New X1 Credit Card – Should You Get It?

https://youtu.be/5wn0CJRc4OE

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What’s up guys, I’m on to do a quick pre review of this new credit card, I found the x one credit card, which the reason why it’s kind of exciting is because it’s made out of steel. And it gives us 4% cashback or points, which is pretty high for your general credit card. Normally the highest for just a general category is about 2%. Of course, there’s a lot of them out there that it will give you five or 4%. But that’s only on one category. I kind of like to simplify my life. And when I spend money on like my car insurance or large purchases that don’t really fit a grocery category, or like Office of my category, I want to be using these general cards. But yeah, let me show you this screen here. And we will walk through it.

So here’s the website, it’s at x1creditcard.com And it’s gonna check out the link below. But right now they’re doing it as a waitlist right now. So this thing hasn’t been launched. As you can see, it’s 17 grams of sheer stainless steel, what else could you want, if there was a annual fee, I wouldn’t be looking at this, you know, I try to stay away from any annual fees on anything, it’s To me, it’s just not worth it. It was even $1 20 bucks. But yeah, it’s your annual fee, it’s worth a shot, we’ve seen that there’s some higher limits here. I think the cool thing is like they’re, I mean, it’s pretty much as offering higher rewards 4%. And they’re doing this based on a word of mouth. And, to me, that’s how they’re able to insert paying out referrals, or all these affiliate commissions, which is very common in the credit card industry, they’re able to give it back to the customers and it comes in a cool box. But kind of did a quick, cursory review over this. And, you know, gonna be a roll out some high notes here. So it’s not released yet. And the nice thing is there’s no foreign transaction fees.

But to kind of go over the pros here, you know, virtual card numbers. So you can those guys can like to sign you up your stripe accounts or the subscription services. Or you can give them the big middle finger and you can change the virtual number at will based on probably an app or online for those you guys who are stuck in those gym memberships. I don’t know if it’s part of your subscription. But you know, it’s a way to fight back against that. Supposedly, there’s some hot, flexible, higher credit limits with this. And I don’t know how much more higher but see how that comes through. No annual fees, like I said, no foreign transaction fees, which is a big thing, then, of course the Forex risk rewards and to get that forex level Did you need to be able to refer a buddy to get that. If not, it goes down to three extra words, which I think is still pretty decent for general credit card you to be able to get that you need to hit $15,000 A spend per year for a lot of us in a simple passive cash flow nation that’s really not that far from us, fortunately, and if you don’t hit the $15,000 threshold, you hit you get to two X on air rewards there.

So here are the cons hot one. And I was kind of looking at this wasn’t really seen as like cash back it was more seen as like points. And I’m always like a little wary of points because points kind of go through like a Pachinko machine, kind of a set where you get these points, you got to get these gift cards and the gift cards are are kind of a pain to deal with. But we’ll see they say you know, just looking at the website here, we gain points that brands you love, you can use points to pay off your stuff. So it seems like it’s not going to be too difficult to use those points. And I think the biggest issue with this card is this is this card even going to happen there was a card earlier that was called the zero card that I think they finally stuck a fork in it earlier this year. And that is didn’t get enough traction. My understanding and they I don’t know zero card was the car but there was another card that those of you guys have seen them the documentary where they had the the fire festival that never happened. That guy also another one of his scam projects was one of these kind of cool credit cards. It was more of like a black, super high end credit card. And this cards more made for everybody.

But you know, in conclusion, I’m going to try it out. I’ll put the link in the webpage so you guys can help me get it quicker. That’s how you guys if I can get it, how it’s going. But you know, it may be not much better than my 2% double cash, Citi double cash card which I think everybody should have. I also do the Swiss Army Knife method where I have multiple cards that give me four to 5% in specific categories like I have an American Express blue for groceries at 6%. I have like another American Express simply cash I don’t think they have that card anymore. I think it’s something else these days but that gives me 5% of that office. And I have another one that you know gives me higher executive saver card or something gives me three or 4% at restaurants. The Costco wants pretty good too. I think now it’d be 3% at restaurants there and then travel through percent travel, but I’m going to give it a try.

And if you guys are into this type of stuff, maybe not the best return on your time but I find it very fun. Also trial tradeline hacking where you can put an authorized users onto your credit card I mean, I made about 10 grand in 2019 I’ll probably make just as much in 2020 go to simplepassivecashflow.com/tradelines. To learn more about that we have the full e course there. And if you guys want to learn more about this go to info page I have built on this card at simplepassivecashflow.com/x1card that’s /x1card you guys try this out. Let me know i’ll be posting into on that website. If I actually get the card and start playing around with it.

