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Recent content by WJK

  1. WJK

    Im 15 chasing generational wealth, not supercars or financial freedom but GENERATIONAL wealth.

    IDEA 
    It sounds like a short-term window. I wouldn't expect it to last more than a heart beat.
  2. WJK

    Transparent Rental Platforms for Housing and Renting

    - AI - 
    Then you might cause a problem of being legally liable for anything that someone says that's bad. You must check the local laws. And then there are Federal Housing Laws. Here's the nut of the problem. I'm one person. I have 150 people who live on my property year-round. And during the summer...
  3. WJK

    Weekly Progress: What will you get done this week?

    HOT! CHAT 
    Andy, I'd go one step further. I'd forgive part of a month's fees to get them to change the existing agreements so everything you have is due on the same day. I like the first of each month. I'd have a "Christmas in the Summer" offer to change their due date. To me, it would be worth the...
  4. WJK

    Weekly Progress: What will you get done this week?

    HOT! CHAT 
    You talked about payments. I have all my rents due on the 1st of each month. And I have a late charge that kicks in after the 5th of each month. I have several tenants who have problems getting to town to go to their bank. I offer all tenants the service to do an auto draw on the 5th of each...
  5. WJK

    16 Year Old in The Pursuit of Wealth. No, I didn't say millions. I said WEALTH

    MINDSET 
    Why not make your goal to help one person or business, whether you get paid or not? Then you can ask for a referral.
  6. WJK

    Im 15 chasing generational wealth, not supercars or financial freedom but GENERATIONAL wealth.

    IDEA 
    You are focused on money -- what you will make and how it will benefit you. At this point, I wouldn't pay you either. Your goals and plans have nothing to do with me. If I were in your shoes, I'd be looking for practical knowledge and business experience. How do you know what people need and...
  7. WJK

    Transparent Rental Platforms for Housing and Renting

    - AI - 
    It depends on who you talk to. This month, we cleaned up a mess left by a tenant who abandoned the unit without notice. It costs more than their security deposit to simply do the cleaning and repairs. And they had only been there for a few months. We just inspected another where, we assume...
  8. WJK

    Transparent Rental Platforms for Housing and Renting

    - AI - 
    From your issues and questions, you sound anti-landlords. So, why would a landlord pay you when you are slanted toward the tenants? You ask the tenants to rate the landlord, but not the landlord to rate the tenant. Uh? My rentals are 100% occupied, and I have a waiting list. Yes, I run credit...
  9. WJK

    Weekly Progress: What will you get done this week?

    HOT! CHAT 
    The New Property: Last week, we got the electrical meter stand approved. The utility company called me on Thursday afternoon to say that they had calculated how much it costs me to bring in the power line. I didn't walk -- I ran to cut the check. I immediately drove to town to turn in the...
  10. WJK

    How do you accept harsh realites

    MINDSET 
    That's the point. You don't have to "reach stability and surplus". Part of building yourself up is learning to give and take from the people around you. It creates a humble spirit and connects you to others and your world.
  11. WJK

    How do you accept harsh realites

    MINDSET 
    Donating to the homeless doesn't change your perspective. Personal, hands-on helping others in need is many times an aha moment for the helper. It usually will cost time rather than money. Or the expenditure will be nominal. There are ways to give that really help others and enhance the life of...
  12. WJK

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    The PC was very disruptive in the commercial & warehouse RE markets and employment. I've talked about that before. In Los Angeles, we took a decade to absorb that excess inventory. It was the 1990s. Think about the PC and word processing. We went from hiring secretaries and clerks who handled...
  13. WJK

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    Why do you think that DOGE has been expelled? From what I hear, they are working on DOD right now so it can pass an accounting audit. They are scheduled to continue their work until 7-3-2026, when they are to automatically sunset. The immediate proof of their efforts will be in the recission...
  14. WJK

    How do you accept harsh realites

    MINDSET 
    That's true, but that's just the surface issue. Most people have a preset level of success that they expect from their lives and will obtain. It's like a thermostat that limits them. It comes down to either you have that fire in your belly or you don't. Those who don't aren't bad people. They...

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