About Us

about-us-1

My Approach

I trade options based on technical analysis.  I typically use trading range and trends to do a combination of credit and debit spreads.  In order to limit my risk I stay away from naked or uncovered positions.  My other passion is Real Estate investing.  I currently own a couple rentals and helps offset my living expenses.  I am always looking for new investment and income streams so let me know if your interested in discussing.  Thanks.

My Story

I graduated high school in Sioux Falls, SD, then moved to Minneapolis in late 1995.  Thanks to a friend letting me stay on their couch while I got established.  I only had 500 dollars to my name at the time.

After moving to Minneapolis I started work at a temp agency doing collections calls for Retailers National Bank on Mervyn’s Credit Cards.  It was a late shift and not very rewarding.  It was here that I was first introduced to Real Estate.  A fellow co worker had become a Realtor and brought me a few listings to look over.  I started doing the math and realized it was near impossible for me to buy something but the seed had been planted.

At the time I had been going to school part time and working full time.  Working and going to school didn’t work for me. I was always tired and I wanted to have a social life.  After being late and missing a few days of work due to partying I was eventually fired from collections and had more time for school.  This is when I started looking for a new job since my savings wasn’t going to last long.  It was in 98 that I started working for the phone company and making good money.  It was a union job and paid well but the hours made it impossible to continue going to school.  I never finished college but I was making more than most people with degrees since it was a union job.  It was at this job that I started learning more about investments and Real Estate.  They even had a program that paid for me to get my Real Estate Sales License.  It was then that I really got hooked on rental property and starting working on getting my first property.  This was during the start of the real estate bubble.  I had sold a couple houses as a part time Realtor and full time phone guy.

One year after I had gotten my license I was laid off from the phone company.  I was horrible at marketing my Real Estate sales and eventually had to move back in with my parents.  This is when I was rehired by the phone company.  While I was making decent money again I hated it.  After being out on my own I knew this wasn’t the job for me so I quit and went back to school.

I am not a college guy.  It didn’t last long.  After the first semester I dropped out and got a new job.  I was now in my early 30s and living in my parents basement with no money or savings and I knew I needed to find another job.  Thankfully I still had a passion for investments and business so I figured I should get a job where I will learn about what I like and get paid.  I went to work at the bank as a personal banker figuring I would learn about banking while I saved up to buy a new house.  This worked well until I learned all I could and figured it was time to move on.

The bank taught me about loans and bank accounts but didn’t teach me anything about investing.  This is when I  went into financial advising where I got my Series 7 and insurance licensing.  I was in heaven.  I loved the investment side of things unfortunately I am no good at getting clients.  The good thing is this helped me afford my first rental property.  I bought my first duplex in 08.  This was right after the crash and before they shut off the grant programs and loose lending standards.  I bought the place with nothing down and walked away from closing with 3000 in my pocket.  I lived in one unit and rented out the other while having a roommate.  Between the rent and roommate I had no mortgage payment.  This was great but instead of saving I bought all the things I had been putting off for the last few years instead of saving for a new property.

I lived there for a few years until I met my wife and had my first child.  We moved into her house and I started working on the phones taking stock trades with a local brokerage house.  I climbed the ladder till I was working in a specialty team working for high net worth advisors and their clients.  I leaned a lot about investing, different types of accounts and ownership’s and how rich people invested.  It was a great learning experience.  I also started selling Real Estate again part time.  I got a little better and when my daughter was born I quit working at the brokerage firm and started Real Estate full time again.  Having a new born and trying to get my business off the ground was difficult.  One night while my family slept a friend posted that my old telephone company was hiring again and I applied that night.  The next morning they called and offered me the job.

My daughter was about 9 months old and we put her in day care while I worked full time and did Real Estate on the side.  My wife and I started looking at properties and putting together a plan on getting another one.  After a couple years of saving we had our son.  We were getting close to having enough for a down payment .  Instead we stayed home for the 1st year of our new sons life.  We each took turns staying home for 30 days at a time to raise him.  It was the best thing ever but ate deeply into our savings and so we had to start saving again.

 

Let me know

Please feel free to send me a message about anything you like or dislike about my page.  It is currently in the initial stages and I keep trying to improve it.  Thanks


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