milliondollardiary.com 1. Cash flow beats appreciation.Chasing appreciation puts you in a glass house. Appreciation is attractive and it is a powerful wealth-building tool, but in my experience cash flow trumps everything. Cash flow gives you peace of mind. It is the difference between a repair feeling like a minor inconvenience versus a full-blown catastrophe. When money … Read more
Tomorrows to do list Morning Afternoon Evening Ongoing task: organize Priority: rent out condo by end of month. Update I succeed in all the morning tasks. The afternoon tasks were also successful Unfortunately, the afternoon tasks carried into the night. I could not drop off equipment at spectrum or clean my office. That’s looking like … Read more
I’ve been busting my ass trying to figure out this whole moving situation. This past week was nonstop. I worked Monday, drove to Clearwater that same night, had my recertification class on Tuesday, and then drove back to Orlando on Wednesday night. Since Wednesday I’ve been moving things over to the new house and working … Read more
It is the end of the week and, as usual, things did not go exactly the way I planned. But here is where everything stands. The tenants finished patching the holes in the walls and took most of the sheets, clothes, and baskets they had stored in the garage. They still have a mattress and … Read more
Last night I barely got any sleep. I stayed up all night trying to plan out this week because there is a lot going on right now. Between moving, managing repairs, and preparing multiple properties, it feels like my entire schedule is packed from sunrise to sunset. The condo we are currently in needs to … Read more
Today I went back to my Apopka rental to finish up work on the door. The contractor completed the installation, but I told him I’d take care of the priming and painting on the drywall another time. There’s still a lot that needs to be done in that house, so I’ll have to make another … Read more
It’s been a busy stretch lately. I’ve been working every single day these past few weeks, and I think it’s been about a week since my last entry. Everything has been blending together lately with work, errands, and trying to keep up with all the moving pieces. I still haven’t heard much from the tenants … Read more
Today was one of those “tie up loose ends” kind of days. I don’t think I mentioned this before, but we officially hired someone new at work. Once I get him trained, things should finally calm down and return to normal. It’s been hectic trying to manage everything while we’ve been short staffed, so having … Read more
The past couple of days have been a long haul. The contractor who is also a good friend of mine came out to the rental property to finally replace the door and fix the water intrusion issue. I was there working with him, and what we thought would be a straightforward job turned into a … Read more
Since my last update, things have been an adventure, and not the fun kind. Work has been a mess lately because two of our cremation machines went down, and the case volume keeps climbing. We are slowly falling further behind, and it is starting to wear on everyone. I planned to take tomorrow and Friday … Read more