live the ideal life they desire. (The schedule exercise is where you fill in a blank schedule hour-by-hour first with all the things you want to do (the fun […]
Continue Reading...