Atlanta Property Manager Talks About Investing Strategies
I always love this time of year. It is a great opportunity to reflect on your life to see if you are headed toward your goals or need to adjust your actions to reflect the kind of life you want.
Often times after being with loved ones, we are reminded of the real meaning of life. Which really isn’t about the money you make, the status you have achieved, or the house or car your own. It is about making a difference in the world. Impacting the world in a positive way leaves a legacy for you that can make life much more meaningful.
So what does this have to do with landlording and investing? Well, when Mark and I got started in the business, we had a mission to provide affordable quality housing. At that time in the market, the places that were renting in the price point that we wanted to serve were all dilapidated dumps. There was no pride; there was no quality; only poor people living in rundown shacks with neglectful landlords. Mark and I wanted to change the reality of that. Consequently, we had an investing model that provided for small houses that anyone could afford that were the nicest in town.
We treated the tenants respectfully and provided flexibility on deposits to assist the tenants in the transition to our properties. We provided them with a little more than they were expecting. We had and still have a significant impact on the community.
It was the basis of our investing strategy that has provided for our children’s education, a retirement plan for Mark and I, and impacted our community. So, as you think about your investment goals for the next year, I would encourage you to think about not only what you are doing in terms of helping yourself, but how your investing strategy can serve the community as well. What kind of impact do you want to have?
December 4th, 2009 at 10:39 pm
Keep posting stuff like this i really like it.