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Blogger Profile


Colin

Blog Info

Name:
Building Income
Category:
Real Estate
Tags:
debt, general finance, investing, lifestyle, making money
Start Year:
2017

Blogger Bio

Net worth:
$540,000.00
Location:
Spokane, Washington, United States
Age:
40s
Race:
White
Gender:
Male
Life stage:
SIK (Single Income, Kids)
Profession:
Real Estate
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Latest Blog Posts

 Okay, so you’ve probably noticed that I’ve been a little quiet over the past several weeks.   It’s been a busy period of real estate acquisitions and writing (albeit not blog work).  I’ll fill you in on the real estate stuff in coming weeks, but for now I’m going to give you a quick sneak peek into the upcoming writing projects. First, I have a self-published novel that I’m targeting for release ...
Posted: Sep 30 2018 @ 1:21 PM
When most people learn that I formerly was a police officer, they raise their eyebrows and will usually say something like, “Really?  Why would you quit?” To most, the idea of being a police officer has an exotic feel to it.  It’s because they have envisioned the Hollywood cliché of law enforcement – heroic exploits of men and women in a daily struggle against crime and corruption.  While there are some ...
Posted: Jul 23 2018 @ 10:20 AM
A friend of mine, Andrew (not his real name), is married with two kids.  A few years ago, his life was like many Americans – he carried consumer debt, had no savings, and was stressed out.  Life was not turning out the way he’d hoped.  Then he realized he was responsible for the mess he was in and set about to change things. He worked hard to improve his financial position. ...
Posted: Jul 02 2018 @ 10:21 AM
I read the most astounding paragraph in the June 19th, 2018 edition of USA Today.  In Wealth of Millionaires Surges 10.6% to top $70 Trillion for the First Time, David Carrig was reporting on the World Wealth Report 2018 recently released from global consulting firm Capgemini.  It was the third paragraph of the article that really caught my attention, The number of high net worth individuals (HNWI) – which Capgemini defines ...
Posted: Jun 25 2018 @ 9:56 AM
If you’re looking to purchase an investment property, whether it be a residential single-family home or a commercial building, the purchasing process is very similar.  While there are some differences between the two processes, I thought they are close enough that I thought we should take a quick run through to get a discussion in place for future articles. For discussion purposes, residential properties are single family homes, duplexes, triplexes, and ...
Posted: Jun 18 2018 @ 10:00 AM
We spend our lives with risk. There is everyday risk like driving to and from work, school, or some event with our spouse.  At any moment, we put ourselves on the road with other people who may or may not be in full control of themselves whether it be from alcohol, lack of sleep, or relationship induced stress.  Some of these people are just plain morons who should not be allowed ...
Posted: Jun 11 2018 @ 10:13 AM
Becoming wealthy is not something that happens overnight. Sure, some people win the lottery or have a windfall of money from an unexpected inheritance, but you should not be holding your breath for something like that to happen to you. Instead, to build real wealth, you need to think long-term. Rather than living lavishly, it’s important to adopt a lifestyle of disciplined saving and investing. These simple actions can help almost ...
Posted: Jun 04 2018 @ 9:23 AM
I stood at the hotel room door, shortly after 5:30 a.m., with a hot coffee in my left hand and my cell phone and a banana in my right hand.  This obviously wasn’t my normal routine and it had been further thrown off by the lack of coffee.  There should be coffee makers in every hotel room, but this was Las Vegas and if you stay in one of the casinos, ...
Posted: May 28 2018 @ 9:04 AM
I’m afforded a position where I work daily with a wealthy clientele.  Most of this group came to their affluence through hard work and creativity.  In other words, it wasn’t generational, gifted upon them by a relative after their passing.  These men and women had to get up every morning to earn their piece of the pie.  The majority of them are baby boomers and Gen Xers.  However, some of ...
Posted: May 07 2018 @ 10:37 AM
My girlfriend asked me, “What advice would you give my niece about investing in real estate?” It was a loaded question that lead to several of follow-up queries. What does she want to invest in?  Where does she want to invest?  How much money does she have?  What are her long-term goals? My girlfriend rolled her eyes (she does this a lot) and quickly re-framed the question, “What advice would you give a ...
Posted: Apr 30 2018 @ 10:19 AM

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