What’s Your Story?

What's Your Story?

I’ll be the first to admit that I have a tendency to make a quick judgement on people when I first see or meet them.  I’m pretty sure I’m not alone in that either.  As I’ve grown more in the past handful of years though, I’ve made a real effort to give people the benefit of the doubt because maybe there’s a story going on that I’m not aware of… Maybe that $%^&* driver is not just some reckless, haphazard driver, but is rushing to get to the hospital for some major emergency.  It’s quite possible that the obese person doesn’t eat too much – maybe there’s actually a medical reason behind it.  What about the person that seems like every decision

Just One Thing…

Just One Thing...

If you’re reading this article, you’re probably someone interested in or already on the way to the world of financial independence.  Regardless of why you’re here, I think we all know some of the basics of reaching that goal: Get out of debt ASAP – This is the #1 step that needs to be done… and this refers to bad debt like credit cards, car payments, etc.  This does not necessarily mean good debt like mortgages on rental property that serve as assets helping to provide you with cash flow. Spend less – It’s wonderful to live like royalty, but if you don’t make a fortune, you’re never going to be able to quit working.  By living at or below your means, you’ll begin to leave yourself a lot more room

Should I Use a HELOC to Pay off My Rental House?

Why a $5,000 Tax Return Refund is Actually Good News

Last week I was listening to a BiggerPockets podcast and their guest was Clayton Morris from Fox & Friends Weekend.  I’ve never seen the show and didn’t know who Clayton Morris was, but it was actually a very good podcast.  Clayton’s one of those guys you can tell just by listening to that he’s extremely intelligent and the show was very entertaining as well.  After I was done listening, I found his blog online and that led me to an interesting article he posted a while back – “How to pay off your house within 5 years using these awesome ninja tricks.”  It involved using a Home Equity Line of Credit (HELOC) to make this happen. I re-read it a few times and

Tying Up Loose Ends…

Tying Up Loose Ends...

I recently realized that I have a number of loose ends out there from previous posts that my regular readers might be wondering about.  So I thought I would take an opportunity to put out a post following up to hopefully tie up those loose ends a bit… Switching to an Accountant This was the first year I decided not to use TurboTax and go to an accountant.  If you remember, I had three goals with this: Check over my work Get advice for how to structure things Provide help on future strategy planning I’ve since met with the accountant and I really liked the guy.  He knows his stuff and he owns a rental property of his own.  It was important for me to find someone