Heartland Investment Partners - May 2020

LISM

S OF MINIMA

THE BENEFIT

A PERFECT LIFESTYLE FOR SENIORS

As we get older, we tend to hang on to mementos that brought some type of meaning to our lives, even after time has diminished their value. Though we may be emotionally attached, this clutter can eventually overwhelm us, especially as seniors. If you find yourself drowning in items you no longer need or want, consider a minimalist lifestyle to free up your space — and your mind. MINIMALISM Before taking on a minimalist lifestyle, it’s important to understand what it entails. When someone hears the word “minimalism,” they might think it means getting rid of their possessions one by one, but that’s not entirely true. Instead, minimalist living focuses on having less clutter in our lives but still keeping the things we truly value and enjoy. The idea is to get rid of things we no longer use or need. MINIMALIST LIVING To embark on a minimalist lifestyle, focus more on the present and consider the value your personal belongings have in your life now . Sorting through hundreds of items with thousands of memories is a daunting task, so it is best to start by removing things that might not require emotional or physical strain, like old magazines, broken items, or clutter in the junk drawer. Once you’ve taken this first step, move on to something bigger. Soon, you’ll find yourself making steady and rewarding progress throughout the rest of your home.

In the process, pay attention to what you want to keep. Carefully select which objects mean the most to you and which ones are still useful. These are the belongings you should surround yourself with. THE BENEFIT OF MINIMALISM Minimalism will help you feel more comfortable in your home and open up other possibilities. You will have more room to invite guests and family over, and you’ll have a sense of space and freedom. Additionally, this lifestyle can also help with your finances. You’ll be less tempted

to buy what you don’t need, and you may even rearrange spending priorities or downsize your living space (less rent!). If you surround yourself with meaningful and useful items, you will feel more at peace. Ultimately, minimalism encourages us to free ourselves from the many things that own us as much as we own them. Don’t allow accumulated objects to clutter up your home and life. Take the leap and start living a carefree, minimalist lifestyle.

M DARIN:

A STORY FRO

TAX ASSESSO R

Y WITH THE

MY OSCAR DA

he was wrong — by hundreds of thousands of dollars! And though I was shocked, he didn’t stand a chance. The best acting job is no match for preparation, a great understanding of multifamily values, and tons of experience. Being right doesn’t hurt, either. The only reason I’m bringing this up is because this court is one more thing YOU don’t have to do when you’re one of my partner investors and/ or multifamily investment clients. You can sit at home watching Oscars reruns and looking over a report that shows the thousands of dollars I saved you in property taxes, the thousands of dollars PER MONTH I added to your property income, and the tens of thousands (in some cases HUNDREDS of thousands) of dollars I added to your property valuations. You can do all of this while I’m prepping for my performance in tax court to protect YOUR investments from whack-job folks like the Malek wannabe. Plus, like a true actor practicing

the craft, I’m relentlessly looking for the best financing, best insurance, best maintenance companies, and best appreciation and cash- flow strategies to protect and grow our mutual investments. Frankly, Hollywood glitter is like the stock market: No matter how much FUN it appears to be for the stars on Oscar night, it glosses over the hell of casting calls, rejections, and 14-hour days that are the bread and butter of rank-and-file actors and actresses. Serious investing trumps glitter every time. And as I’ve said before, if you’ve been hemming and hawing, wondering whether there will be a better time, you should ask yourself seriously: IF NOT NOW ... WHEN? Call 319-350-5378 or send me an email at darin@heartlandinvestmentpartners.com for details on your personal multifamily expansion and investments. We deliver unusual returns to our clients, whether they’re investing or selling (without the Hollywood glitter).

As I walked into the living room at home the other day, I found my daughter watching a recording of the Oscars held last February. Something about it reminded me of being in “tax court” just a few days before. Of course, MY performance wasn’t anything like best actor Rami Malek in “Bohemian Rhapsody,” but Malek couldn’t hold a candle to the guy I was up against, at least not in our feature, “Protest Your Property’s Tax Value Tax Court.” This type of court is held when you are sure a tax assessor has overvalued your multifamily property in a big, big way. And boy, the assessor sure overvalued a handful of not only our properties, but our clients’ properties as well. The guy I was up against SHOULD have won an Oscar because he did a bang-up acting job describing and justifying the value the tax assessor put on the properties. He spent 30 minutes “elaborating” on the property’s values. The problem is that

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