Your Credit Score is Getting an Overhaul

This doesn’t happen often, but the three big credit bureaus have agreed to change the rules as to how your credit score is, well…scored.  Like any other large established business, they are slow to change.  But, they are finally making some improvements that will...

Compounding Money While You Sleep

Have you ever looked at a compounding chart?  I was fortunate enough to be handed a compounding chart when I was 20 years old by a stock broker at Dean Witter.  It really opened my eyes.  Below is a compounding chart that I made for my youngest child when he was 9...

The Underworld of Seller Financing

Did you know that there is an underworld of seller financing alive and strong out there?  Chances are, you probably haven’t given it much thought. We are familiar with this concept because it is one of the worlds we do business in.  Now, you might be wondering why I...

Take Responsibility

Are we becoming a nation of people who never want to take responsibility for anything? The newest attempt at a law here in Nevada is to seal eviction records for 60 days. Here is the write up from the NVAR: AB107 would provide that eviction records, from the affidavit...

InvestX: Shortcuts to Savvy Investing

What do you get when you combine a wealth consultant, a tax structure guru, a family trust advisor, a legacy and family wealth planner, and a real estate investment strategist with a room full of investors? The answer is an unbeatable educational experience called InvestX.

Do You Own Any Rental Homes?

If you do, you might want to keep an eye on Portland, OR.  Let’s say you need to (or just want to) raise your rent.  Not so fast, you big, bad, filthy rich landlord.  In Portland, they are going to charge you $2,900 to $4,500 for raising the rent on your rental...

Do You Trust the Mass Media?

For the most part, 68% of Americans don’t trust the mass media, as shown by a new Gallup poll.  Does that really come as a surprise to any of you?  If it does, you should try listening to multiple sources on the same stories and see how differently they are reported....

Protectionism and its Unintended Consequences

“It’s the economy, stupid.”  Some of you may remember that phrase, coined by James Carville for Bill Clinton’s campaign.  Well, in all my brilliance, I am coining a new one: “It’s the free market, stupid.” Tom Henderson has done it again with a great article...

I was Nervous to Be at Sea

Two weeks ago, my wife, Tanja, and I set sail on a Carnival Cruise out of Galveston, Texas headed for three Caribbean islands.  This was our second cruise ever, lasting 7 days -- twice as long as our first one. I am not normally a nervous traveler, and the ship...

Is It Our Right or a Privilege?

This article by Tom Henderson is so spot on, so I wanted to share it with you today.  This is the part that scares me about the government: both sides seem to have forgotten about the importance of free markets.  The government is not here to help, they are here to...

A Fascinating Set of Maps

This blog is more for fun than anything.  Here are 18 maps showing different ways the world breaks down.  If you ever wondered in what countries people drive on the left side of the road, where to get Big Macs, who uses the metric system, or even how many countries...

Make Us Proud, Tesla

I would like to share an article with you that appeared in Bloomberg recently about flipping the switch on the world’s biggest factory to date, the Tesla gigafactory.  The building’s location was so affectionately referred to as the “scrubland outside of Reno, NV.” ...

Whoville to Rent to Ownville

How would you feel if you made plenty of money to afford a home, but you were not able to get approved for a loan because you were self-employed? Or what if you paid all your bills all your life, but a medical issue forced you into bankruptcy, and now you can’t get financing to buy a home?

The Time Value of Time?

I wanted to share this interesting article about “time discounting” written by Robert M. Sapolsky in the Wall Street Journal. I have discussed the “time value of money” before, but what about the “time value of time”?

Follow-Up to Losing $400K

A few weeks ago, I sent out an article sharing how Verne Harnish lost $400,000 on a wire scam.  Literally-- POOF -- $400,000 of his hard earned money was gone.  Here is a link to that previous article in case you missed it: Defrauded out of $400,000 I wanted to share...

Why Do Women Make Less Than Men?

It’s a fact many of us are familiar with: Women make 77 cents for every dollar a man makes. If you take all full-time workers and divide the median annual earnings of women by the median annual earnings of men, it does equal .77.

A Glimmer of Hope in a Sea of Regulations

The Consumer Financial Protection Bureau was recently ruled as having an illegal structure by the US Court of Appeals for the DC Circuit.  The court wrote in its decision: “Indeed, other than the President, the Director of the CFPB is the single most powerful official...

Defrauded out of $400,000

I follow Verne Harnish’s weekly blog. Verne is the founder and CEO of Gazelles, Inc., a very successful consulting business that provides “executive education” for high-growth companies around the world. He is also one of the original founders of YEO (Young Entrepreneurs’ Organization).

Which is a Better Investment?

We compared financing packages the other day for a senior assisted living property we are considering buying.  Here are our options: How do we choose?  They both have fixed interest rates for 15 years, and both are due in 15 years.  The interest rates are slightly...

A 13.6% Return Without Risk?

We recently opened a new fund to purchase re-performing notes. As we worked through the downside of the fund, because that is the most important part, the same question kept coming up between Steve and I. “Why does this seem too good to be true?”

A Text From Our Son Overseas

This is a text from our youngest son Dexter at 10:32 pm his time in London, England to my wife, Tanja: “Just arrived but haven’t heard from the person that I am supposed to stay with tonight yet. Trying to find another place but only have Wi-Fi for an hour here at the airport.”