All Credit Cards

Lane’s Story – How an Engineer Achieved Escape Velocity

We work with hard working professionals looking to opt out of investments for the clueless. I mean mainstream investing, we work with people, we have a direct relationship while enjoying higher returns and a quicker path to financial freedom. I personally move my endorsement from turnkey rentals to syndications as my network has grown, however, the downside of many of these deals is that you need at least $50,000 to invest and the frequency of deals that meet my criteria is sporadic. Check out my article about passive cash flow calm slash fund and learn how I always have cash on hand by using the American Home preservation fund as part of this one two punch to be ready for a great deal while still making a double digit return. I’ve been investing in HP since 2016. HP is a crowdfunding solution to the mortgage crisis in America. We’re collectively the fund and investors like you pull their money together and get great bulk discounts and distressed mortgages. It’s a business model that I think gets stronger Should a bump in the economy come because this is where there will be even more distressed inventory for HP to purchase. The American Home preservation fund aims to keep people in their homes so you can make a 10% return while making a positive social impact. Invest in as low as $100 by going to HP servicing.com slash investors. And if you want the Free Bird zone book and learn about George Newberry story, please send me an email at Lane at simple passive, casual calm. This is a story about a dude named Lane he moved to the mainland and bought one place to stay. And then one day he went try to rent them out. And then he became one real investor May. Hello simple passive cash flow listeners. This is Episode 200. Now we’re not gonna have another drunken episode like Episode 100. But I still wanted to get you guys to know me a little bit better if you’ve been new to the podcast or listening from the start. Since I started this podcast in 2016, in the last a year and a half or so, our hooey deal pipeline club which if you want to join us go to simple passive cash flow calm slash club has raised over $30 million to go and acquire over a quarter billion dollars of real estate. We are currently in way over 3500 units. And we’ll see what we keep doing in the future. I think we’ll still pick up deals at cash flow and I think we’re pretty good and in the face of recession, to join us and join also our networking to go to simple passive cash flow calm slash club, and something I’m even more proud of is creating our community. A lot of us got together back in February what I call it the hooey three multi day I think it was three or four days of masterminding in Hawaii and we’ll probably do the same thing in 2021 probably Martin Luther King weekend. If you guys want to check out the highlight video To simple passive cash flow, calm slash hooey three and check that out, and I’m here I go read in my chapter. This is audible, the engineer who escaped the rat race and achieve escape velocity by Lane Kawaoka.

I walked the linear path for much of my life. raised as part of disappearing middle class program me to study hard in school, checking the boxes on extracurricular activities, cramming for the CTS and getting a high GPA to get into college, or to live a practical life. Growing up, we were told to waste nothing and turn off the lights every time you leave a room. I still feel guilty to order a soft drink at a restaurant as opposed to tap water. In college, while all their courts were playing frisbee in the quad, I was stuck in the basement of the industrial engineering lab. What why was I not playing in the sun because Google told mean, what the highest paid undergraduate professions were driving on autopilot for much of my early 20s. I went for a higher level master’s degree and tested to become professionally licensed as an engineer for the job security. Upon entering corporate America, I spent my first five years of my career working for a for profit private company as a construction supervisor, managing a bunch of entitled journeyman who were older than my parents. Facing the rigors of junior level employment. I played my role as a young guy traveling 100% of the time for my company, sacrificing quality of life as I navigated the operational clusters, toxic management and other backstabbing pawns in the company. I have a lot of scar tissue from the decade of working for the man, not to mention building someone else’s dream. You tell me how engaged you would be if meeting poke protocol was to sit next to your supervisor. And not speak unless directively instructed to or if you were asked to address a director to levels up by Mr. or Mrs. title. One day an internal company email went out notifying of a friend slash ex direct report who had died in a work accident. My boss was uncompassionate about the situation looking out for the big bad machine first, mostly his annual bonus and agenda. This really put things into perspective for me. As a corporate Road Warrior, it was novel being on a company expenses all the time and maxing out on airline and hotel points. But you can only have steak and lobster so many times. The only people who cared about my platinum status. Were the other suckers in first class who are working for the paycheck or it and acceptable quarterly review. Although I’m grateful that I had a well paid job post 2008 recession treated the most important resource time for money, the linear path and still delayed gratification, living below my means and an overall scarcity mentality of saving money instead of earning more, being more, I was in trance by the face of Wall Street marketing to blindly put money into a company sponsored 401k plan only to hope and pray that compound interest would carry me to a secure retirement. Let’s not even talk about the student loans I have. I knew where this path was going. I mean, I did the math, and it told me so this is my story of how I freed myself financially, how I took ownership of my life direction, and the series of events that allowed me to find my calling. Seeing the economic matrix, a steady diet of ramen noodles and a free birthday latte per year, made it possible in 2009 to purchase my own home too. Live in being a bachelor who has only home on the weekends, I realized that having this large home was a waste of money. I made the decision to rent it out and become a real real estate investor. You might be thinking that this was the big change. But at the time, it was simply a lot of beer money after collecting the rents and paying the mortgage. I don’t know if it was the beer or being loved drunk with cash flow, but I opted out of the linear path in my early 20s. From that point, I don’t know powered podcast books and other online forums on every keyword iteration of passive real estate investing, and a few hundred dollars a passive cash flow per home. The process was simple. Buy a rental property where the income exceeded the expenses in the mortgage, then rinse wash repeat. Like a space shuttle that accelerates through gravity and escapes the atmosphere in zero G. This was my way to financial freedom. Up to that point, the biggest breakthrough in my life. was discovering the mp3 format that compressed and played music digitally in my teens. Using this intellectual technology I progressed intentionally, to 11 rentals in 2016.

