Hiatus – Off to Chase My Dreams

I will continue to take a hiatus from this blog and crowdCONNX as I focus more fully on writing my second book, The Walls Have Painted Eyes: The Story of the Mural Artworks of Michelle Loughery Building Connections within Communities and People.

In the mean time I hope you all find meaning and purpose in your life, read good books often and takes steps to secure your finances. I know I will be.

Screen Shot 2016-09-02 at 10.44.02 AMWith that in mind I recommend Tony Robbin’s Money Master the Game: 7 Simple Steps to Financial Freedom. I am half way through it, have received a wake up call and loads of inspiration and advice from the masters themselves. You can also take my advice and invest in real estate as I have, plus support me on my journey but purchasing a copy of my first book The Bartender is Your Landlord: Why the Wealthy Elite Invest in Real Estate and How Anyone can Join Their Ranks. 

Take care of yourselves,

M

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Up to 50% Off! For a Limited Time Learn Why You Should Invest for the Price of a Latte!

Get your Kindle version of The Bartender is Your Landlord: Why the Wealthy Elite Invest in Real Estate and How Anyone Can Join Their Ranks for only $3 or the paperback for $5.95 and learn how YOU can become a landlord and secure your future financially. This is a limited time offer so click the link or book cover to learn how while sipping on your latte.

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Coverage Ratio is an Excellent Indication of a Solid Investment Property

bartenderlandlordcoverCoverage Ratio is always my favourite indicator for the health of a possible real estate investment property. There are two main reasons for this.

The first is a good coverage ratio shows that the property’s income is enough to both cover it’s historical and projected expenses as well as the mortgage (principal and interest payments) without the investor having to fork out more of his or her own money.

The second reason is that the bank or mortgage broker looks at the coverage ratio as one their primary guides for loaning applications. They will of course look at you and your financial strength as well. You can seriously improve your chances of receiving your loan at the most favourable rate if you arrive with your numbers in hand with a beyond satisfactory cover ratio worked out in advance. This small exercise will set you miles apart from the average real estate investor that sits before them.

So what is a coverage ratio? Coverage ratio is your net income (income after all bills are paid) divided by your total debt services (mortgage interest plus principal). So if your net income was $1000 and your total debt services was $800 you would have 1000/800=1.25 or a coverage ratio of 1.25.

Today banks and mortgage brokers are typically looking for 1.2 to 1.3. I recommend you go in with something much higher. At least 1.5 if possible.

You can find a 7 step guide to real estate investing on our company site www.skopikinvestments.com which highlights the various steps we recommend you take. You can also check out my book The Bartender is Your Landlord: Why the Wealthy Elite Invest in Real Estate and How Anyone Can Join Their Ranks for reasons why I think everyone should and can invest invest in real estate.

Chapter 5 Preview: The Walls Have Painted Eyes by Michelle Loughery with Michael Moore

Below is a selection of the unedited first draft from Chapter 5 of The Walls Have Painted Eyes: The Story of the Mural Art of Michelle Loughery Building Connections Within Communities and People by Michelle Loughery with Michael Moore. This is my second book and Michelle’s first. Writing it has been an amazing journey which only gets better. I have written here before of the relevance of Michelle’s story and work which I feel stronger about as I continue to write this.

We will keep updates coming as we continue!

Chapter 5 Route 66 Preview:

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Michelle Loughery and Shelly Steiger in front of Route 66 Café

It was in Route 66 Café that I met a war met with pink earnings. This man would only be in my life for a brief moment but would leave me with something special that lasted. He was a huge man yet he got down to his knees in Route 66 Café among the cockroaches which were the size of your hand and kissed my hand. He said “Buddha said those who paint large faces will heal a community.”

I have always thought that was very pivotal for me. It is on the highway in cafés where you can find the best cross section of good people, a thin slice of them.
Those words, his words, have always stuck with me. I drive or fly around the world and I paint big faces. Sometimes those big faces are war heroes or bankers or founders. It is the written or the economic history, but the lines between all of that is in the cafés and truck stops and pubs; the places you eat at when you are a traveling artist, that is where you truly learn about the people.
He shared his story about being a Vietnam war vet and how life had been really hard for him.
When I went down a second time and to paint a huge mural of the Gold Star Boys, who were war heroes, he remembered me. He was exactly where I left him, in the Route 66 Café, earnings on but not the pink ones, and he welcomed me back.
The mural that really happens is the people that you meet.
There was this Chinese man who came by the wall everyday. He claimed in a thick accent that “He no speak English.” He visited everyday to watch us work and sometimes bring me tea. It wasn’t until many such visits that he opened up. Turns out he was a doctor and spoke perfect English!
I asked him, “Why, now, can you suddenly speak English?”
He responded, “It is easier if people think I don’t understand and speak pidgin.”
I was appalled by this and how this man felt.
It is also when you are sitting on the wall painting that you learn everything about people painting with you. Shelly and I spent a lot of time together.  She shared all sorts of stories including her grad story, which was one of my favourite examples of the differences in our communities.
“At my grad we were in a truck… and people starting shooting at us.”
“What are you talking about shooting at you?” I said “People can’t just start shooting at you.”
“Honey you don’t know nothing about Missouri.”
It was true. People did shoot at her and I didn’t know anything about Missouri, but I learned…
One day we were painting and I was teaching her when the Sheriff showed up.
“Mam! You need to change your clothes.” He said.
“Why? I’m fine.”
“Mam, we don’t allow no tank tops here.”
“What?”
“We don’t want to see no tities.”
I thought he was kidding. Shelly told me he wasn’t, that I had to go put a muscle shirt on, anything but a tank top but in Canada we kind of laugh such things off so I chose to ignore him.
He put his hand on his derringer.
Shelly said, “Go change your tank top.”
I did.

