Rich With No Job

Dave Lindahl is a real estate guru/investor, specializing in multifamily properties. M1 recently had a Monday night call with him, and he mentioned the following books as being transformative and inspirational for him (disclaimer: these are affiliate links):             Dave has also written a bunch of books himself:      

Definitely worth checking out.  Ryan Holiday is specifically talking about books, but I think greater lessons can be learned for any creators & entrepreneurs.  Here are some of the more interesting things covered: What to create vs. what you love to do. Marketing Doing things that don’t scale Stoicism & giving up control

Figured I’d write some notes on this book.  This is my “cliff notes” version for anyone who is too lazy to read the book (or just wants a refresher). This book hits home to me as I’m currently trying several entrepreneurial journeys (I’ve started two LLCs in the last month) and the idea of when a project […]

It seems as though the wealthiest read at least one book per week. Why? They have an insatiable curiosity and look to books to solve their problems They have structured their time so that they can have leisure to read.  Warren Buffet, for instance, spends most of his day reading. With this in mind, I’m […]

Are you spending wayyyy to much money and not sure where it is going? That’s the situation I found myself in this last month. I have a monthly plan to review my credit card statements, but after the end of last month I had the question: “Where did it all go?” What Doesn’t Work (for […]

Big changes this month: I’ve moved $10k more into my trading account.  Since my trades have been going swimmingly, I’ve decided to double down on credit spreads.  I’m trading a very, very simple strategy which I’ll have to tell you about in a later blog post.  What’s amazing is the capital invested in this is: […]

Roughly the same as last month.  I’m still quite happy with this.  Of course, I’m ultimately aiming at getting to 100%. My job has now wound down, so mostly I’m looking at ways to make an active income, but not as an employee.  Rather, I’m starting my own business (doing FBA – more to come […]

Just migrated from wordpress.com to wordpress.org, as I finally bought the domain – richwithnojob.com. (For those who don’t know – wordpress.org is the blogging software that the company gives away, wordpress.com is their hosted version – which is free, until you want a custom domain, or show ads, etc). WordPress is famous for it’s “15 […]

Oh yeah! This month was a huge win for me.  Notice that I started tracking expenses and calculating what my financial freedom % is.  Obviously at 100%, I’m financially free! Some new things: Vertical Credit Spreads I’ve been long SPX/RUT, which has paid off.  Really, I’m just going with the trend.  Will it reverse soon? […]

There are some interesting startups in the real estate world: https://better.com/ – No mortgage commissions.  I might just use them for my next purchase. https://www.lendinghome.com/ – hard money lending at 90% LTC, 80% LTV https://www.opendoor.com/how-it-works – skipping real estate agents. https://www.redfin.com/ – real estate agents with half the fee. I think the real estate industry is ripe for disruption.