What is the stupidest thing you ever heard regarding money?

The government has a big problem. It owes an enormous amount of debt and needs a cheap way to pay it off. The solution? Get interest rates lower and print more money. President Trump's new pick to run the Fed, Kevin Warsh, is expected to cut interest rates significantly. 1 basis point in the next 12 months. More money in circulation means each dollar you own is worth a little less. Prices go up. Your savings goes down. That's inflation — and it works like a slow, invisible tax on everyone. Saving for retirement really doesn't work in an inflationary environment. My rental income has been rising since we started buying them 30 years ago. The value of rental housing has also risen along with inflation. If you are a W2 employee you will be hit the hardest. Salaries will not climb but the cost of "stuff" will. If you rent you do not get the phantom appreciation as well. The question isn't if this affects you. It's whether you're ready for it. What are you doing to protect yourself? Drop it below 👇

I remember buying my first investment property thinking who do I think I am? I processed that thought over and over in my mind. I came to the conclusion that I want to be thought of and recognized as an investor by my Realtor, my Attorney and my Mortgage Broker. This transformation took place 4-5 months before I had my first investment property. I became a real estate investor just with no houses yet. Fake it till you make it. I would drive around looking at multifamily houses while everyone else was spending their weekends doing weekend kind of stuff! Why? Because that's what Investors did or at least that's what I thought they did. I didn't have a mentor or ChatGPT or a Skool Community. I had my realtor Arlene Longo that was gracious enough to entertain my BS title of "Real Estate Investor" long enough to actually get me to a closing table and sign a ton of papers! I found her while calling a listing of another 2 family house I was interested in. I think we looked at about 30 properties until I came up with my first purchase. I looked at this 2 family and liked it but the numbers didn't work. I drove to the listing agents office and asked the listing agent why I should buy this house. My realtor flipped out when she heard I went around her to gather some Intel information. Turns out the homeowner was going through a divorce and was sleeping in the basement of the 2 family and freaking out the girls renting the first floor apt. and he needed to sell fast! Perfect! I offered my number that worked and they accepted it. My first distressed asset of my life! Who are you willing to become? Drop a line below