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You Never Know Until You Walk Out That Door…

Now this might be more of an instance with introverts, but…

You usually like to stay home, watch a movie with your favorite choice of snack, maybe read a good book, or type away at your computer like I am now. But on occasion when someone or something convinces you to go out, you’re glad you went. Maybe you even had an occurrence when you met someone and thought, “wow I never would’ve had such a meaningful conversation if I had stayed in!”

Sound familiar? Yup, ah-huh. That was me last night.

It was one of those typical small talk conversations which inevitably led to, what did you study in college and where are you working? He was a mechanic and I an aspiring architect so we naturally bonded over art, design, and a creator’s mindset. Soon we found a similar passion for leadership, entrepreneurship, and the future.

The one question I always get when I tell people I studied architecture in school is if I’m going to own my own firm one day. As if that’s the one goal we have, the highest point we can achieve, or possibly the limit of our imagination. But I can say, I myself am limited by imagination and fear. It takes a great deal to own your own business and no less amount of strength, discipline, and sacrifice to keep it running successfully. I’ve never been sure I could do that.

But his question threw me off. “Why?”

“Why do you want to work in an architecture firm? Why do you want to be just another person behind a desk?” His next: “What’s big on the market in Architecture? What’s the one thing people are looking for, now?”

His now was the important point. What’s trending, and how can you ride that trend and make it your success? You master what you can and become a leader in that area. Make a brand and a name for yourself. So yes, owning your own business, but in a completely separate dynamic. Find a niche that you are passionate about and maybe one day it can grow into something incredible. Suddenly, with passion involved, my fear started to fade into purpose.

Sometimes it can be easy to lose sight of the future and get overwhelmed by the all-encompassing present moments in our life, but then you have that moment when you gain perspective.  For me it was that ordinary conversation turning into a more meaningful interaction than I was expecting. Have you ever thought, “I am so glad I came out tonight?” Had a conversation or experienced a time that was highlighted from the rest that changed your life, or even just that day?

This conversation I wouldn’t say was life changing, but I think of it more as a domino. One more domino added to the line that will lead me to my goal. And maybe, one day, I’ll have the courage to tip that domino and build my passion.

 

Priceless Moments

Oahu, Hawaii

It seems that in this life we all strive for perfection, searching for that ultimate nonexistent level. Thinking this world only offers the finest to the richest. Granting reward only to the greatest.

But what about those moments that are priceless, the ones that truly matter?

Have you ever been moved to tears?

Witnessed something so beautiful it gave you chills?

Laughed so hard you forgot all your sorrows?

I may not be able to achieve perfection or greatness, but I long for the moment when I’m the one to elicit an emotion so bare it leaves you breathless. Hear me, see me, and I will move you to tears, erase all your fears, and bring a joy so everlasting it will displace your strongest moments of doubt.

Tips To Becoming A Landlord: How to get started with loans, interest rates, taxes and budgeting.

I want to thank my mom for sharing her story. She has come so far and built so much for her family growing from both her failures and triumphs. At 57 her and my dad have acquired 6 rental properties and sold a single family residence with the hope of retiring at 60. I am proud to offer up her wisdom and share it with any who will hear. Read on to learn about her tips to becoming a landlord including loans, interest rates, taxes and budgeting.

In her own words…

_____

“Don’t ever rent, you are throwing money out the window when you do. Buy.”
– Louis Terrazas, 1900 – 1988

That was my father’s pearl and without realizing it, my first lesson in becoming a landlord. I saw it years later in our neighbors who were young newlyweds. They lived in their home for only two years and then rented it out. That was 18 years ago and we still have renters next door! We always said – wish we could do that.

Life and taxes and finally the age of our daughters moving to college was upon us. Maybe this was the time to start buying. Looking back I realize why we never started. It’s scary! Or so we thought.

Beginner thoughts: You have to be in close proximity to your property to be able to check on it.

Experience Landlords: Get yourself a property manager.

One day while scouting my second daughter’s college, flyers were handed out to us to own your own condo! We were already paying for the first child to rent and realized enough was enough. Luckily, we had enough for the down payment of the 3 bedroom condo. Try to put down as much as 20% for better loan rates. Luckily, the flyer people were also the property managers. We paid them 5% of the $1650 rent in 2012. They find the renters, collect the rent, and fix any repairs. They even are our bookkeepers for the end of the year taxes. All made possible by another one of my papa’s advice.

