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Success over Stress
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Success over Stress

Author: Erik Garland

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In this podcast we'll plan to focus on a specific strategy and dive into how it can help move you toward your goals!!! Occasional guests will be brought on to help solidify the point. Enjoy
37 Episodes
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Highway Hijinks 1

Highway Hijinks 1

2020-10-1107:06

Unscripted account of whats going on in my rental world these days. No stress!!  This time I talk about being mindful of your schedule and building in wiggle room.  
Success over Stress!!  Your vote, your voice.  This episode talks about the power in your vote and how it's important to engage in the election process.  I've looked at the FED.gov website and share some data about the financial campaigns ran by Joe Biden and Donald Trump.  November 8th, is the general election so be sure to take part. 
So this is the continuation from previous episodes where the tenant only has paid $74 of $550 rent.  Remember, I did NOT choose this tenant.  Holdover from another landlord during a purchase.  
Why do you need structure?  You need to protect your assets, and you need to minimize your expenses.  Stability and scalability will be important later.  So start with the end goal in mind!!
Ever wonder what it is that landlords do in a days time. Well, This mini series, within a series attempts to give a little insight into what happens.  For anyone interested what happens in the life of a landlord, This mini-series is for you!!! In Episode 1, I attempt to collect rent from a tenant.  She has paid all of $74 due..of $550.  Let's see what happens!!  Please be sure to FOLLOW ME for more interesting clips.  
General introduction to what the podcast /audio log is about.
We all love to make money especially quick money.  You could have certain done this with a crystal ball and a trading account.  MSGM would have made you lots of money.  Hindsight right!!  Well, lets talk about what exactly penny stocks are and how they behave.  More specifically lets talk about the MSGM move.  Was it warranted?  Will it sustain? 
The recent acquisition of Twitter by Elon Musk is a fantastic way to illustrate how business moves can impact your personal life.  Very shortly, people at this company will be losing their jobs on a large scale.   This unemployment is just one of the many metrics used to determine the strength of the economy, and consequently the strength of your spending dollar.  On subsequent podcasts I will include business metrics and data specifically about the companies referenced. Please subscribe if you found value in this podcast.   Thank You!!
Today we talk briefly about my new job, and quitting my professional career. The main topic of the day is creativity!!  It is all important in novel ideas and the ability to be more than what you currently are!!  
This episode I'll talk about the software that I use to make landlording more tolerable.  I have a slew of properties needing attention this month, ranging from adding a tenant, possible eviction, lease renewal, pet addendum, and rowdy prospective tenants.  It gets interesting,  and I have have a few golden nuggets in there as well.  Learn through my experiences!!
This episode is dedicated to a 2021 1st Quarter Update.  I talk about losses in the 2021 stock season.  I also talk about what has happened with my rental portfolio including new tenants, property turnovers, raising rents, and evictions. 
We all love to think that we set ourselves up for success by making a New Years Resolution.  But, are we doing ourselves any favors?  Lets chat about this.  Keep yourself grounded. Make SMART goals: Specific, Measurable, Attainable, Realistic, and Time Oriented.  From there, make yourself a task list that will allow you to compartmentalize significant areas of your goal.  You WILL make it.  Trust yourself... and find an accountability team.  ASAP!!!  
Today, let's talk about how important social circles and networks are in your maturation.  You do not live in a silo.  In order to grow, amongst others in civilization you will do far better, far quicker, if you employ the help and utility that others have to offer. Also, you will find that you are a part of others networks as well.  How about being genuine in these encounters.  An open heart is a breeding ground for reciprocity!!
Long overdue.  Real Estate Podcast feature Larry Russell of Russell Kingdom Investments.  A true seasoned investor in the single family home niche.  Based in North Carolina, Larry knows what he is talking about.  Join us as we give an overview of real estate investing at a high level. 
Update on Stock Day Trading and We just started a Non Profit Organization!!  Day trading stocks involves risk, and is not for the faint at heart.  If you want a job..and one where you need to be your own worst critic....then day trade stocks.  Sheesh.  I like the challenge and I'm not done yet.     On the other hand...I've taken some time to do less for myself and more for others.  Carlos Bannister and I started the Non Profit Organization FATE. Friends Aligned to Elevate.  Our mission will be to assist those in the community with their basic needs as groceries.   We also spent time today picking up litter at a local Wells Fargo.  "When you look good , you feel good." Our hope is that the trickle down effect will begin.    Cheers
A tribute to Louis Armstrong.  Today we discuss the power of having balance in your journey to success.  The song, "What a Wonderful World", was based on simple concepts yet overlooked right at the beginning.  Later, the beauty, and charisma was realized.  Many don't realize that the beauty & charisma in your life, is simply from living it.  Chasing fame and fortune can certainly lead to misfortune and everything in between.    Try maintaining balance in your journey, and when you get to where you were going you will have be where you were....and that's happy, and appreciative!!
"Nothing is certain but death and taxes" Well...Lets talk about that.  The 1099 IRS form is pretty important when running a small business and needing to outsource some of your tasks.  That way you can get the job done without employees.  BUTTT...if you have a child under the age of 18 that is your dependent, they can surely help you with your job whilst not having to file AND you get to deduct it as an expense.  How righteous is that???
The title says it all.  Take a walk with me down this path of pleasure.  Royalty and Riches come...but only after headache and heartbreak.  Be the Balance.  Live and let live.  Ahhhh...   But seriously.  I had some tenant hurdles and I've been wrecking my brain learning the art of day trading stocks.  MMM....recipe for success?? Find out!!
I typically make good use of Zillow or Redfin to perform ARV estimations.  While good... and often times sufficient, I tried my hand at a CMA or comparative market analysis this time around.  I learned a few things about ARV.  When a house is not yet repaired...there is quite a range that you can assume for ARV depending on the comparables in the area and the finishes you decide to employ!! Enjoy today's podcast. Thanks
#20 Health And Wealth

#20 Health And Wealth

2021-01-1615:27

Health is also key to your overall wealth and income.   This can be cyclical however.  So...please pay attention to the pattern and make sure that your cycle is not spiraling downward.   Take care of your health and thus protect your wealth. 
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