One of my biggest issues with Wall Street and their salesmen, the traditional financial advisors that are investing your money in a well-diversified portfolio of stocks and bonds, is that there is very little in the way of incentives for them to perform.

My primary residence was my entry point into the world of real estate investing. But even though my primary consideration was finding a place to call home, I also wanted to be sure it was a place I could eventually turn into a rental property.

I believe that one of the best ways to create the life you want to live is to consistently take action. That may sound like kind of an obvious statement, and it is. But contained in that statement is what I believe to be one of the keys to success.

"You are the average of the five people you spend the most time with." It's a quote that I had heard a long time ago, but it wasn't until recently that I really started to think about it and consider its validity.

I have written previously about the importance of mindset in investing, sports, and life in general. I firmly believe that it is the single most important factor that determines a person's successes or failures.

The age-old question: buy or rent? I have admittedly changed my opinion on this matter over the years and am currently of the mind that it really depends on your situation and your goals and can see the benefits of both.

It can be said that the whole world moves in cycles. Whether you're talking about the weather or different investments, there is a predictable succession of high periods followed by low periods, hot times followed by cold ones, and good times followed by bad ones.

One of the most powerful things I've learned over the past 10 years is that your mindset is your single most powerful tool and the thing that your success or failure depends on most.

I'm a big believer in delegation, especially when it comes to accomplishing big goals that require lots of time, expertise, and attention.

One of the reasons I think I gravitate towards finances and investing is because I continually find parallels between them and my previous career as a pitcher.

After a tumultuous 2020, you would think it would be hard to be surprised by anything anymore. We truly are living in strange times, historic times at that, and this last week of January 2021 has been no different.

Multifamily refers to real estate that contains more than one household unit in the building, such as a duplex. But as far as lenders are concerned and for the purposes of this discussion, anything larger than 5 units is considered commercial multifamily.

I was recently introduced to the memos of Howard Marks, billionaire investor and co-founder of Oaktree Capital Management, which invests in distressed securities. He has been writing regular memos on financial topics since 1990, so it is extremely interesting to read his insights on market conditions prior to and during times of crisis in the financial world, especially considering the current climate we're in.

I first became acquainted with real estate as an investment class when I became frustrated with the lack of control and understanding about my stock market investments. At the time, I had absolutely zero knowledge about any general or technical concepts regarding real estate.

"Burn the boats" is a statement that comes to mind when I reflect on what got me to the highest level of baseball in the world.