“Save for a rainy day.”

If you are thinking of getting a loan to buy your first rental property you should do it soon before the interest rates go up. We got our loans at 3% and 4% which is great! But five years ago it was even better, at 2%. Be ready to divulge all of your liabilities and assets to whichever bank you choose. But first research! Big banks are difficult to get approved because they have more regulations and have higher interest rates. Credit Unions or regional small banks have less restrictions so personally, my best choice.

Experienced Landlords: Loans are a bear, but great are the rewards. Keep your credit score up!

Interest rates are very important if you plan to keep the loan for a while. That’s why when choosing your bank there are several things you should consider. Your starting point should be which bank has the lowest interest rate. Many banks offer you a chance to pay points to lower your interest rate. With the incentive being, the more points you have the lower your interest rate will be. However, if you can get an interest rate that is already low without having to pay extra then choose that one. After you get the loan you can lower your interest even more by paying extra towards principal every month. Google an amortization schedule and you’ll see the magic. These points and any other loan costs are tax deductible for the year you got your loan. Try not to get a loan with a balloon payment if possible. They say it’s a 30 year loan but at year 5 or 7 the interest rate jumps higher. They’re called ARM (adjustable rate mortgage) loans. Get a 30 year fixed loan, not variable, but remember to pay extra principal each month to lower your interest and years. $25 or $2500 it doesn’t matter how much extra principal. If you finish paying off your loan before the 30 year mark all the extra mortgage payments will be yours to keep and yours to start another down payment for another property.

After you pay off your first investment property then you can use that as collateral for your next loan. There are collateral loans out there. That means you don’t need as high a down payment. But if you go this route you better be sure you have a steady source of income and a balanced budget. If you miss payments on your second property the bank will take your first property. Know yourself first. Ask, is this my priority? If you start young enough you can retire as early as 30, 40 or 50!

Lessons: Write down your goals and put a timeline on them!

Taxes are another good reason to invest in rentals. For one you’re allowed to deduct the loan costs, which include mailings fees and the mortgage interests that you pay all year. But wait there’s more! You’re allowed to deduct one trip a year to check on your rental, which means taxes, insurance, Home Owners Association fees, property management, gas, hotel, airfare, food and especially repairs, to include cleaning products and landscaping. So getting a rental in a vacation area is not a bad idea or at least some place you plan to visit yearly.

My favorite financial education author is Robert Kiyosaki, writer of Rich Dad, Poor Dad and Unfair Advantage.  “Don’t work for money, have money work for you.” What he’s talking about here is passive income which can be explained as rentals or dividends. My parents never taught me to how to make passive income so I had to learn by facing my fears and just going for it. There will always be more hurdles to jump but with 6 years of work under my belt I think I can take them! My dad would be proud of me taking matters into my own hands, as he often would say…

“Take care of yourself first because no one else will.”

Final Notes:

So how did I get started?

Educate yourself. I recommend Dave Ramsey’s Total Money Makeover, Warren Buffett’s autobiography and both Rich Dad, Poor Dad and Unfair Advantage by Robert Kiyosaki.

Steps to Success:

First, you have to start out with a budget. Write everything down that you spend in a month. Use a debit card and only spend what you allowed yourself for the month. Calculate everything so that your budget should have a zero at the end of the month. Pay yourself first, which I call your savings/emergency fund. Then to a charity fund because remember, “God is your business partner.” Then to an investment fund (this is your down payment) and finally your house and bills. Do away with frivolous items for a few months until you have your emergency fund with about $1000 -$2000 to cover any setbacks. The emergency fund is so important because it gives you peace of mind for your plan.

Second, start paying off all of your bills. Start with the smallest amount bill even if it has the lowest interest rate. Then with the money that is extra begin with the next smallest bill. Soon you will have no more bills! Remember to not use your credit card anymore; you have your emergency fund for that. When you take money out of your emergency fund make sure you replace it the following month.

Third, after all of your bills have been paid off, you can increase your emergency fund to equal 4-6 months of your income. Also remember the higher the down payment the lower the interest rate. Now you’re close to having a great down payment!

Go forth and conquer!

That age old college question: Should I study what I love or what will make me money?

