Blog
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Net Worth vs Income: What’s the Key Difference?
Net Worth vs Income: What’s the Key Difference? If your income stopped tomorrow, how long would your lifestyle last? Not your net worth. Not your 401(k) balance. Real income replacing what you currently earn. Most high earners are worth millions on paper, but are completely dependent on a single income stream. And that, as I
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What Is a Real Estate Sponsor? A Guide for Passive Investors
What Is a Real Estate Sponsor? A Guide for Passive Investors You’ve built a successful practice/business and now you’re looking at real estate investments that don’t require you to manage tenants at midnight. That’s where real estate sponsors come in. These are the general partners in syndications who find deals, secure financing, manage properties, and
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Pros and Cons of Being a Doctor: Is It Worth It?
Pros and Cons of Being a Doctor: Is It Worth It? Becoming a doctor is one of the most respected career choices a person can make. It’s also one of the most demanding. Before you commit to a bachelor’s degree, years of medical school, residency training, and potentially additional training in a specialty, it’s worth
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Are Trailer Parks a Good Investment? A Beginner’s Guide
Are Trailer Parks a Good Investment? A Beginner’s Guide Warren Buffett owns mobile home parks, and he is not exactly known for chasing bad deals. While most real estate investors are fighting over single-family homes and commercial properties, a quiet revolution has been happening in the manufactured housing sector over the past decade. Mobile home
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Top Examples of Appreciating Assets That Grow Personal Net Worth
Real estate (my favorite), stocks, and even fine art are examples of appreciating assets that can grow in value over time, building the financial foundation you need to achieve freedom. These assets are more than just numbers—they’re the tools that make work optional. At their core, they generate capital growth, but it’s not just about
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Why Dentists Retire 7 Years Later Than Average
Why Dentists Retire 7 Years Later Than Average Most dentists I know didn’t get into dentistry to work until they’re almost 70. But according to a recent study from the American Dental Association, that’s exactly what’s happening. The average retirement age for dentists is 69, while the average American retires at 62. That’s a 7-year
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High Income Earner? Here’s Why Your Paycheck Isn’t Enough
High Income Earner? Here’s Why Your Paycheck Isn’t Enough I graduated from dental school (periodontal residency) at 30 years old with over $300,000 in student loan debt and little understanding of personal finance. Nobody taught me about money in school. I knew how to treat patients, run a practice, and work hard. What I didn’t
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Mobile Home Park Investing in 2026: What the Data Actually Shows
Mobile Home Park Investing in 2026: What the Data Actually Shows Most high-income earners I talk to are in the same boat. Strong paycheck, high taxes, and a retirement account that’s basically their only plan B if something goes wrong. No real passive income. No assets working while they sleep. That was me too, and
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How We Doubled a $4.2M Mobile Home Park to $8.4M in 12 Months
How We Doubled a $4.2M Mobile Home Park to $8.4M in 12 Months In February 2023, my business partner and I at Perdido Capital bought a mobile home park for $4.2 million. One year later, it was worth $8.4 million. Here’s the part that makes most people’s jaw drop: on day one, we evicted 200
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Types of Mobile Homes: What’s the Difference Between Each?
Types of Mobile Homes: What’s the Difference Between Each? The term mobile home covers way more ground than most people realize. What started as basic trailer homes in the mid-1900s has evolved into a sophisticated housing category with federal standards, permanent foundations, and construction quality that often matches traditional site-built homes. When I first started
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What Is a PPM? Private Placement Memorandum Explained
What Is a PPM? Private Placement Memorandum Explained In a real estate syndication, the Private Placement Memorandum or PPM protects both the investor and the sponsor. For you as a potential investor, it provides the critical information needed for due diligence before committing capital. For the sponsor or fund manager, it creates a legal safe
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How to Finance a Mobile Home Park: Loans and Options
How to Finance a Mobile Home Park: Loans and Options Mobile home park financing confuses even seasoned commercial real estate investors. You’re staring at a property with 50 pad sites, steady cash flow, and high occupancy rates, but three banks have already turned you down. The local credit union says it’s too risky. Your commercial
