Reese here again, earlier this month I posted about the apartment building I was buying in Dekalb County, Georgia. Everything is going nicely and the closing is scheduled for August 9, 2008. I am very excited.
With Tim’s help, I lined up a great manager to watch over the property and I am lookinge very forward [...]
Yeah, okay, so on the surface it does seem rather petty of me to be concerned about this.
But, it is part of the reason the real estate investing community is looked down upon.
This morning I saw this title, “Need to Sale Fast?” on a forum. No, it was not an inadvertent confusion of the fingers. [...]
Continue reading about I Am So Tired Of Seeing “Sale” When They Mean “Sell”!
This really is significant. This is the biggest drop in a number of years. The prices are testing a key support number, $129 a barrel. If it breaks down below $129 and then below $125 a barrel, we are likely to see prices in the $115 to $120 a barrel sometime next week.
A month ago [...]
I was talking on the phone with an old friend I had not heard from since I left Seattle Washington over 20 years ago. They found me through this blog, so I know they will read this. But, to them it is mostly a repeat of our conversation.
After some small talk, they asked me how [...]
Continue reading about Actually, I Don’t Want Coaching to be my Job.
It has been a month since I last posted here, but it has been a busy month!
In my earlier posts Tim asked me to stay vague about the type of properties I was looking at and I did as he asked.
Now, I am very close to getting a signed purchase contract for an 18 unit [...]
Continue reading about With Tim’s help, I am negotiating my first purchase.
I use instant messaging a lot. It is a great way to quickly interact with someone on a moments notice. I use Adium on my MacBook Pro and I have no complaints other than with a large list of IM “buddies” it is easy to only concentrate on the ones you talk to regularly.
Yesterday, out [...]
Real Estate Investing is Hard Work
Yes, I know I am preaching to the choir, but you may not remind yourself of it often enough and you can bet those watching you don’t consider it to be work. They probably think you just rake in the cash while doing little more than convincing the little old [...]
I have been a real estate investor for 24 years. I started with single family homes and remained focused there for most of that time. Sure, there was the occaisonal larger deal, but SFH was where I was comfortable.
About five years ago, I started adding “a little commercial” to the mix. Not directly, mostly by [...]
In 1993, a novel approach to taxation was devised and initial work to get legislation proposed to enact it was started. The expectation was by 1997 the legislation would be in place and a new source of tax revenue would be available. That plan was derailed with the election in November of 1994.
Imputed income is [...]
Continue reading about Will the Imputed Income Concept Return?
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