So writing my first book is off to an OK start.
I'm at roughly 3,000 words, but I got super distracted.
On Thursday, I attended a small workshop for Real Estate Investors.
We spent the bulk of our 4 hour meeting discussing how to "fill the pipeline", or in other words, find off-market deals.
The moderator walked us through a case study where he and a realtor friend of his identified 100+ small multi-family homes (2-4 units) in Newton, NJ.
All of the homes were absentee owned, which means the property owner doesn't live there.
They marketed to the properties through direct mail, cold-calling, and door knocking and managed to convert a few leads into revenue generating activities like listings, flips, rentals, etc.
All of this to say, since Thursday I've been trying to figure out how to mimic this process in the markets I'm interested in.
Let's just say the raw data available to the public at the State, County, and Township level is overwhelming.
I already spent some $$$ on Fiverr, and sent a Starbucks gift card to an old high school friend who tried to help me convert and properly format a .txt file into an .xls.
I'm not there yet, but I'm getting closer. What I really need to do is reprioritize the book and hire an expert to mine the data. If you know anyone, please let me know.
I'll end the weekly update there.
Now, what you've all been waiting for.
Livin' La Vida Luna
Not much to see here. Just two best friends hangin around. Life's good.
Podcast Recommendation
@Naval was recently on the Tim Ferriss Show again in an episode titled, Naval Ravikant on Happiness, Reducing Anxiety, Crypto Stablecoins, and Crypto Strategy.
The Crypto portion is whatever. The rest is gold (no pun intended).
Here's a snippet from the episode:
Proper examination should ruin the life that you’re currently living. It should cause you to leave relationships. It should cause you to reestablish boundaries with family members and with colleagues. It should cause you to quit your job... If it doesn’t do that, it’s not real examination. If it doesn’t come attached with destruction of your current life, then you can’t create the new life in which you will not have the anxiety.
If you don't know who Naval Ravikant is, I highly suggest you spend 5 minutes reading his tweet-storm on How To Get Rich (without getting lucky).
If you find that thread interesting, you can then invest the hour or two in listening to the podcast episode I reference above.
