Rob’s Words Of Wisdom

Search

In this Gathering clip, Rob Rowsell took a break from his usual real estate and financial discussions in order to share about his Christian faith journey. Rob used a baseball diamond chart as an analogy for “rounding the bases” of spiritual maturity in Christ.

Serving in your local church is key to growing in your Christian Faith Journey.Christian Faith Journey as a Baseball Analogy

First Base is the start of the Christian faith journey. This is when you accept Jesus Christ as Lord and Saviour of your life, and he cleanses you of all of your sins. While it may be the most important event in your walk, it is literally just the beginning!

As you round the rest of the bases, you are maturing. Second Base is your commitment to maturity. Studying your Bible and praying leads to a closer relationship with God. When you grow as a Christian through these steps, God sanctifies you and molds you into the image of His Son.

Heading to Third Base, you obey God and use the talents He blessed you with to serve in your local church. You will learn more about your gifts and where God wants you as you learn to hear His voice.

As we become head back to Home Plate, the end of our Christian faith journey, God wants us to become a Kingdom Builder. Jesus called us in the Great Commission to lead others to him and make them Disciples. At last, we assume the role of Missionary. This can be lived out overseas or right here in our own community.

Join Our Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the Addicted To Life Community! Each month, Rob Rowsell teaches you what to do in order to build wealth in the real estate business. It’s not as easy as it looks! This field can be hard to navigate, so having a successful guide in your corner like Rob is a must! Enroll today!

When you are in the real estate business, it’s essential to know the basics of buying rental properties at auction. Rob and Gary discuss the process with our rental properties discussion group, the Addicted To Life Community. There are both treacherous pitfalls and huge rewards to consider when bidding at auction for rental properties. If you’re looking at buying properties on the auction block, you’d better do your homework first!

Buying Rental Properties at auction - do your research before bidding!Buying Rental Properties at Auction – Due Diligence

When Real Estate Investors consider buying rental properties at auction, they must perform their due diligence. Whether you physically look in the windows and interview neighbors, or just research previous sales prices online, you are doing just that. The more you know about the property before going into the auction, the better.

Members of our Addicted To Life Community chimed in to share their experiences with bidding at property auctions. Steve was not serious about bidding on the auction. However, the seller required him to bring a cashier’s check in a specified amount in order to attend. The auction took place at the county courthouse, and he felt like it sold for much more than it was worth. Steve was just coming for the experience, so no worries from him.

Paula has experience with buying several rental properties at auction. She has done business with the public administrator, so she is often invited to sit in at auctions, even if she has no interest in buying. Paula has learned a lot just from observing auction sales take place.

Jake detailed his experience attempting to buy properties at auction in Phoenix. He went through a bidding service, which was a real hassle. The service was very aggressive, calling constantly to get his bids up. He ended up just giving them his absolute maximum bid, and insisting they not call again. He also detailed a very disturbing experience another buyer had involving a dead animal in the property basement.

Join Our Community for More Rental Properties Advice

Do you own multi-family rental properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the Addicted To Life Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Enroll today!

 

 

 

Asset Protection strategies to protect real estate are so important! If you do not file your numbers properly regarding your properties and liens, you open yourself up to litigation. Savvy attorneys notice when your real estate properties’ numbers are not right, so don’t slip up! Protect your assets!

Real Estate Protection Strategies - build your assets umbrella to cover all the paperwork basesStrategies To Protect Real Estate – Asset Protection Umbrella

Rob Rowsell opened up to the group about strategies to protect real estate that he learned from experience. The first step in building that asset protection umbrella is making sure you have all of your ducks in a row, paperwork wise.

When you buy new multi-family rental property, you will go through the arduous process of filling out a giant stack of papers at the courthouse. One of Rob’s friends and mentors advised him to make sure those forms show the correct amount of equity in the home. Do the math! Between the actual value of the property and your loan, you must enter in the right numbers at the County Assessor’s Office. Otherwise, you may leave yourself open to a messy lawsuit.

Make no mistake about it. Some lawyers are sharks, and they swim around and examine public records. When you do not enter in your information correctly, they might just smell your blood in the water! Implement the legal strategies to protect real estate, or your mistakes could quickly cost you investments you’ve worked years for.

Join Our Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the Addicted To Life Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can be hard to navigate, so having a successful guide like Rob is clutch! Enroll today!

We real estate entrepreneurs are Type A Personalities. We’ve learned to mellow with age. While we are healthy and in a good financial position, we need to relax and enjoy the fruits of our labor. A side benefit of taking time off? Your employees can show you how well they perform when you’re not there watching over their shoulders! Enjoy life’s blessings and plan a vacation today – you may not be in the position to do so tomorrow!

Type A Personalities need vacations too!

Type A Personalities – Stop And Smell The Roses While You Still Can!

Recognizing the older, successful Type A Personalities in the room, Rob provided the example of how strict a boss his father was when he was younger. Rob said he and and his co-workers felt lucky to get lunch breaks and a weekend off!

Later on, Rob’s son Micah worked for Rob’s dad. In stark contrast, the elder Rowsell was much more lenient with young Micah. We all tend to mellow with age, and (hopefully) become more empathetic of others.

One of the perks of investing well throughout our careers is the ability to enjoy the fruits of our labor. It may be tempting for us Type A Personalities to keep our noses hard on the grindstone to the very end. What good is the wealth we have earned if we can’t enjoy it, though?

While you have the time, the money, and your health, you should plan a vacation getaway with your significant other. If you don’t, then you will live to regret it.

Join Our Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the Addicted To Life Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Enroll today!

You can’t hide anything from an attorney! If you own multiple properties, then you need to take steps toward financial assets protection. In order to protect your assets, make sure that you have enough property insurance to protect your investments and practice anonymity. Otherwise, you will live to regret it!

Financial Assets Protection is a must - multi-family rental propertyFinancial Assets Protection Strategies Discussion

Rob Rowsell hit the ground running in this ATL call! It is so important to cover all your bases with your properties. He learned his lesson about financial assets protection the hard way when a jilted employee blindsided him with a lawsuit for over a half a million dollars! Talk about not having your ark ready for the storm!

Our host laid out three key strategies to assure that our assets are protected:

  1. Make sure you have enough comprehensive insurance on the property
  2. Practice anonymity through a property holding company – an LLC doesn’t count!
  3. Have enough liens on the property to make sure the value is evident

If you don’t think that you will need this advice, then you should think again! The more properties you own, the more open to litigation and financial audits you will be. Whether you like it or whether you don’t, the storm is coming. Do you have enough financial assets protection strategies in place in order to weather the storm?

Join Our Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the Addicted To Life Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Enroll today!