Sorry I have been a MIA this past week, I was in Breckenridge, CO for my best friends bachelor party. Shockingly my doctor gave me the go ahead to ski if I felt up to it and you better believe if I’m going to be in Colorado in the winter I’m going to be skiing. This was the first time I’ve been skiing in 10 years and combine that with my total inactivity over the past 7 weeks plus being up 13,000 feet made for some heavy breathing and screaming legs. Holly Schnikies I’m sore!!!!
In the end I’m no worse for wear and being in such a great part of the country for 4 days only makes me want to work harder to develop passive income streams so I can take more vacations like that but even longer ones. Probate investing is not what I would call passive income as it’s a lot of work and if I’m not working it I’m not making any money. On the plan ride back from Colorado, sitting in between two arm rest hogs, I managed to lose myself in T. Harv Ekers Millionaire Mind seminar audios. He reminded me that my true goal is creating passive income not creating a job for myself.
For me Probate Investing is a means to an end. I’m using it in order to create extra income so I can invest in income producing assets. I want my money to work for me. Some ideas I got from Harv are…
- Parking Lots
- Storage Units
- Lending Money
- Buying 2nd mortgages
Does anyone have other ideas of passive income Strategies? The concept is easy to understand but I know for me it’s tough to think of true passive income avenue
Like I said last week my postcards went out about 7 days ago and I started getting calls over the weekend while I was away. One of the gentleman gave me my first “please take me off your list as I’m not interested in selling my house.” No problem buddy. There is no doubt I’ll be getting a lot more of these types of calls, but I’m surprised it took me 3 months to get my first one. I’ve got a few other voice mails that I need to catch up on as I settle back into my weekly routine. I did manage to receive a call while I was on top of peak 9 in Breckenridge. It would have been cool to answer the phone and tell the caller I couldn’t really talk as I was 13,000 feet in the air getting ready to ski down some moguls and avoid hitting the evergreen trees. Anyway, I’ve got about 3 voice mails I need to check and return phone calls too.
Bruce made a verbal offer to a lead I got two weeks ago and is going to meet the seller at the house later this week. I’m planning on taking a morning off of work to meet up with Bruce at the home and observe how he handles his business with the sellers. I also hope to pick up some tips on what to look for in terms of repairs, so it should be well worth taking a half day off from work.
My probate lead list is a little late this month, but It’s the first time this has happened so i just sent my supplier a nice email wondering what was going on. He has been spot on time the past three months and I’m sure I will be getting the list soon.
That’s about it for this week. As always, I love reading your comments so If there are any burning questions or advice you would like to give leave them below.