At that time, a few of my friends wondered why my ramen noodle dialog was being replaced by Starbucks coffee and yummy double bacon and egg breakfast sandwiches. They want a piece of the action to da It was about seven years later since the little red hen who did all the work by herself. As much as I liked helping people. I got tired of answering the same questions. So what does any other late Gen X millennial do but start a blog? Unfortunately, the words I write even if spelled correctly do not usually make proper statements in English. So I uploaded my simple passive casual podcast to iTunes where I could ramble and honestly talk about what I was going through as an investor. I began living markets consciously opting into more meaningful engagements with people and projects and searching for meaning and purpose. It was big. I was beginning to ask myself after sitting on the beach with my unlimited supply of pina coladas and time than what needless to say my motivation for working in a hostile work environment that I once tolerated dwindled, so I switched to work in the nonprofit public sector. I started to see the economic matrix where people essentially traded time for money and the rich let others build their dreams. being an introvert, I was paradoxically energized to see my audience grow. As I began in person meetings and online groups I sponsored. I provided hundreds of free coaching sessions to guide newbie investors. With my engineering background and a little bro science. I saw patterns arise in the stories from well paid professionals who were led into an unfulfilling life. On a line with their passions, abolitionists, Henry David Thoreau said, the mass of men lead lives of quiet desperation and go to the grave with the song still in and people do not have any time to look inwards and are consistently living with anxiety and self doubts because they are working like machines in order to meet their basic needs without the financial freedom to find their true passion. Why did so much hard work leads to financial scarcity and lack of fulfillment. This self searching group of hard working professionals searching for more, all had a common thread, a moment that pushed them over the edge and made them realize that the path they were on was unacceptable. These are some of the tipping points that I’ve gained from my many chats with investors. Seeing younger, less experienced workers get Red circled as future management and advance meant through the company Fast Track being fired to cover up shortcomings in a budget, internal theft by upper management and affair by a superior lead to bankruptcy of a startup company, affecting many innocent employees. Chronic drain of working with deadbeats getting lost in office politics of getting your objectives completed when they do not align with your boss’s objectives. A retirement party for co workers catered with crappy Chinese noodles due to the cost control when you don’t get the job because you don’t have enough gray hair when you don’t get the job because you have too much gray hair, being criticized for not being business devotee from those who live paycheck to paycheck themselves when you have a personal portfolio of a few hundred friends All units. That was me sending through LS meetings that should have been suffice with an email. circle jerk meetings where the boss’s dumb ideas are exalted by their minions. When your boss with no technical experience misuses terms like artificial intelligence, big data, machine learning and deep learning, being enslaved with the golden handcuffs, seen an ambulance come to the offense routinely during the layoffs season. Being around the negative w two work workers speak and adopting the prevailing victim mentality. The Road Warrior gets in early quit on Friday Friday morning to see the spouse at home with the poor boy watching your friends receive the Seiko stainless steel watch retirement

