Archive
You need to know where you are This week I went to help a friend at his house in Blue Ridge. And let me say this, there are a lot of winding roads out there. Don’t get me wrong, it’s beautiful. But if you don’t know your way around, you could end up in a ditch or something worse like hanging off the side of the mountain. After our visit, I headed home. But I asked if there was a better...
A Landlords Tale ‘Twas the night before Thanksgiving and all through the house, Not a creature was stirring, not even a mouse. Now you know that’s not true, cause children of four have we, And there’s nary a moment of silence, especially in the evening. At 8 o’clock my daughter was baking cookies for the next day’s feast, And the two littles were roaming the halls making sounds of some...
Stop digging Have you ever heard the old adage “If you find yourself in a hole, stop digging?” Well, that’s great advice, especially for real estate investors because if you are in this business any length of time there’s a good possibility you’ll find yourself looking up from hole. So what do you do about it? That was a question I got asked this week from a Zoom panel in which I...
Camp Yahweh Did you know that there is a ton about real estate, and even real estate investing, written in the Bible? There sure is. For instance: The oldest recorded deed that I’m aware of is found in the Bible. Now I wrote to you about this a long time ago. As a matter of fact, it was in 2016. So just to remind you, the column was titled “The oldest recorded deed” and it was based on...
Should we keep it or kill it? How would you like to go over a real-life deal we are working on today? Would that be beneficial? Actually, you might even be able to help me with it. Because we are having a hard time deciding if we should keep it or kill it. I get the idea of “keeping it” versus “killing it” from Aesop’s Fable about the Goose and the Golden Egg. And if you aren’t familiar...