June 21, 2023

Something I’m Reading

I’m currently reading “YouTube Secrets: The Ultimate Guide to Growing Your Following and Making Money as a Video Influencer” by Sean Cannell and Benji Travis. I’m doubling-down on making YouTube content the rest of the year!

Something I Photographed

 
 

I got to meet Chris Voss (author of “Never Split the Difference”) at the Limitless Expo last weekend!

Something I’m Excited About

I went and checked out a super awesome investment property out in the desert. I think we’re gonna buy it. More on that coming soon!

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: “What is your daily routine like, and how do you make sure you stay productive and focused throughout the day?”

I’m up at 5:55am. I drink my water and coffee then spend about 45 minutes doing my “miracle morning” routine. This includes stretching, prayer, habit tracking in my BetterLife Book, bible reading, and some non-fiction book reading. This morning routine is KEY to me having a productive day. After that, I spend about an hour with the kids getting them up, ready and fed. I usually work a couple hours in Open Door Capital meetings, a couple hours of BetterLife meetings, and then once a week I film content for a few hours. By 2pm I’m usually done, and then it’s surf, swim, gym, or play with the kids.

Question: "What are some ways to increase the value of a property, and how do you determine which renovations or improvements are worth investing in?”

I love adding bedrooms. Through my tactical side, I love adding bedrooms, like finding a huge dining room and turn it into a bedroom. Or taking the attic space or basement space and turning it into bedrooms, adding bedrooms is one of the easiest way to add value immediately to a property or increase rent. As far as deciding which improvements are worth investing in, a lot of that comes down to return on investment. But also, marketability. In other words, if I spend $10,000, on a bedroom, but it only brings me an extra $100 a year in rent, that’s terrible. Unless there's like an ethical reason to do it like the house is falling apart, then I probably wouldn’t do it….unless it gives me a good enough return. And when I say good enough return, I mean either an improvement in the value of the property to a greater amount, or it makes it easier to rent the property and therefore lower vacancy. At the end of the day, it really it's all comes down to math. Do I like the return I'm getting for me? I'd probably put it at 10% in terms of if I spend 10,000 can I make an extra $1,000 a year? If so, I'd probably lean into doing it.

Something I Recommend

Many of you know of my performance coach, Jason Drees. Jason has been my coach now for over 5 years and has helped me personally overcome some limiting beliefs, scale my business, and hit some crazy goals. The first step in hitting crazy goals is identifying them. Jason and his team are providing a complimentary impossible goal setting session – to help you uncover the impossible target you should be aiming it. Here is the link to get yours.

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 :)

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