if you found a calling and something you’re good at and truly love doing good for you. Keep doing what you’re doing and consider yourself lucky. If you relate to any of the moments above read on the one idea. My online journal, my podcast resulted in the many emails of gratitude and acknowledgement because that was empowering people with the How to and inspiring them to take the leap of faith to change your financial life forever. I suspect that most effective part of my message was showing people that if me, a little awkward engineer could do it. How bad could it be? I started uploading my peer group and through osmosis This brought me to a Tony Robbins event I literally walked on burning coals. There were a multitude of top down and bottom techniques Tony Robbins spoke about during the intensive four day event. One of the lessons was things happen for a reason. And boy was I glad I did not leave to use the restroom when he outlined the six human needs. Number one growth to contract bution three significance for uncertainty, five, certainty and six love and connection. He was the game changing moment. Tony Robbins said the most important thing is contribution because the secret to living is giving. If you catch on to that, you realize that there’s nothing you can get that comes close to what you can give. Life is calling all of us to be more than just about ourselves. And that is when we get that spiritual hit. Apparently Mr. Robbins did not endorse the mission of sitting on the beach with unlimited supply of pina coladas and taking food porn pictures, while gallivanting the world as a tourist, like many of these other financial independent guys out there, nor did he support playing it safe with a bunch of passive investments. Later that Easter, I was baptized and the message was to go forth and help others. Then another of my mentors realized They legend Robert Helms said, when you are successful, you have an obligation to send the elevator back down.

I made it to my penthouse, and now

this elevator, I’m going to send back down to help other folks. We all have a finite time on Earth, an empty canvas to create a legacy. This is one my shot. opting out of the linear path was not about getting financially free and safe sailing off into the sunset, but it was about standing up for change and creating the greatest impact. The fan mail all followed a common thread of pain, many hard working professionals who are busting their butt on the linear path, or being misled down a comfortable life of unfulfillment. Many of them are enslaved by the golden handcuffs, running in the hamster wheel of the day job working for somebody else. Some like doctors, lawyers dentists, accountants and engineers make more money to get the big house and nice car. But in the end, they are just a bigger hamster. dogma of Wall Street. Buy and pray method is a cover up to insidiously steal investment returns from people who are doing all the work. Life is a three phase screwjob. Phase One, you enter the workforce with the worst jobs and the lowest pay. Time is abundant. Phase Two, when marriage and kids enter the picture, and alien grandparents too. This is the time when one should be excelling at their time consuming career. Money is abundant. Phase Three your teenage kids hate your guts and your health starts to fail. Time is abundant. The next chapter My mission is to teach empower good people to realize the powerful wealth building effects of real estate So they can spend their time on more important ventures and passions instead of working long hours and worrying about their financial troubles. In real estate, we use leverage and by teaching others, I’m leveraging other people to achieve their financial goals in hopes that they will to send the elevator back down for the next person. Simple passive cash flow calm seeks to educate those looking for diversification, and better returns outside the traditional investments such as mutual funds and stocks. This is part of a large effort to redirect billions of dollars going to the corrupt Wall Street rollercoaster, and help the shrinking middle class find safer and more profitable investments in projects that benefit Main Street, such as affordable workforce housing rather than luxury housing for the rich. The true meaning of wealth is having the freedom to do what you want, when you want and with whom you want. Building cash flow via real estate is the simple part. The difficult part occurs after you are financially free to find your calling and fulfillment. But that’s a great problem to have. And if you guys haven’t yet please book a call with me I’d like to get to know all my investors personally and if you’ve been listening to this podcast for a while we’ve never connected shoot me an email at Lane at simple passive cash flow and I’d like to hear from you.

Aloha this website

offers very general information concerning real estate for investment purposes every investor situation is unique always seek the services of licensed third party appraisers inspectors to verify the value and condition of any property you intend to purchase. Use the services of professional title and escrow companies and licensed tax investment and or legal advisor before relying on any information contained here and information is not guarantee as an every investment there is risk. The content found here is just my opinion and things change and I reserve the right to change my mind above all else. Do Your own analysis and think for yourself because in the end, you’re the only person who is going to look out for your best interests.

Eligible for a PAYROLL PROTECTION LOAN?

Get the full guide here.