The Significant Theme of The Walls Have Painted Eyes: The Story of the Mural Art of Michelle Loughery Building Connections Within Communities and People

We finished the chapters outline for my second book, The Walls Have Painted Eyes: The Story of the Mural Art of Michelle Loughery Building Connections Within Communities and People yesterday. It is during this process that the central theme often clarifies itself along with subthemes. It came as no surprise to me that the central theme for Michelle’s work would carry such an important message that I think is very relevant to today; nor that the subthemes should tackle such topics as racism, community and the significance of recognizing our heritage in our daily struggles in this modern society.

It is a dream of mine to write a book that will have a positive impact on my readers. It was with that in mind that I wrote The Bartender is Your Landlord: Why the Wealthy Elite Invest in Real Estate and How Anyone Can Join Their Ranks. In that book I attempt to inspire ordinary people to take their finances into their own hands and invest in real estate to secure their financial future. I think The Walls Have Painted Eyes will offer something even more significant.

The Walls Have Painted EyesThat significance comes from the central theme which is Michelle Loughery’s life philosophy of what she calls The Wall. The Wall is different for everyone, for Michelle it very much is the physical 40 by 50 foot walls she worked her mural art on; yet it is also something quite intangible. It is what those walls meant for her, what they provided Michelle with, what they took from her, what she gave to them, the kids involved, the communities, the sheer size and scope of the projects, the painting, her family and their involvement, everything that went into it but mostly what went on inside of her.

Everyone has a Wall. A place for artistic release. Michelle believes that this is missing in our modern society which is more focussed on financial or commercial success, the accrual of more pretty things and fame. It has almost become shameful to be involved with the arts, whether it be writing, painting, singing or cooking unless you have the commercial success to back your claims. This keeps us from exploring our own Walls, our own passions, our own special talents that we can offer this world. Instead many members of our modern society drown under the trap that has been called the rat race never once living to their full potential.

That is why I think the theme to The Walls Have Painted Eyes will be so significant. I think that Michelle’s philosophy can and will inspire our readers to pick up their paintbrushes, or hammers or chisels… It will help people find their own Wall, to find the place within themselves that they can always come back to in times of need, a place of healing, a place that alters life as they currently know it.

I cannot and will not attempt to explain her philosophy of The Wall here. Michelle and I have hours ahead of us for that discussion and more before I can ever hope to truly capture it. Yet I know it will come through as we write the story of her work. I can say this though, the writing of this book, the book that preceded it, the blogs and the books to come are my Wall.

 

My Second Book: The Walls Have Painted Eyes, The Story of the Mural Art of Michelle Loughery Building Connections Within Communities and People

The Walls Have Painted Eyes
Photo by Chris Hsiung – Hidden Gems

It has begun!!!

I have begun the process of writing my second book: The Walls Have Painted Eyes, The Story of the Mural Art of Michelle Loughery Building Connections Within Communities and People, based on my good friend and partner in crowdCONNX.com Michelle Loughery’s 25 years of combining her love for art with her want to help people, specifically youth at risk and communities through her mural artworks.

Keep an eye out here and on www.crowdCONNX.com as we will post regular updates on our progress as well as share some real stories from people whose lives were changed after having worked with Michelle on her many mural projects. These stories will also be shared in the our book so you will be getting some advanced pages for your reading pleasure!

I am honoured that Michelle asked me to be a part of this when the interest in her story grew. I am also thrilled to be putting pen to paper again (or keypad to computer code).

First Post = First Book

It seems fitting that my very first post should be a plug for my very first book. The Bartender is Your Landlord; Why the Wealthy Elite Invest in Real Estate and How Anyone Can Join Their Ranks is me trying to inspire other regular guys like me to take their financial future into their own hands through investing, particularly by becoming a landlord. This book is not so much a how to as a why to. I hope you enjoy it and begin the process of securing your future today.

Future posts will be anything from reviews of books I have enjoyed, to philosophies, poetry, wine or restaurants I have enjoyed; as well as updates on my future books.

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