Retirement Worth Having

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Profit Margin for Your Business

Profit Margin for Your Business

Understanding the profit margin for your business can allow you to make reasonable plans and set reasonable expectations on what to expect from you and your business. Many small business owners I talk to are not really clear on the profit margin they are shooting for and therefore take a

Reverse Goal Setting

Reverse Goal Setting

Set your big goal and then work it backwards. Over the years I've learned the importance of "just getting started." The action and the mindset cannot be dismissed. Yet, shortly thereafter you might be wise to take the time and figure out what your BIG Goal is. You could start

Basics of Profit & Loss Sheet

Basics of Profit & Loss Sheet

Training A Profit & Loss sheet is really nothing more than a list of all your income minus a list of all your expenses and the remainder is either a profit (if the remainder is positive) or a loss (if the remainder is negative). This can become as complicated as you

Training and Coaching by Chris

Training and Coaching by Chris

I offer training and coaching for businesses of all kinds. Of course, property management and real estate are my specialties. But business is business. My coaching and courses include: * Ruthless Prioritization * Profit and Loss Statements * Proven Sales Skills * How Money Works Learn more about my coaching and training over at

Who Set Your Financial Thermostat?

Who Set Your Financial Thermostat?

MINDSET MONDAY Each one of us has a financial thermostat. Your financial thermostat is that level of income between what you absolutely need to make (the floor) and the amount you currently aspire to (the ceiling). I've worked with hundreds of real estate leaders, maybe a thousand real estate agents

Creating a Profitable Small Business

Creating a Profitable Small Business

This website is all about running a small business, becoming an entrepreneur and creating your Retirement Worth Having. Why? Because my son is launching a fish business and I'm proud of him for that. It really takes some guts to start out on a new venture. I know. I've been

Should You Buy Series I Bonds?

Should You Buy Series I Bonds?

Series I Bonds How would you like a relatively safe investment that is guaranteed by the United States government to have an interest rate that is inflation adjusted? You can invest up to $10,000 a year in these bonds and you can add another $5K to that if you

8 Questions to Ask Before Buying Your Next Investment Property

8 Questions to Ask Before Buying Your Next Investment Property

Here are 8 questions to ask yourself before buying your next income property to help fund your Retirement Worth Having. 1. Am I investing for cash flow or appreciation? 2. What type of rental housing portfolio am I looking to own; single family homes, multi-family homes or apartments? 3. What

Should I Buy An Income Property In This Market?

Should I Buy An Income Property In This Market?

Should I buy an income property in this market? Well, as usual, that depends. We are going to run the math on a bell curve Olathe, Kansas home, the city in which Ad Astra Realty, Inc is based. The house we will use is in the 66062 zip code, is

Should I Sell My Rental Property?

Should I Sell My Rental Property?

My son asked me a question last week that I have been asked weekly over the past few months. "Should I be looking to sell my rental property?" The question was motivated by fear. Will the market tank? Will interest rates keep climbing? Will Putin's war expand and thus impact

Why more than How

Why more than How

On a near daily basis I speak to would-be real estate investors who all ask me "How" to do this or "How" to do that. I'm more than happy to help. Yet, taking the time in knowing the "Why" of what you are doing almost always allows me to better

Leverage and Your Investments

Leverage and Your Investments

I love real estate investing for the same reason I love owning a business; leverage. In the businesses I own I utilize employees to leverage my available time and reach. I create services that people want to have and then I hire employee partners to serve those people. It makes

Rents, Wages and Inflation

Rents, Wages and Inflation

Rents are rising. How high can they go? Here in Kansas City we are beginning to feel a real ceiling in many of our price ranges around the metropolitan area. Ashely, our Leasing Director at Ad Astra Realty, Inc property management is showing me conclusive evidence that fewer of our

Preparing for Real Estate Investing

Real Estate Investing

Preparing for Real Estate Investing

I've helped hundreds of people better their retirement plans through real estate investing. One day I was working through some thoughts and realized that there is a hierarchy to follow when it comes to what/when to invest any monies. Dave Ramsey has his Baby Steps [https://www.ramseysolutions.com/

HSAs, Taxes and Income versus Wealth

HSAs, Taxes and Income versus Wealth

Health Savings Accounts (HSAs) are another fantastic tool for sheltering retirement savings. Well, that's if you don't need them to pay for healthcare in your retirement years. But in any case, it's sheltered money to help out with your savings. I remained ignorant about this for years and thus I

Zillow, Costa Rica and Your Net Worth

Zillow, Costa Rica and Your Net Worth

A little of what I've been reading and thinking that you might find of interest. Net Worth... When is the last time you calculated your net worth? With the Dow closing over 36,000 for the first time ever [https://www.kiplinger.com/investing/stocks/603699/stock-market-today-110221-dow-36000-at-last] and the exuberant

Recommended Reading As You Consider Retirement Plans

Recommended Reading As You Consider Retirement Plans

Reading allows us to learn and grow through what others have discovered. Here are some books I've been reading.

4 Benefits of Real Estate Investing

Real Estate Investing

4 Benefits of Real Estate Investing

It's easy to say what appreciation was. It is more difficult to predict what appreciation will be.

At What Age Should I Retire?

At What Age Should I Retire?

What if you planned your retirement based on the timeline of events in your life rather than a milestone age? Here are some things to think about.

Welcome to Retirement Worth Having

From 1991 to 2021 we've been on an average pace of 4% per year appreciation in real estate on a national level. Let's talk about that.

The Illusion of Security

The Illusion of Security

We all seek it. "It" being the day we are secure enough in our finances, secure enough in our income, secure enough... But if you watched that very nice home in the Canary Islands last month disappear under molten lava, you know that nothing we do will outlast anything and