Here’s one of the new programs with the cares act. This is you guys can go to sba.gov funding boss programs. So these apply to if you’re a gig worker, gig economy and 99 worker, a one person business independent contractor, you hire self employed, essentially, you’re eligible for a payroll protection loan as long as you have a business with less than 500 employees. So you might be a W two working professional and have a real estate portfolio. And I think you still might this might apply to you. I’m working with some consultants who’s going to pretty much do all the paperwork for you guys, and make sure they do it right. And if you guys don’t get paid your $10,000 grant, which is penalty free, tax free, interest free, they won’t charge you anything. So if you guys are interested in matchmaking online, it’s simple passive cash flow. But if not, you should be able to go to this website sba.gov. And Hi there.

#LaneHack – Apple iPhone or iPad instant notes

Capturing notes or ideas has been so difficult on the fly. I have even tried third part apps like http://captio.co/

Try this #LaneHack out!

Doing this process you will be able to enable the quick Notes icon to your iPhone or iPad’s Control Center so you won’t even have to fuss with unlocking your device in order to scribble down a quick thought. You can set your device to automatically pull up the last note you were working on, if you’d rather edit a larger, running list than create a new note each time you tap the button.

To get started, tap on your Settings app and pull up the Control Center. Tap on Customize Controls, scroll down a bit, and tap on the plus sign next to Notes to add it to your Control Center.

Next, you’ll want to stay in your Settings app, but head back to the primary screen and scroll down until you see the Notes app. Tap on that to access its settings. Scroll down until you see the option to “Access Notes from Lock Screen,” and tap on that.

From there, you’ll get one of two options to pick from. Choose wisely:

Also, note that you get a number of specific options to adjust if you select “Resume Last Note,” including how long your device should wait before creating a brand-new note—an important security feature, in case someone gets their hands on your device.

Once you’ve finished setting up the Notes app, you’ll now be able to swipe down from the upper-right corner of your iPhone or iPad—whether it’s locked or not—and tap the Notes icon to begin writing down your thoughts. The interface is the exact same as Apple’s regular Notes app with one small modification: You won’t be able to access the rest of your iPhone or iPad’s notes unless you authenticate into your device.

If you’re on an iPad and you happen to have an Apple Pencil, you can also activate your screen and tap twice with the Pencil to automatically pull up Instant Notes—no Control Center shortcut required

Where can I find off market properties?

Affiliate relationships with local realtors
Reach out to top insurance agents if they know large apartment owners looking to sell
Utilize relationships with regional banks for deals that fell out of contract
Affiliate relationships with local PM companies
Team up with other syndicators/investors
Contact organizers of local REIAs
Search BP for multifamily investors in specific area. Leverage their warm industry contacts.
Reach out to operators in groups like Michael Blank’s Slack group
Database of brokers or deals
Find investors locally
Find investors on the internet
Turnkey providers – to network with deal people
vendors
Find deals
Network with wholesalers
Talk to brokers
Talk to apartment owners
Brainstorm fundraiser sources
Church
Sports club
Professional organizations
Non-profit
neighborhood association
Military
Healthcare
Government agency
Family
Fraternal org
Culture org
Main Street/small business
Trade organization
Insurance companies
Faith-based companies
Support groups
Social service agency
Schools colleges
Large companies
BiggerPockets
Property management
Rehabbers
General broker blast
Apartment owners

The “Talk” with your parents

Its reality (and a little morbid) that your parents are aging you be one of the main caregivers. If you reading this they you understand the saying “sandwich generation” squished between taking care of kids, a demanding career, and aging parents.

I have had calls with investors who have had their parents give a greatly appreciated property before death (losing all the step up basis tax advantages) or give an asset to only to have a person get injured at the property and now everyone in the family is on the hook for the lawsuit.

How can we plan for this proactively and strategically without falling victim to traditional methods (taxes and a commission based financial planners).

Its definitely and emotional time with a money on the line… like wedding planning… yikes!

Taking Status

Although you came from the same DNA strain and upbringing you will be surprised on what is behind the financial status of our parents. Going in with a non judgmental mindset enables you get the truth and arrange a mutual plan.

Start by gathering the following:

Bank statements
Investment portfolios
Passwords associated with these accounts
Safe deposit boxes
Outstanding loans

We have all coaching clients download and complete this personal financial sheet which help facilitate conversations.

It’s not as simple as die with less than $22 million in assets. We can help with our Family Office consultation to navigate the complex situations of designing a game plan.

Where are we?

See where the money is coming and going. Inventory current bills and whether or not those are being paid on time.

