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 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.

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

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.