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There are so many ways that people can let their kids do little things, even from like three years old.
Ryan:I remember when I was best pay day loans little my stepfather had a cabinet shop. But honestly, one of the fondest memories I have is him teaching me how to use a push broom and push up all the sawdust on the floor, and then he would give me a couple of bucks or whatever because he put me to work, and I felt even as a young boy… I must have been seven, eight years old… that I was valuable, that I was contributing, and that I was adding and enhancing to the environment, and I was getting paid, and I felt good about that at seven years old. These are lessons that you can learn at a very young age, but I think will carry you on for the rest of your life. David:What are your thoughts on home ownership versus renting? For me, it just depends on your circumstance and situation. I was telling Brandon, when we talked about a month ago, we own three homes. The first one I bought, and my wife did all of the designing and planning while I was in Iraq and then we moved there, it was a great starter home, and then we rented it out when we left.
Then, we bought another home and then when we moved here and bought this home here in Maine, we rented that one out. If renting is going to allow you the autonomy, the control of what you want to do, then do that.
I think I was assuming, looking at that question from a financial perspective, that there are more things. Brandon, you were talking about a second ago with potentially having… I think you were referring or alluding to having a property manager, right? Ryan:Anything could be a form of slavery for example, working out.
The problem with doing that is that we are voluntarily relinquishing sovereignty when we do it. When I get lucky too, then everything will be good. David:I think what you were describing, Ryan, when you were talking about your marriage was that was a gift because that humbled you.
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And people who are listening are just as much a part of it as me, the guy who is securing the guests, and making the investment, and putting up the capital, and taking the risk. Well, this has been fantastic I mean really, really good.
Brandon:Ryan, we want to throw a final four questions at you here.
Brandon:I like that new first question for the weekend episode I might even add that into the Thursday episode. John Eldredge just has… that no credit check installment loan transformed me as a man. We were talking about Jacko, Extreme Ownership, which it can be definitely a business book, but that extreme ownership concept is so powerful. Maybe not exactly business, but those are three books that I recommend all the time.
Ryan:Iron John by Robert Bly, I believe, and he talks about the wild man. So, jiu-jitsu has been big, and archery, and hunting has been big for me as well. Ryan:You know, interestingly enough, I was thinking about this the other day, I think the reason I like both of them is twofold. I love the ability to just focus, hyperfocus on the one thing without anything else distracting me, and the other value that I derive from this is immediate and instant feedback.
Brandon:Last question from me then: what sets apart successful people, in your mind? If you had to really name it, what sets apart successful people from those who give up, fail, or just never get started?
In the connotation of maybe an entrepreneurial journey. Ryan:I think that successful people find meaning and joy in the process. But if you find joy and purpose and meaning in just showing up and doing the work… and like we were talking about earlier, having faith that if you do that well enough and for long enough, then the results will just take care of themselves, and they will.
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Due to an aggressive goal of reading 60 books a year, Daniel picked up a book that many of our listeners have heard of, Investing in Real Estate with No (and Low) Money Down from our very own Brandon Turner. This unlocked the potential of investing in real estate for Daniel. He took advantage of FHA loans, using equity as down payments, and building his credit to get loans from small credit unions and banks. Daniel stresses that his success comes from systems. He also has some tips for new investors trying to acquire a lot of real estate, in a small amount of time. Daniel:One constant across all of the loan online approval different banks and financial institutions is that you are the customer. And no matter where you go, they are always trying to get your business and sell you a loan. Stay tuned and be go installment loans sure to join the millions loan online approval of others who have benefited from biggerpockets. Do you have a good team in place to help you buy stuff or do payroll loan industry in mexico new you still looking for a CEO of your life to help you build your portfolio?