Run credit reports with Equifax, Experian, and TransUnion. Be kind when understanding that your parents will have the traditional mindset to debt than you.

Inventory social security, retirement accounts, real estate, and cash.

Medical

Inventory medical history and any current medications they’ve been prescribed. Automate appointments and get involved with the relationship with their health provider.

You may consider the power of attorney (POA) should they become incapacitated. Even if they are in good health you should have a trust setup. Let us know and we can refer you to someone we trust. A will is not acceptable because it will go into probate.

A will is not acceptable. Get a trust setup to avoid probate and giving up 2-10% of the estate value to lawyers. Smart lawyers who create wills for you know its guaranteed work for them ($$$) in the future.

Familiarize yourself with long-term care which is designed to help pay for chronic diseases and disabilities. The money can be used for medical to non-medical activities like bathing, eating, and dressing, assisted living options as we will discuss below, as well as skilled care by nurses or other professionals.

Not to scare you or feed into a insurance broker’s ploy but:

The department of health and human services says that those who are age 65 today has a ~70% chance of needing some type of long-term care services. And those aged 55-60, only 5% of them have long-term care coverage. The cost of coverage can be $2000-3000 per year.

Based on Social Security Administration info, the average lifespan of a man who has reached 65 is around 84 and for a woman who’s reached 65 is almost 87.

Assisted living options

We all know about investing in assisting living deals but now we are the customers.

Learn your parents’ wishes regarding the type of care facility they would prefer based on their (and your) financial situation.

Would they want to live with others while they still can get around or would they rather live in their current home until they break their hip and can barely use the restroom themselves?

Check their insurance coverage and what the government will and won’t pay for relative to Medicare benefits. Here is where it would require a tax/legal professional (not your typical tax guy) to advise you how to equity strip your parents to quality for the most coverage while gifting off as much assets as you can.

Clients who engage in our family office and coaching clients may reach out for assistance with these issues and get setup with our best advisors.

Accessory Dwelling Unit (ADU) Option

You parents might be find going to an assisted living facility or “old people home,” however they may not have the funds to do that or you may prefer to have them nearby…

… but not too close.

One solution maybe constructing an Accessory Dwelling Unit (ADU) on your current property. One advantage to this is that you can have free childcare in the backyard and forge a stronger relationship between your kids and their grandparents 😁

Hacking your HSA / FSA / Flex Spending accounts

Paying ~2% fees per year on my Health Saving Account driving me crazy that I withdraw it and invest cash.

I’m going to start out by saying please do not take this as legal/tax advice!

One rule I follow is “pigs get fat but hogs get slaughtered.”

But if there is a tax code or loophole within reason/ethical good faith you should exploit it as much as possible.

In 2017, I purchased a half acre in a turnkey Coffee farm in Panama in my Health Savings Account (HSA) for about $15,000.

HSA’s are truly awesome! You add money to an account tax-free (like a pre-tax 401k), don’t get taxed on the gains (like any retirement account), and you don’t have to pay taxes when you use it on Eligible Health Expenses (like a RothIRA).

You need a High Deductible health plan to be eligible for an HST. I’m going to get a little political here… health costs are on the rise because it bails people out for not being accountable (good diet, sleeping habits, stress, and exercise program). The company famous for the yellow Twinky bars cited rising health cost as their reason for going bankrupt… go figure.

You WILL have health expenses, MAY have retirement expense… in other words, you will likely die and have health expenses before you retire. So it makes sense to fund an HSA account before any 401K, Roth IRA, IRA, etc.

Here is some information for your entertainment purposes to see what you can start to use your HSA for:

USA Today article

More resources

Getting a doctor to sign off on your medical purchase as necessary will need a template:

Sample Letter of Medical Necessity for Hyperhidrosis Treatment

[Date]
[Insurer name]
Attn: [Name of individual]
[Address]

re: [Patient name]
[Policy number]

Dear [Insurer name]:

I am writing on behalf of [Patient name] to document the medical necessity of [insert treatment option here] for the treatment of hyperhidrosis. This letter provides information about the patient’s medical history and diagnosis and a statement summarizing my treatment rationale.

Hyperhidrosis, or excessive sweating, is a medical condition that can have a devastating effect on a patient’s quality of life, causing physical discomfort, secondary skin problems, social/emotional sequelae such as anxiety and depression, and disruption of occupational and daily activities. This has certainly been true for [Patient name], who has been impacted by hyperhidrosis for [insert duration of symptoms here]. Specifically, [he or she] has had difficulties with [insert quality-of-life, social/emotional and/or career/daily living problems here].

