I’m sorry that I’ve been missing in action for the past 6 months!
There are lots of things I could blame for my inactivity:
- busy at work
- busy playing Hearthstone
- busy with day to day life
- busy being lazy
Lots of things to blame….. but only one person to blame: me.
For the past few months I’ve been trying to figure out what I want to be when I grow up and I’ve come to the realization that I don’t ever intend to grow up. I’ve also been trying to figure out how my wife and I can reach our biggest goal: that I can be retired at age 60 and my wife can be retired at age 52.
Let’s back up for a minute….
I got very sick about 10 years ago and ended up in the hospital. My employer at the time was amazing and gave me time to get healthy and get back to work. That illness helped me put things into perspective and made me think about what I really wanted. I wanted to be a father and have the financial freedom to spend time with my family. I convinced my wife that we needed to find a property that could provide rental income and could help us work towards building cash flow. There were many long days while I was sick and away from work, so I had started reading books by Robert Kiyosaki and other experts on “cash flow”.
We bought a house that had 3 suites and started our journey to building cash flow…… except we didn’t.
My employer was amazing and I enjoyed going to work, coming home, playing with my daughter, having time to play board games with friends on the weekend, and enjoying life. And life was good.
Life still is good. I’m no longer with that employer, but I have a good job that pays well. I’m happy that I have evenings and weekends for my wife, daughter, family, and friends. But lately I’ve realized I want more.
I want the freedom to get up in the morning, have a coffee, take my daughter to school, come home, exercise, work for a few hours, run some errands, pick my daughter up from school, make my wife and daughter supper, and enjoy my evening.
In order to achieve the lifestyle I’ve described above and reach the goal my wife and I have of early retirement I have to start doing things differently.
I believe I can achieve these goals by building cash flow. I’ve been reading books about it and learning about it for more than 10 years – the latest one I picked up is called “The Lifestyle Investor” by Justin Donald – I highly recommend it! It’s time for me to actually put these ideas into action.
I also plan on writing about it! So here we are: Day 1 of my family’s journey of creating cash flow with real estate investing!
What’s first? The first thing I did was get the name of a good Mortgage Broker from a Real Estate Agent I know – Jennica George here in Regina. If you are looking to buy or sell a property here in Regina give Jennica a call. She’s great! I’ve sent the Mortgage Broker an email and hope to have a meeting with him in the next few days.
The next time you’ll hear from me will be about my meeting with the Mortgage Broker and the beginning of our search for the right property!
Have a great week and I’ll talk to you soon!
Noel – September 6, 2021
Geomatics Guru 