January 24, 2024

Something I’m Reading

I was recently recommended "Healing Back Pain” by Dr. John Sarno by my friend Adam, who runs mybodytutor.com. I read it in three hours and it might be a coincidence, but my back has felt way better since reading it. The gist of the book is that most pain in your body is actually more mental than physical and you can defeat the pain by just changing the way you think. It’s super fufu and hard to believe and I'm not sure I even believe it but hey, I'm on day five of no back pain so we'll see.

Something I Photographed

“Cute wife, cute life.”

Something I’m Excited About

I’m really happy to be back in Maui and get back on my regular routine.

Something I Can Answer

I’ll be answering two questions asked by a BTB subscriber. Have a question you want me to answer? Reply to this text with your question!

Question: "If you could have coffee with any business leader, dead or alive, who would it be and why? ”

I would love to connect with Richard Branson because he really mastered the art of owning numerous companies but keeping his one thing, his personal brand. That's something that I'm very much focused on right now so I would love to meet him someday.

Question: "What indicators do you monitor to identify potential shifts in the real estate market?”

That's a great question. I guess the most important thing is that I want to see which direction rents are going. That's a huge thing. Are rents going up or rents going down? And then occupancy, is occupancy going up or occupancy going down? That tells me a lot about the at least the short term and the next few years direction of a market. But then there's obviously jobs and population. Is the population growing? Is there relatively low unemployment? Is moving in the right direction? Those are some questions and key indicators I like to think about. There's some more fancy things as well that we look at with Open Door Capital, like housing. How many new houses are being built, or how many new units are coming online in the coming year? But that can get a little in the weeds.

This Week in Lending

In the fast-paced world of real estate, timing is everything. This week, let’s dive into the importance of speed when it comes to funding. Did you know that a swift application-to-funds process not only saves you time but can also be a game-changer in securing those lucrative deals? Our commitment at BetterLife REF is not just about financing – it’s about accelerating your journey from property discovery to keys in hand. Because in real estate, speed isn’t just an advantage; it’s the key to unlocking opportunities. Stay tuned for more insights on making your investment journey a breeze.

Check us out at betterliferef.com for more info!

Something I Recommend

I was always envious of the people who are “ON” 100% of the time.  The people who don’t deal with low motivation, doubt, fear of failure, or those endless days of thinking your whole entrepreneurial journey is about to blow up in your face.  These people were running circles around me in business and real estate and when I finally figured out what they had that I didn’t – It all made sense. 

These people were using a Mindset Coach to keep their eye on the prize and expose them to a higher level of thinking every single day. So when I went to find one of these coaches specifically for real estate investors, all roads lead to Jason Drees. Jason has been coaching me for nearly a decade at this point and has supported my growth from a small time investor to someone with nearly $1B worth of assets under management. 

If you’re looking for an edge to accelerate your growth, talk to Jason. You can get a FREE coaching session through this link. 

For my health-conscious friends (or those trying to be healthier), I’ve been using MyBodyTutor for years for accountability on my fitness and diet. These guys assign you a coach to hold you accountable, track your food, suggest exercises etc. You can check them out here.

Disclosure: “Some of the links in this post are affiliate links, which means I may earn a commission if you click on the link and make a purchase. However, please note that all opinions expressed here are my own and I only recommend products or services that I have personally used and found valuable."

Your Friend,

P.S. Comment below and let me know your thoughts on this week’s BTB! Please be friendly :)