[Discuss patient’s diagnosis, treatment history, and degree of illness]

[Insert patient’s name] has tried the aforementioned therapies thus far without success and I, therefore, recommend [insert treatment option here] as the next logical choice for treating [his or her] hyperhidrosis.

In light of this clinical information, and this patient’s condition, [insert treatment option here] is medically necessary and warrants coverage. Please contact me at [(000) 000- 0000] if you require additional information.

Sincerely,
[Physician’s name]

Here is what I put together to get massages for stress from dealing with SPC listeners who don’t listen to the podcasts before booking a call or people who don’t take action:

[2018.11.8]
[Insurer name]
Attn: [Lane Kawaoka’s HSA servicer]
[Address]

re: [Lane Kawaoka]
[Policy number]

Dear [Insurer name]:

I am writing on behalf of Lane Kawaoka to document the medical necessity of massage for the treatment of mental stress and muscular discomfort. This letter provides information about the patient’s medical history and diagnosis and a statement summarizing my treatment rationale.

“Mental stress and muscular discomfort”, is a medical condition that can have an effect on a patient’s quality of life, causing physical discomfort, secondary skin problems, social/ emotional sequelae such as anxiety and depression, and disruption of occupational and daily activities. Specifically, he has had difficulties with discomfort performing his duties at work and exercise routine [insert quality-of-life, social/emotional and/or career/daily living problems here].

[Discuss the patient’s diagnosis, treatment history, and degree of illness]

Lane Kawaoka came into the office in early 2018 where we ran a cardiovascular and blood assessment.

Lane Kawaoka has tried the aforementioned therapies thus far without success and I, therefore, recommend massage as the next logical choice for treating him.

In light of this clinical information, and this patient’s condition, massage is medically necessary and warrants coverage. Please contact me at [(000) 000-0000] if you require additional information.

Sincerely,
[Physician’s name]

Sample Inspection report

I would say this is a bad report because it’s not Prescriptive. It is very important to have a chat with your inspector so they know it’s not going to be a warm and fuzzy home to live in but a rental property. They will need to avoid citing nitpicky things because the seller is likely another investor and more sophisticated than a regular homeowner and will call BS at your repair requests.

This is where an hour of coaching will go a long way to maximize what you get at the negotiation table.

Now back to SimplePassiveCashflow.com/turnkey

125 – Living the FI dream abroad with Jeremy Jacobson from Go Curry Cracker

YouTube Link: https://youtu.be/3NQ0agjuxXY? sub_confirmation 1

Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer

For a free electronic version of my bestselling book in 12+ categories text the word “”ebook”” to 587-317-6099.

Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347

Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club

Pardon the grammar – I’m an Engeneer, Enginere, Engenere… I’m good with math!

________Here are the Show Notes________

Went on normal path. Got a job after college, house, and fixated on paying off student loans.

Aggressively paid down student loans, but motivated by people who retired early.

5 years ago, both quit their jobs, traveling, raising family, and living their dream.

Ruthlessly slashed expenses and saved 70-80% after-tax income.

Max contributed to 401K, IRA, HSA, and after-tax accounts.

Short-term joy = trading years of financial-free opportunity.

Actively chose lifestyle. Traveled internationally by arbitraging where they lived with low living expenses.

Didn’t listen to mainstream advice of owning home. Choosing a renters lifestyle to not get “”stuck.””

Both have blogs and garnered new friendships; not the “”Seattle Chill.””

Finances on auto-pilot. Can work on growing family in Taipei and doing creative things they did during childhood.

Two types of things preventing people from being financially-free: Afraid to take leap to be financial-free and long-term goals to strive towards.

People don’t change minds because you provided info to them; they change when they’re ready.

Visit www.gocurrycracker.com and social media accounts on FB, Instagram.

Downgrading transportation

I recently was involved in a car accident where my car got totaled (I’m 100% fine which is why you buy Mercedes) but I’m a bit at the crossroads now.

