Are You Building Your Habits by Feel?

Are You Building Your Habits by Feel?

I’ve been reading about habits lately and will soon share my thoughts on a couple fantastic books.  First, Rich Habits by Thomas C. Corley is a quick, easy read and can be knocked out in an afternoon.  The second, The Power of Habit by Charles Duhigg is a more in-depth study of habits.  I read it two years ago and felt a need to re-read it again due to my experience with Building-Income.

Focusing on habits was spurred by reading many blogs that continually hit on the subject.  Some may not realize they are even talking about habits when they discuss a chosen topic.  It’s one of the over-arching issues with personal finance and investing.

Last week, I slid into a depression and stopped writing in the morning.  My work on the blog faltered and I had a hard time keeping up with my social media responsibilities.  I also stopped working on my fiction projects.  Luckily, I still hammered out my work responsibilities, but when I returned home I dropped on the couch, grabbed the remote and started Netflix.

It was more than a full week before creativity returned and I wanted to get in front of the keyboard.

So, with all my previous focus on habits, specifically my habits, how did I so easily fall apart last week?

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You CAN Buy Commercial Real Estate!

You CAN Buy Commercial Real Estate!

When I bought my first piece of commercial real estate, I was a property manager.  Serving various types of properties such as retail, office and apartment communities, I worked with countless clients and investors who seemed much smarter and more financially put together than me.  It was clear that they had their “stuff” together – they earned well, didn’t overspend, etc.  They also knew how to buy investment real estate.

These clients would work with the brokers in our office or other offices to purchase a property.  When the deal was done, they’d bring it to the management side of our company and the property would get assigned to me or one of the other property managers.

Even though I was around it every day, I thought investing in commercial real estate was for “rich” people.

I was wrong.

Anyone CAN purchase commercial real estate.

That is an exciting concept because a new world of opportunity will open for you when you realize it.

Now, the real question is SHOULD you purchase commercial real estate?

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You are What You Read

You are What You Read

There’s a famous computer coding concept known as GIGO – Garbage In / Garbage Out.  If you put sloppy coding (information) into a computer, you will get equally or greater sloppy results.

The human brain is essentially a computer.  It’s an easy concept to understand from there, right?

If we put bad stuff into our brains, then we’re going to get poor results out.  Duh.

For the most part, as adults, we can control what goes into our brains.

We can turn off the television or, at the very least, turn the channel away from the latest excuse for reality TV and switch over to a worthwhile documentary.

We can power off the video game or choose to play a non-violent one.

We can choose which informational blog posts to read (thank you for reading this one, btw), instead of jumping over to TMZ.

Above all, we can choose to read a book.

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Wow! A YouTuber on Tour is Real Business!

Wow!  A YouTuber on Tour is Real Business!

Back on April 6th (that seems forever now, but it was only four months ago), I wrote an article Making Money with the Internet is a Real Business!

The article was about my 9 year-old’s fascination with YouTuber, Dan TDM.  At the end of the article I reported how I had bought us tickets to see his live show.

I couldn’t believe I spent $150 to take a kid to see some YouTube guy.  Well, now that the show has come and gone, I figured it’s time for an update

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Shall We Play a Game?

Shall We Play a Game?

In the spring of 2002, I bought a used Mercury Sable from an abandoned auto auction held at a local tow yard.  I thought this would be a great way to get an extra vehicle.  I was driving a 1989 GMC S-15 and worried that if it ever broke down I’d need a back-up vehicle.  The Sable was very clean, although really nerdy.  However, I couldn’t complain for $600.

I took the car home and shortly realized I didn’t need a third car.  It just sat in my driveway most of the time. 

My friend, Steve, however, needed a car.  His car was on its last days and he was tired of putting money into it.  He made me an offer for the Mercury that I couldn’t refuse.

For the Sable, he offered to trade a Sinbad pinball machine and a Galaxian table top arcade unit.  Both of these machines needed additional work, but I jumped at the deal.

In less than a year, those two machines would grow into a small basement arcade.

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When the Student is Ready

When the Student is Ready

My girlfriend is smart.

I’d like to say she’s smart for being my girlfriend, but it’s the other way around.  I out-kicked my coverage when I met her.  She’s very bright and will engage in conversations on a variety of subjects.  If she’s not well-versed on the subject matter, she won’t fake it, but she will listen intently and try to provide feedback where valuable.

Once when we were talking, she referenced a quote she’d heard many times over the years.  “When the student is ready, the teacher will appear.”

I thought it was a great statement and have tried to learn its origin.  It seems there’s dispute on who is responsible for it and I’m not going to get into that discussion here.

Regardless, I dug the quote and have even repeated it myself a few times when situations arose where I thought it applied. 

It wasn’t until recently that I started to comprehend what it really means.

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Why Every House Counts

Why Every House Counts

In December of 2015, my real estate broker sent me a listing for a single-family home on the north side of town.  You may be asking yourself, “Wait, isn’t this guy a real estate broker?  Why is he working with another agent?”

Yes, I am a licensed broker, but I focus on commercial real estate, specifically retail properties.  Therefore, I’m not plugged into the residential market.  However, I do want to invest in that arena, therefore, I work with a broker who keeps an eye out for product that meets my criteria.  It’s important to work with a specialist in the market you’re targeting. 

Don’t let ego get in the way of mission.

 

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What Is Community Oriented Policing?

What Is Community Oriented Policing?

August 1st is National Night Out, an annual opportunity to promote building partnerships between communities and their police departments along with fostering neighborhood camaraderie. 

It’s also an occasion to look at how we can make our neighborhoods a safer place.  As such, I thought I’d take a moment to highlight an organization in my community that is tasked with just such a mission.

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