The Saturday spent studying a deal doesn't get the attention.
The property does. Respect the work that comes first.
A promotion is progress in someone else's business.
Building a rental portfolio is progress in your own.
You can't improve a stock.
You can improve a building. Paint, repairs and better management all change what it's worth.
First rental: you learn you can.
Next few: you start to see the pattern.
Then you stop asking permission for your time.
A rental can reward you three ways: cash flow, loan paydown and appreciation.
The one thing you set on day one is what you pay. Get that right first.
Rates hit 18.63% in 1981 and 2.65% in January 2021.
Nobody picks the rate in the year they're ready. You pick the property.
Your first rental won't change your life.
It changes what you believe you can do.
The rest follows from that.
