Deciding between 401k contributions or real estate? Choose both!
Saturday, January 11
"I am thinking about contributing less to my 401k so I can use the money to invest in real estate." I hear these words from people all the time. Why not do both? When you invest in a traditional 401k you get the benefits of reducing your taxable income, but you also miss out on the many tax wri...
Paying off student loans is an emotional decision, NOT financial
Thursday, January 09
Over the years I have had countless opportunities to payoff my student loans. Sure emotionally I would like to say I am debt free, and if others choose that's the path they want to take I understand. However, I don't make emotional decisions with finance, I make decisions based on knowledge. Let'...
BRRR? Why not try the BRAT!
Wednesday, September 26
Like many investors I have tried the BRRR method with success, but like many others I have also had issues with one significant step of the BRRR method, the refinance. For those not familiar with what BRRR stands for, it is buy, renovate, refinance and repeat. So if you buy a house for 50,000 a...
STOP meeting with investors all the time (unless you are new)
Thursday, January 25
In 2017 I sat down with an investor that is new to me over 100 times as a goal of mine to network and build relationships, and while I did forge some amazing relationships I found myself moving away from my mission statement for my company MCK Management. For reference our mission statement at M...
Started with a newborn baby and no plumbing
Monday, March 14
While my true exposure to real estate investing came in college I remember my first "real start" in real estate investing. My wife and I had just gotten married in October 2011 and the next year we made the difficult decision to sell our home on a short sale rather than sink all of our wedding mo...