My Mom & Real Estate

Real Estate investments begins with one property at a time. Often, when you hear people talk about real estate investing they are talking big numbers. You hear about the millions to be made in the market, especially now when everyone is buying. You hear stories about the people who own 50 or more single family homes or bought a package of 10 investment properties. You hear about the people who syndicate large apartment deals or buy a smaller apartment complex of their own. What gets lost in the hype is that the vast majority of these investors began with just one property.

My Mom story, like many successful real estate investors, begins with one small property in Texas. It took her a while to buy or invest in property. My understanding she made lots of offers before one was accepted, and walked away from a few deals for a variety of reasons, most of which had more to do with fear than with the numbers. Finally, one of her mentors looked her in the eye and said, “buy this property or I will buy it myself.” So Mom bought the property that no one else would buy.

My Mom once said, “Every successful investor has a story.” Well truth is most Investors are just like you, and me: scared of making a wrong choice, but are determined to change their finanical situation. Another thing my Mom would say, “find a mentor you can trust;” following their advice, makes that first purchase easier and more successful.”

Her first rental investment property down in Houston was a diamond in the rough. Once cut and polished, she captured $36,000 in equity and a cash flow after all costs of $429.00 month – this from a house that no one wanted to buy! I remember her mentor telling her, “Someone lives in every house on this street and someone will live here too. The question is, will you be the one who profits from it?”

The next house came shortly after with an equity capture of $21,000 and $324.00 month cash flow after all expenses. The third house represents an equity capture of $27,000 and $290 month in cash flow. All of these properties have an ROI of 43% per year or more.

A picture is forming, right? For most of us, it is not one big deal that takes us from a J-O-B to retirement. It is taking the first step and following the correct road map that leads you to the retirement of your dreams. 

Question: What are you working towards?

Leave a comment below…

SurveuStud: In the App Store

Entrepreneurs Should Anticipate

Every new entrepreneur who has not spent years in corporate life has the advantage of an unbiased look at business opportunities, but at the same time has the disadvantage of missing critical business experiences that can cost them dearly in their first startup venture. Building a successful business is more difficult than building an innovative solution.

So what does it take:

1. It takes relationships to make a business work. An innovative solution is necessary but not sufficient to build a business. Businesses require people relationships, to find the right team, investors, contract vendors, and attract customers. As an introvert and a techy, I know well the challenges of building relationships in today’s competitive world.

2. Startups don’t come with formal training courses. New entrepreneurs quickly find that what they learned in business school is no substitute for real-world business experience and training. Larger enterprises let you learn as you go, with minimal risk, and they pay for leadership training, employee management, and new project management tools.

3. A successful business is a long-term effort. Entrepreneurs are an optimistic and passionate group, who normally expect their idea to go viral soon, and success to follow shortly thereafter. They aren’t mentally prepared for the long-term grind, with repeated tough challenges along the way. It’s a 24/7 job with no time off for vacation or fun.

4. Managing personal finances separate from the business. Being an entrepreneur is a lifestyle, making it hard to isolate the startup finances from family financial stability and future retirement requirements. Startups don’t come with pension, health, or 401(k) plans included. Startup setbacks can easily cost you your house and credit rating.

5. Building a startup is more about love than money. People with experience in big businesses have learned that you won’t be happy even if well paid, unless you enjoy the job. Entrepreneurs who love to invent new things, but hate business, need to find the right partners before embarking down the path to a new business.

6. Not having a predictable income is an ongoing source of stress. People don’t appreciate a regular paycheck until they don’t have one. Entrepreneurs never know when they will be hit by technology advances, new competitors, economic downturns, or loss of a major customer. Early funding is a full-time effort, and it’s no fun for anyone.

7. Entrepreneurs can be lonely at the top. Once you have formally established a startup with you as the CEO, all former teammates will see you in a different light as the boss. Quickly, it will be difficult to get unbiased input, and everyone will wait for you to make the final decisions. It’s hard to find someone to share your fears and challenges with.

8. Peer perceptions of entrepreneurs are not always positive.i It’s popular today as a young entrepreneur to talk about your dreams and initiatives, and everyone seems to look up to someone running their own business. Later, colleagues with jobs in large corporations may look down on you as a person without job security or a clear career.

In all cases, I recommend to aspiring entrepreneurs that they spend some time first working for another startup, or in a corporate environment, if they aren’t absolutely certain about their lifestyle preferences.

SurveyStud: In the App Store

High-Heels and Pain

“… After one hour, six minutes and 48 seconds heels start to hurt”

You can’t handle feet for a living without encountering some of the unfortunate side effects of wearing high heels — like foot pain, corns, and calluses. We (SurveyStud) surveyed 503 women about their high-heel habits, and the results are:

• 72% of women wear high-heeled shoes (39% wear heels daily, while 33% wear them less often)

• 59% report toe pain as a result of wearing uncomfortable shoes; 54% report pain in the ball of the foot

• 58% of women purchased new high-heeled shoes in the last year

• Women who wear high heels daily tend to be younger and are more likely to wear uncomfortable shoes

• Younger women are more likely to experience blisters and pain in the arches of their feet than older women. Older women are more likely to experience corns, calluses, and bunions

Why women wear high heels:

• 82%  for fashion or style
• 73%  to complete professional attire
• 54%  to look sexier and more attractive
• 48%  to enhance their legs
• 39%  to appear taller

Even after pressing these facts to our surveyed population 71% said they will continue to wear 👠.

