Archive
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...
Yo… Flippin Ain’t Easy: Flipping is one of the first things people think of when they consider getting into real estate investing- “flipping” being the process of buying a house for below market price, fixing it up and selling it to make a BIG chunk of money. Shows like “Flip or Flop” on HGTV, make flipping look like a piece of cake. The truth is it’s a tough job. ...
What if I fall? The other day I was building a pole barn with a buddy of mine. In case you don’t know, a pole barn is a roof on stilts. It may or may not have a loft, but it defiantly won’t have sides. You use them to park an RV or store tractors and other farm equipment. The one we were working on was pretty big. It measured 36 by 40 feet. It was about 22 feet to the ground from the...
Make an offer! Pete Fortunato tells a great story about an offer he made. He looked at the house, ran the numbers and gave the homeowner a written offer at a price he could afford. The homeowner reviewed it and said, “I can’t believe you would make me an offer like this. It just offends me.” Pete’s response is what’s so epic. He asked the guy if the house had indeed been on...
Yohanan’s Might: We learned late last Thursday evening that something terrible had happened in our community. A family in our congregation had lost a child. Their 18-month-old son, Obadiah Dillard, had died due to an accidental drowning. Obadiah was the fifth of six children born in the Dillard house. As I lay down Thursday night, I wondered what could be done to help. It dawned on...