Save Today Johnny, Not Tomorrow

We talk about compounding often in our newsletter because it is so powerful. I was reminded the other day by a friend of mine about the difference between saving and investing your money early in life as compared to later.

America’s Hunters and Gun Control

I was reading some posts on Facebook and listening to the talking heads after Obama’s town hall meeting the other night on gun control. Then I received an email from one of our blog readers that got me thinking about what is real and what is a lie or skewed for political purposes.

Where Did All the Babies Go?

Interesting demographics for the world. This was in the Economy and Markets newsletter by Dent Research. The concern is we don’t have enough babies being born to help sustain the overall economy especially as the larger generation’s age.

Brother, Can You Spare a Dime?

When I was 17 and owned my business Reno Lawn and Landscape, I had just finished thatching a lawn. I was filthy from head to toe because the lawn was dry and full of dust. It was one of the first times I had used my new thatcher and the job had taken a few hours longer than I anticipated.

92% of Homes Now Have Equity

92% of homes now have equity. Or is it that 8% have negative equity? What does that translate into? 4.1 million homes are still underwater. They owe more on their mortgage than their home is worth. Of course, the good news is that it has been dropping and continues to get better for the housing industry.

Is Harry Right?

I am no expert on the stock market. In fact, I don’t have a dollar in it as of today. I lost faith in it over 5 years ago -- but that is not why I am sending this out. I am sharing it as a purely informational piece, so you can do with it whatever you like. I get...

94% of Young Renters Want to Buy, But Can They?

Americans are optimistic for the future. Isn’t that the American way (or at least for those young whipper-snappers out there)? Nearly all renters 34 years of age or younger questioned in a new survey from the National Association of Realtors® say they want to own a home in the future.


This was sent to me from one our long time blog readers and I thought it was worth sharing. Normally, I can’t stand to summarize complex problems in a sound bite which is so famously done throughout the media daily on all sides. However sometimes small sentences tell big stories as you’ll see below. At the very least, these points should make us all go…hmmm. - Greg

In Case of Rate Envy

I was reading the Wall St. Journal yesterday and I came across an ad for Ally Bank. Is this crazy or what? They are bragging about 1.00% interest on your money because that is how low rates are nowadays. I know this doesn’t come as a surprise to any of you, but I feel we have all become immune.

A Story to Brighten Your Day

Last week you listened to me get worked up about today’s lack of personal responsibility and the government’s tendency to feel like they have to provide housing for people. This week I’ll lighten the mood with a story about how some true Americans are still displaying personal responsibility despite all the handouts and various government programs offered to them!

Shut Them Down

Bureaucracy at its best. Twelve year old Emma Farrell and fourteen year old Alex Farrell were shut down as they tried to sell lemonade in front of their home in the summer of 2013. These darn kids were only trying to earn a dollar but they didn’t consider all of the silly, nonsensical laws they needed to follow developed by those “in-the-know.”

The Reason So Few Are at the Top

“In the months I was writing this, the media, driven by Occupy Wall Street, became obsessed with the discussion of the 1% vs. the 99%, but neither the Occupy spokespersons nor the media dealt with the perspective of behavioral causes. Actually, there is an ‘Income and...

The Real Value of a Home

What follows below is a forward-looking letter written by Jason Zweig to his grandkids about the value of owning a home. It is not about the financial investment, but what it becomes over time. It’s about having a special place for your family to capture memories and experiences over the years.

Meeting George W. Bush

Last month we attended the SBRE Summit in Dallas to present our real estate investment fund and we were followed by the former president, George W. Bush (43). Okay, maybe it didn’t happen exactly that way but it is fun to say.

Hot Coffee

What is the truth behind the lady that spilled hot coffee in her lap after going through a McDonald’s drive-thru? I can almost guarantee you have the story wrong.

The Good, Bad, and the Ugly of Using Leverage

We double our returns by using conservative leverage. A lot of investors know how leverage works, but even some sophisticated investors don’t always get it completely. If you haven’t used it much, or had investments that use it, then the concept of leverage can be a little fuzzy.

Don’t Call Millennials a “Renter Generation.”

A recent TD Bank survey of 1,002 adults found that just under half of millennials will be looking to purchase their first home over the next two years. Millennials, those aged between 25 and 34, already make up the largest share of home buyers at 32 percent, according to the National Association of REALTORS®.

What Costs Less? A Banana or to Send a Letter?

I received a great response from one our readers who read my article in reference to all the government regulations that are imposed on us as businesses and really how inept the government is at any program they have ever implemented and managed, even if it is 200 years old.

Please, No More Laws for Us Law Abiding Citizens

I have decided to rebel against the system of stupid laws. I am not coming to a complete stop at stop signs any more. I am done, finished, following that law. It is stupid and should be changed. Eight out of ten stop signs should be yield signs OR just no sign all. I feel like Earl Pitts on the radio when I say things like that.

Are You a Hard Money Lender?

I received a call last week that started with the question, “Are you a hard money lender?” I told him no, we don’t lend money, but tell me what you are looking for and maybe I can help direct you to the right person.

Announcing: Our New Strategic Alliance

You might have seen this new logo appearing on an email signature or in some of our material. Home Today™ is a non-profit based out of Las Vegas whose mission is to help people become homeowners. We now have a strategic alliance with them and it is really exciting.