Archive
I Am: I’d like to invite you into a night ritual my three year-old daughter and I share most evenings in her room. I lay her on my chest while we sing songs and pray. Before I lay her down, I ask her: “Are you beautiful? Are you funny? Are you strong? Are you fast? Are you smart? Are you a princess of Yahweh?” With her head on my chest, she’ll sweetly and...
Can you make creative offers with a realtor? You certainly can. Agents will present any and all written offers to their clients. Just make sure you realize this doesn’t make the seller’s agent your agent, however. At the end of the day, the seller has a relationship with their agent. They trust their agent and have hired them to council them as to what is in their best interest....
Speak splain: I think Ricky Ricardo once told Lucy to “speak splain English.” As an investor, you should listen to Ricky’s words of wisdom. It’s often too easy for us to switch from speaking English to the other language we speak- legalese. By definition, legalese is the formal and technical language of legal documents that is often hard to understand. It’s the language we speak...
Does a refi make cents? I got a call recently from an investor named Brad that had a conundrum. He was looking at refinancing a mortgage from a 30-year fixed ARM (adjustable rate mortgage) to a 15-year fixed mortgage. A fixed adjustable rate mortgage sounds like an oxymoron. They work like this- for the first five to ten years the rate is fixed. After that, it can adjust...
A/C Repair Yields Over 31 Percent: Financial calculators aren’t normally a hot topic, even in real estate circles, but I took the opportunity to attend an information session on the subject sometime ago, and I haven’t regretted it. The instructor’s name was Gary Johnston, and the night of the session, he forever changed the way I look at investments by introducing me to the...