SurveyStud: https://appsto.re/us/Ddj18.i

+1% Female

“…56% of working professionals are women yet they only represent 1/3rd of the tech industry”

The Numbers:

1. In 2013, just 26% of computing jobs in the U.S. were held by women, down from 35% from 1990

2. At Google, women make up 30% of the company’s overall workforce, but hold only 17% of the company’s tech job

3. At Facebook, 15% of tech roles are staffed by women. 

4. At Twitter, it’s a laughable 10%. For non-technical jobs at Twitter (HR, Admin, and Blah)

5. Women now make up 30% of Twitter’s leadership roles and around 15% of its technical position

6. Twitter’s female employee population grew from 34% to 37% worldwide — beating it’s goal of a “one-percent increase”

7. By the end of the 2017, Twitter hopes to be 38% female

Hidden Figures

8. Average age of a social gamer 43yr old woman 

9. 60% of social gamers are women

10. 18 – 20% of Engineering degrees are awarded to women

11. 55% of Tweeters/Facebookers are women

Yet women represent 1/3rd of the social landscape of “qualified” hires.

Good example of this is Twitter’s “goal” to hire 1% more women by end of 2017.

SurveyStud: https://appsto.re/us/Ddj18.i

WOMEN ACTUALLY WATCH PORN?

…Because more and more women are watching porn these days

1. 23% or about 1 out of 5 women watch porn

2. 35% or about 1 out of 3 women in Philippines and Brazil watch porn

3. When searching for porn on the net, top three most-searched terms by women are, in order: “lesbian,” “threesome” and “squirt.”

4. When on a porn site, categories women are most likely to frequent: “Lesbian,” “Gay (male)” and “Big Dick.”

5. 300% search increase (among women) for porn featuring rough sex with titles like: “‘rough f*ck’and ‘f*cked hard screaming.”

6. 125% increase in searches for “romantic sex.”

7. 240% increase in women searching porn sites for terms like “daddy” and “step-dad”

8.  By Country

9.  Within the United States

Taking a closer look at the United States, the study (SurveyStud) also looked at what category, after “Lesbian,” was most viewed in each state in comparison to women’s preferences across the country. 

The “Ebony” category is popular among the Southern states, “Bondage” is big in Missouri, Ohio and Pennsylvania, and Washington women are randomly into Hentai. 

SurveyStud: https://appsto.re/us/Ddj18.i

Why People Quit Their Job

1. The Employees are Over Worked. In start-ups this happens all of the time and the managers simply do not see the handwriting on the wall. Talented employees love to contribute and will produce more, however if you plan on having them do more you best be prepared to increase their status as well. Talented team members will not stay if their job suffocates them in the process.

2. Employee’s Contributions Are Not Recognized or Good Work Rewarded. I cannot emphasize this one enough. Never underestimate the power of a pat on the back, a thank you, or a “great job” comment. This is especially true with your top performers who are self motivated. It is much too easy to take their drive for granted – don’t.

3. The Wrong People Are Hired or Promoted. Good, hard working employees want to work with like-minded professionals at all levels. Promoting the wrong person is one of the worse mistakes that can be made. When employees work their tail’s off only to get passed over by someone who glad-handed their way to the top, it is a massive insult to the good employees. 

4. Employers Who Don’t Care About Their Employees. More than half of people who leave their jobs do so because of their relationship with their boss. Bosses who fail to really care will always have high turnover rates.

5. Employer Fail to Develop Their People. When managers are lucky enough to have talented employees it is up to the manager to keep finding areas in which they can improve and expand their skill set. This is a managerial sin of the most grievous kind. This developmental process does not belong with the human resource department; it falls squarely on your shoulders as the manager. You have a responsibility to continually challenge and grow that person. Failure to do so and your once talented employee will become bored and grow complacent.
This leads me to the next reasons good employees leave that are too often over looked.

6. Employees Creativity is Not Engaged. Talented employees seek to improve just about everything they touch. They take pride in what they create. The moment their ability to change and improve things is removed they begin to hate their jobs. You are caging up this innate desire to create and contribute. This limitation not only limits the employees – it limits managers and companies as well.

7. Employers Are Not Challenging People Intellectually. A great boss will challenge their employees to accomplish things that may at first seem inconceivable. Rather than setting mundane, incremental goals, the great manager will set lofty goals that will push people out of their comfort zones.
… And now the two final managerial sins guaranteed to run off good employees.

8. Employers Don’t Honor Their Commitments. Integrity and honesty are two traits that every employee will expect of their managers. If you say you will do something – do it. Keeping your word and your commitments tells the employee everything they need to know about you and the type of person you are and if they can trust you.

9. They Don’t Let People Pursue Their Passions. Of all of these, this is the most simple and can mean the most, but it does require that you listen to your employees and observe. Talented employees are passionate. Find out what those passions are and work towards giving them challenges that fill their passionate needs. It just may surprise you what they can do when you let them out of that little box you have kept them in.

Women Aren’t Equal to Men

The feminist movement has made gigantic strides over the years—but nearly a century since women were given the right to vote, the sad fact of the matter is: 

1. Women in the U.S. working full- and part-time make 84% of what men earn 

2. Women make 16% less money than their male counterparts

3. Women make up nearly 51% of the U.S. population–yet only 20% of the U.S. Congress is comprised of women

4. 15.5% of women live in poverty 

5. Women  report 37% of the stories in print, and on the internet, they write 42% of the news

6. Women on average comprise about 30% of the workforce at tech companies 

7. 70% of women worldwide experience a form of domestic violence at least once in their life

8. 11% of women age 65 and older live below the poverty line

SurveyStud: https://appsto.re/us/Ddj18.i