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Real Estate Agents: Benefits of Incorporating 3/5
Saving for your next house faster The more I talk to real estate agents, the more I realize how much they want to own real estate. Sometimes it’s an agent with four houses looking for the next one to rent out. Sometimes it’s an agent who just bought their first home...
Real Estate Agents: Benefits of Incorporating 4/5
Invest in Life Insurance If your cash flow is tight right now, this isn’t for you. If you think insurance is a cash grab by the insurance companies, this isn’t for you. If you aren’t looking to build wealth, this isn’t for you. If you are still reading, this might be...
Real Estate Agents: Benefits of Incorporating 5/5
Give Your Retirement a Boost When you create your PREC, you can name anyone as shareholders. As the real estate agent, you need to hold the voting shares. But other members of your family can become non-voting shareholders. When someone is listed as a shareholder in...
How The Top Agents Spend Their Time
How does your day compare? One of the biggest questions that agents want to know the answer to, whether they are young or old, is how are the top agents spending their time? Now I have no idea of the specific activities you do, but I know what they are doing from a...
Using the Lessons of Moneyball to Become A Top Agent
It's a process One of my favourite movies to watch is Moneyball, the story of the 2002 Oakland Athletics baseball team. A brief synopsis of it - a financially poor baseball team uses excel to be excellent. I thought I liked the movie because I like baseball and I like...
Taking Tax Training
Where do you get your knowledge? This week I am sitting in on four days of tax training for accountants. Why am I sitting in on accountant tax training when I’m not an accountant? Partially because I am a glutton for punishment. But primarily so that I can...
Getting out of Debt
Dealing with the emotions that come from debt. In 2020, my friend was forced to close her massage practice due to shoulder issues. While she was going through treatment on her shoulder, she held out hope that she would be able to reopen and held onto the rental...
Getting out of Debt 2/4
Tip 1 - Reducing your Interest This month we are looking at four steps to get out of debt. As I mentioned last week, if debt is not an issue in your life, please consider who you could help by sharing this blog. Today I’m talking about lowering your overall interest...
Getting out of Debt 3/4
Tip 2 - Taking the Quick WinsThis month we are looking at four steps to get out of debt. As I've mentioned, if debt is not an issue in your life, please consider who you could help by sharing this blog. Today we are looking at taking the quick wins. As a reminder,...
Getting out of Debt 4/4
Tip 3 - Cascading Your Payments This month we are looking at four steps to get out of debt. As I've mentioned, if debt is not an issue in your life, please consider who you could help by sharing this blog. Today we are talking about a strategy called cascading...