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  1. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    Last week, I did paperwork. LOTS of paperwork. About 60+ hours of paperwork and I'm hard at it this morning. I swear those little pieces of paper have babies every night while I'm sleeping. It's like they've been taking lessons from mice or rabbits on how to multiply. And I have more of the...
  2. WJK

    My Self-Storage Investment Journey - Follow Along!

    HOT! INVESTING EXECUTION REAL ESTATE 
    The most valuable part of your mailing campaign is having your list, your notes about the different facilities, and the owner's replies. When I was brokering and bird-dogging, I used that type of info as a farming tool to hone in on my prospects. You could even start an association with a...
  3. WJK

    My Self-Storage Investment Journey - Follow Along!

    HOT! INVESTING EXECUTION REAL ESTATE 
    Don't forget about RV and boat storage facilities.
  4. WJK

    How many Business Failures did you have before success?

    NOTABLE! CHAT 
    I sure don't expect things to work out the first time I try them. I know it's a long learning curve to figure out how it is all going to work. This is especially true for complicated operations and plans. I try to take it one part at a time and get that aspect working. Then I move on to the next...
  5. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    Last week we were gone on vacation. Work was done while we were gone. We were repairing a leaking roof before we left. The leaks were on a major seam in the metal. The repairs turned out to be good. It's a huge metal shed roof that only had a couple of minor remaining leaks when the men...
  6. WJK

    I have a problem with MJ DeMarco (Follow your passion gets a beatdown)

    GOLD! HOT! 
    After I left high school, I went to a private college where I worked my a$$ off. And the young ladies who also attended made fun of me. All I did was work and go to school. They told me that I needed to get a life. I was there for my education. They were there to party and their daddies paid...
  7. WJK

    I have a problem with MJ DeMarco (Follow your passion gets a beatdown)

    GOLD! HOT! 
    I went to my 50th high school reunion last year. I talked to the people I grew up with. I revealed nothing important about myself or my situation. Telling them that I was successful in my life would have caused them to feel uncomfortable. I just asked questions about them. I didn't dress up for...
  8. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    This coming week:10/2-7/23 The natural gas company is replacing the trunk and supply lines on my property. It’s a huge job and we’ve been preparing for this for almost a year. They have now almost finished the actual work of laying the lines and we’re moving along on it. Our rehab-flip...
  9. WJK

    My Self-Storage Investment Journey - Follow Along!

    HOT! INVESTING EXECUTION REAL ESTATE 
    I agree with you. The "secret" to success is the ability to change directions as you read the changes in the market. And yes, it is an uncomfortable and lonely road. Here's my example. Before Covid, I had a major conflict with the local Landlord's Association. (That group has since dissolved...
  10. WJK

    My Self-Storage Investment Journey - Follow Along!

    HOT! INVESTING EXECUTION REAL ESTATE 
    I've been thinking about your reply - and it's an interesting situation that seems very common. Don't most of the people around us get up every morning -- put on their pants one leg at a time and follow the same routine without asking any deep questions for years? Did they deliberately choose...
  11. WJK

    My Self-Storage Investment Journey - Follow Along!

    HOT! INVESTING EXECUTION REAL ESTATE 
    I thought maybe he was a wholesaler. So, I asked a long time ago if that was true. No answer. He's sure not a broker, but that would be a good gig for him after putting in all of this work and research. He would have a built-in practice with a readymade lead farm. I just cannot figure out the...
  12. WJK

    My Self-Storage Investment Journey - Follow Along!

    HOT! INVESTING EXECUTION REAL ESTATE 
    Questions: Why would you have "lots of competition" at the same time as high interest rates? Usually, the higher lending costs quell the other investor's interest in RE. Lower rates usually bring the hoards out of the woodwork. Or have the higher lending costs cooled off your personal...
  13. WJK

    100 Unsexy Business Ideas: Name as many as you can!

    GOLD! IDEA 
    You might start it as a side gig and see how it goes. I always have some side gigs. It's my dribble money that adds up over time while I see how those businesses work out.
  14. WJK

    Why what car you drive matters

    HOT! MARKETING 
    When I was a young trophy wife, and later I had my Expert Witness practice, I hit this wall straight on. The people in those worlds know when something is the real thing or a knock-off. I was amazed to find that this kind of stuff really mattered to the people around me. It's the hypocrisy and...
  15. WJK

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I don't think that the old "war economy" works anymore. Our weapons are too drastic and too far-reaching. We could blow up Mother Earth these days. You're right that most voters vote for their comfort. I think the only way out is to expand the economy, cut red tape, and cut taxes to spur...
  16. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    This coming week:9/18 -24/23 Our rehab-flip project: Last week, got some windows installed and the exterior walls patched. Got the Tyvek up and ready for the T-111 siding. Need to put a new center support beam in the basement under the center of the house. It’s cut and ready to go in. My...
  17. WJK

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    That's one point of view. Reagan proved that it could also be done through growth and tax cuts. Yes, we need to cut spending. We wasting a large percentage of every Federal dollar. We need a good businessman to take the reins and make it work. We need to cut the whole Federal government.
  18. WJK

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    You're right about the influence of the national debt. This is a different animal. We're in a totally stupid place (says the girl who hates debt!). There is another way out. Growth. We could bring a bunch of our manufacturing home. Yes, I believe it is "doable" with AI and robotics. I would...
  19. WJK

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I was. At the beginning of 1980 interest rates jumped from around 10% or 12% to 21% and 22% just about overnight. The world stopped for a long time while the Feds got the inflation factor under control. Around 1990 started the meltdown that took down the whole Saving and Loan Association and...
  20. WJK

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    How about the 1980 and 1990s?
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