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Archive for July, 2009

Jul
25

An Inspired Evening

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It’s 10:30 at night on a Saturday, and you might be wondering why I am taking this time to update my blog…

Truth be told it’s been a while, an embarrassingly long time, in fact, since I updated.

The good news is that it has been a very busy and productive several months. The real estate agent business has really taken off with Redfin and they’ve been keeping me hopping on lots of showings every week.

I get paid by the job, and it’s a lot of fun to get out of the house and into adult company, especially on these lovely long summer days.

Baby Blake

Baby Blake

Baby Blake, the love of my life, is already 14 months old. He is walking and has lots of teeth, and is learning to walk backwards and sit down on a step or low seat.

The real thing that I’ve been working on, though, is setting up a system of websites (product-based blogs) and getting them to rank online. I’m already starting to make money, but I don’t want to go into too much detail about it here until I have something serious and exciting to share.

I am, of course, taking time to enjoy the wonderful warm summer days.

I have four affirmations with posters I illustrated up on my wall:

1) I enjoy every moment. – This keeps me present and focused on the day (today) that composes my life and creates my reality (not yesterday or tomorrow). This keeps my from worrying or kicking myself too much.

2) I enjoy heating healthful and life-extending foods. – After reading some crazy but thought-provoking books like THE RAW FOOD DIET, I recently read THE CHINA STUDY which said – NOT what I wanted to hear, btw – that a vegan plant-based diet is optimal for our health and can prevent and even reverse lots of diseases like diabetes, heart disease and cancer. I love my ice cream, butter, cheese and eggs, but I am currently practicing vegan cooking at home and vegetarian dining when I go out to eat. It’s really not that hard – there’s plenty of good stuff, but I feel like I could be doing a lot more with the fruits and vegetables. I also worry about making sure that Blake – a growing boy – gets the proper nutrition he needs. So, I am going to talk to nutritionist next month to see if she corroborates the findings in THE CHINA STUDY and whether she has any recommendations on the best diet to eat for health (rather than for gustatory satisfaction).

3) I am a wonderful wife and mother. – This is to remind me that people and my relationships are what it’s all about at the end of the day. As much as I get wrapped up in and excited by my various business projects, there are people around me who need me, want me and love me and it’s important that I be there for them in an exciting and life-affirming way.

4) I make $4,000/month. – That is my current monthly income goal as a part-time stay-at-home Mom. I chose that number because it is enough to meet all our household expenses should something happen to affect Ben’s job.

Commercial Real Estate Update

Although the economy is starting to have a negative impact on some of the Mom-and-Pop tenants in our shopping center, we are still getting good returns from that property as well as our other El Paso, TX holdings.

34501 Quincy, LLC should be signing a lease with a tenant and an option with a potential buyer soon. We still have room for a couple more investors, but with these great improvements on the project, we’re finally starting to see some of the blue sky we’ve been expecting the last couple of months.

Good Reads

Although I feel like I hardly ever have time to read these days, I’ve been enjoying some library books by Og Mandino. Recently read the Secrets for Success and Happiness as well as the Return of the Ragpicker and am currently working on the Spellbinder’s Gift. Although I was sad to hear he died shortly after completing Secrets For Success And Happiness – a journal that spans several years – I felt like I got to know him more through that writing than many of his others, although the are all simple, straightforward and inspiring. Reading them is like sitting down with a beloved grandparent who knows how to tell a good story, and who also teaches and models good old-fashioned values. Would have liked to have heard him speak live.

Family Visits

We just had my grandfather and family in town last week. He is a real estate developer out in Milwaukee. He has done quite well through the years, although is currently looking to liquidate some condos that he built that got caught in the down-turning market. Asked me for advice on lease-optioning them. I’m flattered!

Developing is a good business if you’ve got the cash. Otherwise, can be risking to do on spec. Have to know what part of the cycle your in and what you’re going to do if the market changes.

The Real Wealth Company

My partner Rob Powell and I are making slow and steady progress on The Real Wealth Company website. We’re building content and search-engine rankings. The look and feel is currently very Rob-esque. I am working on influencing him to make it more Emily-esque, but we’ll see where it comes down.

We put together a cool free video series on How To Get Started In Commercial Real Estate for our subscribers. In case it isn’t clear, put your email in the box on the top right to subscribe and get the 5-part video series.

Okay, well, I think my husband conked out in bed a while ago while I was putting Blake to sleep. I’m going to go check on him and call it a night here. Hope you are well, and I enjoyed getting back into writing my blog for fun, rather than writing about affiliate products which I have to “develop” an interest in when I go into those lines of work.

I will keep you posted on my blog profits as that project continues in the next 6 months or so…

Til then,

Emily

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About Emily Cressey

Emily Cressey is a real estate investor and licensed real estate agent living in Seattle, Washington. After graduating Phi Beta Kappa with an Economics degree from UNC-Chapel Hill (Go Tarheels!) her focus has been on building business for cash flow and investing in real estate for wealth. If you have questions about real estate investing, personal finance, or would like some flat-rate, affordable advice on one of these topics. Please fill in the Contact form.