Patrick Francie
👤 PersonAppearances Over Time
Podcast Appearances
He says, that's a great question. He goes, that's a really great question. I should ask myself that more often, but he's, you know, he's certainly got lots of money and it's not like he can't, you know, it's, it's not a case of, I can't afford 200 grand. He's not going to go into debt for it. That's for sure.
He says, that's a great question. He goes, that's a really great question. I should ask myself that more often, but he's, you know, he's certainly got lots of money and it's not like he can't, you know, it's, it's not a case of, I can't afford 200 grand. He's not going to go into debt for it. That's for sure.
But the point of it is, is that sometimes we make these decisions and you know, when you really think about it. So at this point in my life, as I said, I'll be 67 shortly when I reflect and I worried too much about buying stuff and I worried too much about what somebody might think.
But the point of it is, is that sometimes we make these decisions and you know, when you really think about it. So at this point in my life, as I said, I'll be 67 shortly when I reflect and I worried too much about buying stuff and I worried too much about what somebody might think.
And if I was giving any guidance, if I was a mentor to anybody, that's the question I would often ask them before they made a purchase of anything that they didn't need, that didn't have a actual application. You know, are you going to get a return on the investment? That's how I look at it. Yeah.
And if I was giving any guidance, if I was a mentor to anybody, that's the question I would often ask them before they made a purchase of anything that they didn't need, that didn't have a actual application. You know, are you going to get a return on the investment? That's how I look at it. Yeah.
emotional fun i guess the best word for me is fun experience like memories that matter because really in the end that's all we've got well i think there's a there's a fundamental around that and yes at the end of the day you know it's always about relationship when you create that financial kind of wherewithal to have and to create those memories for others there's another part of it which drives you which is just your desire to
emotional fun i guess the best word for me is fun experience like memories that matter because really in the end that's all we've got well i think there's a there's a fundamental around that and yes at the end of the day you know it's always about relationship when you create that financial kind of wherewithal to have and to create those memories for others there's another part of it which drives you which is just your desire to
not only have fun and create memories but to be a contribution because many of the people that are at your party could never have that could never do that and and or you know this is about your ability to be a contribution to share in the experience with others that you want to have relationship with and and that's that's creating memories that's not even buying stuff although
not only have fun and create memories but to be a contribution because many of the people that are at your party could never have that could never do that and and or you know this is about your ability to be a contribution to share in the experience with others that you want to have relationship with and and that's that's creating memories that's not even buying stuff although
It can be an expensive party. You know, you're not, it's not about buying this stuff. It's about creating the environment to have a ton of fun and create many memories, build relationship. And I mean, there's nothing more valuable than that.
It can be an expensive party. You know, you're not, it's not about buying this stuff. It's about creating the environment to have a ton of fun and create many memories, build relationship. And I mean, there's nothing more valuable than that.
Yeah. It's either an appreciating asset or a depreciating asset or a depreciating cost.
Yeah. It's either an appreciating asset or a depreciating asset or a depreciating cost.
To newer investors, there's always another deal. you know, is don't chase it. And, you know, if you do your homework, do your diligence, don't get caught in your ego. There's always another real estate deal. But this is such a great deal. Yeah. Okay. Well, it's not that great and it's going to stretch you and you're not ready for it. There'll be another deal.
To newer investors, there's always another deal. you know, is don't chase it. And, you know, if you do your homework, do your diligence, don't get caught in your ego. There's always another real estate deal. But this is such a great deal. Yeah. Okay. Well, it's not that great and it's going to stretch you and you're not ready for it. There'll be another deal.
So, you know, depending on I'm often there because they're chasing it rather than really stepping back, they're buying it or investing in it for the wrong reasons. So that's from a, from an investment point of view, does this really support the outcome that you're looking to achieve? And if you're having to force the river, yeah, you're probably better to walk away.
So, you know, depending on I'm often there because they're chasing it rather than really stepping back, they're buying it or investing in it for the wrong reasons. So that's from a, from an investment point of view, does this really support the outcome that you're looking to achieve? And if you're having to force the river, yeah, you're probably better to walk away.
There'll always be another real estate deal.
There'll always be another real estate deal.