Hindsight is, as they say, 20/20. IF ONLY I could go back to 2006, cash in all my properties, and use the money to short Fannie Mae stock. Sigh. But daydreaming that you could have had foreknowledge of something as earth-shattering as the real estate crash is one thing; continuing to act in ways that…
If you don’t understand what’s funny about this line of thought, look again, because you may have the same problem. The investor is so focused on what the INVESTOR wants that he apparently hasn’t even bothered to find out what the SELLER’S story is. In fact, it’s a BIG PROBLEM when we get so focused…
But I think that for almost everyone, there are 2 sets of priorities in life: the things you HAVE to do (go to work, clean the house, pet the dog, pet the husband, etc) and the things you don’t have to do, but which bring much greater long-term rewards (flip enough deals to quit the…
You and I both know that you aren’t gonna be reading and digesting a long business article at this time of year, so we’ll keep it light this week. Don’t ask me why, but I have, over the years, accumulated an enormous amount of real estate poetry. The muse usually strikes me around Christmas time,…
It’s becoming hard to ignore my own brilliance. Yep, apparently I’m some kind of super-genius, blessed with a rare real estate gene that you just weren’t born with. It would be a lot easier to be humble if I weren’t constantly being told things like: “Well, when I hear YOU say it, it sounds obvious…