I want to thank my good friend for sharing her insight and wisdom. She has just graduated with her Masters in Architecture. She is powerful, independent and courageous bringing strength to everyone she meets and determination to every task she encounters. I asked for just a piece of her wisdom…

Q: People always ask the question: Should you go to school for your passion or for a degree that will get you a good job. Now that you’ve finished school and have had jobs throughout the entire process, what is your answer to this?

A: The idea of passion has vexed me since the moment it really became important, right before college when you are finally asked to determine a major, likely for a profession which you have no right to claim passion to. Passion, as many loved to tell me, came from this vigilant search in which you are this puzzle, with a  singular answer to light the way into the dream land called, “happiness.”

“If you find your passion, you won’t work a day in your life.”

What if I never found my passion? What if I didn’t have a passion?

Surely, I thought after all my self-entertainment in high school, one of the clubs, meetings, arts, sports, sciences, or extracurricular we all file ourselves into would level out into a clear passion. Perhaps mine would be costume design. Now this hobby didn’t’ just start from nothing, but came from a long line of poetry, story-telling, drawing, painting and having one anime-enthused boyfriend who inspired me to write into the wee hours of the morning. Yet, did all this lead to my passion? I thought it had.

Declaration time came. I was to choose my major, so I signed up for visualization. My parents fought to persuade me that a liberal arts degree would only lead me down a path of starvation, and perhaps they were right. Looking back on my costume plates, I see that I did master some self-taught skills, but my talents were just that…self-taught. Almost immediately after the acceptance letter came, my father had me change it to architecture. I convinced myself that architecture was design, and costumes are design, so architecture might just be the costumes of buildings? Maybe this logic makes no sense, but I found it comforting in a time when I felt completely out of place and out of control of my future.

When college finally started, like most freshmen, I found this new taste of freedom both exhilarating and exhausting. Studio life was a legitimate and ultimately unhealthy way of life that I would not learn to separate myself from for years. The first semester, I had no idea what an abstract idea was….and perhaps still don’t. My drawings were subpar, my models had no craft. I didn’t understand what an “axon” was or why I needed so many expensive markers where my craft pencils would suffice. I struggled and spent nearly every night working in a dirty, paint-covered classroom made of glass that froze in the winter and made all students look like zoo-animals during spring tours. I knew I didn’t belong and just waited for the opportunity to switch back into visualization classes.

I believed it was my second semester that my professor gave me paperwork to switch my degree plan. She didn’t think I could finish the year at the current mental state I was in. She knew I “didn’t want to be there.” I took the papers, went into a supply closet and cried. When I finished, I took myself back into the studio and continued to work, throwing the papers in the trash. In a way, she was correct. I had walked in with perceived notions of what I wanted to be, not fully embracing the opportunity I had been given. My attitude had to have been poor, my stoic and serious nature getting in the way of truly taking the opportunity to grow where I was at and understand the architectural profession for what it is.

It wouldn’t be for a few years until I really gained any skills worth mentioning. Like most things that are worth having, it took hard work, dedication, and practice, tons of practice, just to gain hold of what I needed to do. There was no way to truly understand my “passion” in one semester. Or even two! Passion isn’t a chase-able thing to me. Passion can’t be singular, because humans and our experiences are not singular. There is no word, no characteristic, no moment which we can truly describe any one person in our lives, so how can we ask to be so watered down into a simple “passion?” It is boring to assume one lone desire will fuel our lives completely.

To explain how to decrypt this human puzzle, I like to “simplify it” and say we all have broad spectrums of passions, skills, assets, and some we prefer more than others. Maybe the human experience is to throw a dart out into that spectrum and find peace in our decisions. Maybe we find that interactions with great people in our fields of work, location and mental or physical daily tasks are more meaningful to our state than finding “passion.” I don’t believe that there is any one job for anybody. Maybe if we surround ourselves in a positive energy, create meaningful relationships, and work toward a personal goal, we can find happiness in a range of tasks. Only through practice, work, and determination can we truly become “good” at a career.

When you are “good” at a career, you feel confident.
When you feel confident, you are happy.
When you are happy, that’s when you can find “passion.”

I am sure there are many, many holes in that logic, but in my journey I find this to be more true. Especially when looking back at the jobs I’ve held ranging from a vet clinic, a burger joint, a theatre, a woodshop, an architecture firm and oh so many more. Life knows what’s next. Some of these jobs had great people and others did not and honestly, I found that to be a bigger point on my daily happiness than the job itself.

Therefore, should you go for your passion or a job seeking degree? I say surround yourself with the best people and with work and time, you will find that a good job and passion can be one and the same.