Should I get a…???
A) Bike with Electric Assist
b) road bike (maybe not like this one but definitely no spandex)
C) Electric unicycle

Important notes:
1) My daily commute is under a couple miles
2) I live in Hawaii the weather is perfect
3) I need to interject more activity and vitamin D. I’m getting fat because there is too much good food here.
4) If I need to go somewhere for fun I feel the time savings I would get by Ubering and getting work done will be a huge improvement#time>money – Here is my discussion on trading money for time.
5) I am not a good driver, to begin with, lol

This is my latest experiment to try and go with a combination of an electric bike for my normal commute and Uber (maybe even get the American Express perk card so I can get VIP Uber status). I figure I can always go and get my Ford Raptor if this experiment fails.

I know what a lot of people might be thinking. Oh, another millennial with this own nothing mentality. First off I’m a late Gen X’er (I just look like I’m 20 years old) and secondly my hourly rate these days makes driving a car a little dumb. I’m not really a saver like Mister Money Mustache (most famous financial blogger with 30M subscribers) but seem to be following in his footsteps.

I see a bunch of people strive for a gazzlion apartment units I have been trying to step back and ponder why??? This video captures how I am feeling.

For people going after said gazzlion apartments… cool, but a little weird to me personally. When does the madness end? What is the end game or is it just ego and a big pissing contest – cause I imagine those are a little messy.

Off the soapbox.

Here is what I plan on getting for Costco – the greatest store on the planet with the greatest return policy.

I already bought a helmet, Osprey bag, and this model below. Maybe I can even charge this at work 😉

In 2009 I as a young 20-something year old I bought an A class rental and it has been a series of lesser and lesser quality and size of housing arrangements. But is that really important?

I always wanted a Mercedes and got one a couple years ago (with a $500 payment that AHP pays for). But in the past few months, I noticed I was kinda over it. So it was interesting this turn of events happened. As Tony Robbins says “Things happen for you not to you.”

Freedom (FI) is really what’s important to me the most. Not shiny objects or looking cool in front of people you don’t care about (who are going to work at jobs they don’t like).

An excerpt from Kyle Wilson:

Great Lesson From Jim Rohn

In my earliest days as a seminar promoter (prior to launching Jim Rohn International in 1993) I was promoting an event in Dallas. I had booked Jim Rohn for a day long event starting at 10 am and going till 4 pm.

Typically I would arrive around 6:30 am to make sure the stage, room and tables were all set-up correctly and then my team and I would set-up product tables and get everything ready for when attendees arrived. Often people would start to to show up as early as 1-2 hours before the start time.

Well, for this event I was in for the shock of my life. I arrived at the meeting room to find it packed full of people eating a buffet style breakfast! Another event in MY meeting room! What??

I instantly went into panic mode. When I found my event coordinator they assured me everything was okay since that meeting would end by 9 and they could do a quick turnaround by 10.

Well that’s NOT how it works. It takes hours to set-up the room and tables/products plus we would already have guests showing up before the current meeting was even over.

I went into solution mode and asked if they could give us another room. Answer: no – they were booked solid (one of the reasons they tried to sneak this other event in).

Now I’m beyond upset and panicked. My first thoughts were all the expectations of those who had purchased tickets and their busy schedules. And I have to be honest and admit that I then started thinking about all the refunds that were going to happen as a result.Then it escalated to me worrying how all this would reflect upon me with not only the attendees but also the man I had booked to speak, my future mentor and business collaborator, Jim Rohn.

All attempts to find a solution, a fix were exhausted. Now what I faced was how to best communicate this to the folks showing up and how to tell Jim.

Around 8:30 am Jim came strolling down to check in before going to breakfast. I braced myself to share the really bad news.

I humbly and embarrassingly told him I had somehow dropped the ball and allowed the hotel to overlap us with another event. I explained at best we would be able to start at 11 and sheepishly would need to explain what was going on with attendees and ask them to wait.

I’ll never forget this next moment for the rest of my life. After sharing the bad news and making it clear we were out of options, Jim just calmly looked at me and said, “Kyle it will be okay. It’s not like a good friend died. Now that would be a problem. This is just an inconvenience and I will make it up to them by going longer and making it my all-time, best seminar.” WOW!!

What a paradigm shift! And what an incredible life lesson for me to learn from my future mentor. “It’s not like a good friend just died!” How many times have I since used that line and the real meaning behind it to put into perspective when things don’t go the way I planned or intended.

I will always be grateful for all the remarkable lessons and wisdom Jim passed on to me beginning with the first time I promoted him in 1990, then starting Jim Rohn International in 1993 and up until his passing in 2009.

This lesson in particular, maybe because it was so early in our relationship, has special meaning and memories and appreciation for my mentor and friend, Jim Rohn.