Conversation with a Student

I had a sudden realization when I remembered this conversation I had with a student in the hospital the other day. I told her that I had solved all other problems in my life except for the money problem, which is basically true. I realized while talking to her that it’s inevitable that you run into the money problem, and it happened for me when I realized that I was a wage slave. That is the bad news. The good news is that as far as philosophy goes, my basic approach to being conscious, my spiritual life, all those intangibles are basically together to the point where I know what to do to handle them and have that work progress without significant obstacles. All this takes place subjectively and between my ears, having this type of clarity essentially just has the effect of speeding up my decision processes. All for the good, but it doesn’t extend past my own life until I begin to act within the economy. Having the why of life solved frees up my energy, but doesn’t create a legacy or even credibility until the how is dealt with. To solve the why problem is just an intellectual exercise that takes time and is an extension of becoming educated. To solve the how problem requires action, risk, skin in the game, failure and recovery. The good news from this problem is that when the how problem is solved, the extension of that is to create a legacy of significance. The New Path is to accumulate energy in the form of money and use it to create change agents that act past my natural lifespan, or contribute that energy to existing agents of change. This also ties to the ‘latch’ concept, and with money, I can be set up to deal with solving larger scale problems that afflict the world, the environment I live in: pollution, poverty, war, terrorism, which are all forms of cruelty.

Moment of Truth

Trying to get preapproval tonight- drumroll please…..

I will soon find out how much we can shop for, the price range of the first deal. Such as it is, I am pleased that I am thinking about Real Estate in the correct way: what I am purchasing is the income stream and the appreciation, and that mentally opens up a whole new territory. More to come….

Vacation Ends

And back to work I go. I really enjoyed the Trump Institute Seminar last Saturday, I learned a lot that will help me. The more I learn about the Donald and how he operates, the more impressed I am, and I am convinced that Trump’s are good footsteps to follow in. So, once I straighten out a few details, I should be ready to start buying property and I hope to close on something in late February. I need about 5 properties in PCF to replace my income and about 7 more to replace Laura’s. I just picked up Ty Hick’s book on how to buy 1M worth in a year, and I think its worth shooting for.
Lately I have come to the realization that the only serious problem I have is basically money, and I think it is worth it to put all else on the back burner for now and focus every bit of my energy into getting my ticket punched. For me, it’s not about fancy clothes, expensive cars and champagne, its about having control of my time. It is very hard for me to be accountable to others, and its time for me to put the proverbial pedal to the metal and start making things happen. I can no longer trade on potential, on music, on love, on incomplete projects. It’s just time to close deals and start pulling in cashflow. Its been fun and games up until this point, but now is the time for reality checks and hard numbers. Yep, for now, for me, its about the Benjamins.

Brand New Day

The time has come for me to, of necessity, put some projects on the back burner and focus on solving the money problem. I am shelving the martial arts, my writing, and gradschool until I manage to switch completely over to self-employment. I think that I need to do as much as I can to make any more work I do for others extremely temporary. All I need is pre-approval for my first two deals, and that should get the ball rolling. I had been expecting a big boost from a certain source, but now I realize that I will need to move forward without relying on it. I went through about 300 listings and found 2 that I can go see, I think I am being selective enough and the location seems good on both. Once I have about 5, then I can look at the student market for the next one, and that should be enough positive cash flow for viability. Even just one property would make me feel like I am in it, like I have a chance, and if I can get about a year or two of rents, I can refi at a lower principal and increase my margin. It looks like if I can get a job, I will not need to have it for more than about two more years in the most optimistic case….If I can get a little help from Philly itself, I may be an employee for just a year or so…. That was my father’s dream and its been my dream for years, to be self-employed. I am almost at the point where I don’t think I can take much more of being an employee, its just not working out for me. The sheer randomness, the unprofessionalism, the piss-poor management I always seem to be dealing with, and the total lack of value placed on my work has taken me to where I would almost rather live in a car in order to work part part time. On a more positive note, I am looking forward to a little dose of Trump this Saturday, I think I can get some value from it by integrating the information with what i have learned so far. It should be a helpful seminar.