First Day of Work

Oh the beginnings of a new internship…

 

We’ve all heard the stories about interns getting the bottom of the barrel tasks. Nothing wrong with it, we all have to start somewhere, and the stories can be entertaining to read. Since graduating I found myself working small contract jobs, joining a small startup Architecture firm, working as a Construction Leader at Habitat for Humanity, even starting up my own Airbnb, but I had never held an official Architectural Intern title.

Turns out the stories are true!

I started my new job at SAWS (San Antonio Water System) as an Architectural and Construction Management Intern. On my first day I sorted through FFE sheets (furniture, fixtures and equipment) counting how many trashcans, desks, chairs, whiteboards, ext., would go in each room, making an Excel sheet to stay organized. My boss joked with me that she had me working on trashcans my first day. Not the most exciting first day but at least now I had the classic intern experience! There are probably worse first day stories out there and my day was in no way bad or disappointing it was just amusing to me to be actually experiencing it.

Other things I noticed while at an office job:

  • My butt hurts! I’m highly considering getting an office ball to sit on.
  • Focusing on work, especially when you’re trying to read or research is difficult when you can hear gossip or interesting family stories all around you. Very thin walls these cubicles are.

Can you relate?

If you have a first day of work story you want to share I would love to hear it! How about office frustrations to get off your chest? Don’t worry you’re not alone. Send me an email through my contact page or from your original blog post and I’ll link it back to you!

Two Travelers

Hueco Tanks, El Paso, Texas

“I don’t understand, we’re not a hiking family!”
That’s what my dad always says when we find ourselves on yet another hiking trip. He’s more of a running man, but me I love hiking and climbing and I’ve come to love the desert as well. The serenity and bare beauty calms my heart to a slow beat in the desert silence.

Girls Night In Retreat

The girls from St. Mathew’s high school youth group put on their annual Girls Night In Retreat. The director, a high school junior, wrote a talk about their theme, His strength is hers. I would like to thank Danielle for allowing me to share her story.

 

“For the Spirit God gave us does not make us timid, but gives us power, love and self-discipline.”
(2 Timothy 1:7)

Each of you is priceless. If this is true then why are our thoughts often times filled with negativity. Thinking about how we aren’t enough or less beautiful than others. Take a moment to think about whom you associate the word ‘beautiful’ with and why do you think so. Now think about how this affects the way you see yourself. Do you still think you’re beautiful?

When you think about it, how can you know the true meaning of beauty, confidence, independence etc. if you don’t have self worth? Self worth is the sense of your own value or worth as a person. This means not worrying what other people think of you or letting their opinions change yours. It means that real beauty comes within and isn’t something that can be determined by your looks. It means depending on yourself and your own actions to define who you are and what you believe. And it means having confidence in God, that he made you to be unique and different so that you have a special part in the world.

How often do you compare yourself to others or unrealistic standards and expectations, making you feel unwanted. It makes it harder to remember how important and valuable you are. Think about the fact that you can be whoever you want to be. You can be shy and quiet, or opinionated, confident, loud, and happy. But at the end of the day be one hundred percent sure that it’s who you want to be, and not what others expect you to be. Living in your truth, now that is beautiful.

I will be the first to admit, that wanting to be everything can get the best of me. I want to be happy, funny, confident, and beautiful. I want to be a great friend that can be depended on at all times, a good student, a loving sister and at the same time please my parents, teachers, friends, and family. In some way, we all make the mistake of wanting to be everything, but don’t realize that we already are. We are because God made us to be everything that He wanted us to be, and it is our own decision to meet our full potential.

“Do not conform to the pattern of this world, but be transformed by the renewing of your mind.”
(Romans 12:2)

I know you’ve probably heard many times that you’re made in the image and likeness of God, and you’re probably tired of hearing it, but I don’t think we truly understand what it means. If we did then good self worth and self love would come a lot easier. We would treat others and ourselves out of love and worry less about earthly or material things that better our image.

The next time you feel less than you are and insecure, look to the people around you because they will be the people to build you back up. Let their presence fill you with God’s love and fulfillment. I leave you with the thought that you are fearfully and wonderfully made. That you are more than the time you disappointed your parents, more than the bad grade you got in chemistry, more than the amount of likes you get on Instagram, more than the boy that broke your heart, and more than the mistakes you’ve made.