February 21, 2024

Something I’m Reading

I just started reading The Wager by David Grann, the same author that wrote Killers of the Flower Moon.

Something I Photographed

Family movie night on the floor of the living room. Watching "The Lion, the Witch, and the Wardrobe”.

Something I’m Excited About

The BetterLife Tribe is open for enrollment! love seeing Tribe members join and form habits to grow their real estate businesses and start their journey towards financial freedom. But in reality, Im most excited about the larger impact BetterLife has with all profits going to charity.

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 had the chance to relive one day of your life, which day would it be?”

It might sound silly, but I really enjoyed the punk rock outdoor music festival in Vegas last year, When We Were Young. I was with a bunch of my friends, listening to great punk rock from my angsty teenage years. It was a great day. I could relive that day, any day.

Question: "Should I buy properties with tenants already in them?”

I wouldn't not buy a property with a tenant in it, but understand that that tenant may have been trained incorrectly. Worst case, it may require an eviction which would cost something so it's really more about going in with your eyes open. It would also be helpful to know how good the tenant is. How well were they screened? Were the screened at all? Also be sure you have reserves in case you have to evict them. Another thing to ask for is their payment history. If they don’t tend to pay on time, you could ask the landlord to have them removed before you take ownership. But keep in mind that a lot of times you have no choice but to keep them since the lease goes with the property not with the landlord.

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 :)