“Be careful what you wish for, lest it come true!” The origin of this saying is Aesop’s Fables (circa 260 BC), not a modern country singer as some might think. Either way, it is a powerful statement when it comes to financial wealth.  You see, I talk to hard working, high paid professionals every day […]

Yogi Berra once said, “It’s tough to make predictions, especially about the future.” He was a wise man. No wonder they named a cartoon character after him. The problem is that everything we do in finance ultimately relies on some kind of belief of how the future will play out. As a result, we often […]

If you are part of our Wealth Formula Investor Club you know that we do a lot of multifamily real estate. In fact, 95 percent of what we do is working class, value-add multifamily real estate with the same two operators. Some of you have invested literally millions of dollars into these deals. I’ve got […]

I don’t really like basketball and have never watched a full game in my life. Despite that, I knew who Kobe Bryant was and was shocked by the news of the tragic accident that took his and his daughter’s life. His passing actually reminded me very much of Princess Diana dying in a car crash […]

People send me real estate deals to look at all the time trying to get an opinion on whether or not they should invest. Usually it’s some glossy executive summary showing nice pictures and impressive proforma numbers. “What do you think?”, they ask. My answer is pretty much always the same. “I don’t know these […]

I have a question for you. Did you make any significant New Year’s resolutions or set some serious 2020 goals for yourself this year? I bet when you set those goals, you likely felt a lot of energy: “This time I’m going to do it!”. You felt like nothing was going to stop you. Now, four […]