Archive for Real Estate Investing

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Closing in a Few Weeks

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 [...] Read more »

Actually, I Don’t Want Coaching to be my Job.

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 [...] Read more »

With Tim’s help, I am negotiating my first purchase.

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 [...] Read more »

How Hard Do You WANT to Work?

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 [...] Read more »

Average Gasoline Prices at $4. How Long Until $5 Now?

In early 2007 I wrote an article for the Field Guide for Investors asking how a gas price of $5 would affect real estate investors. This was at a time when gas was about $2 a gallon. The interesting thing is while many were very skeptical we would see that kind of gas price any [...] Read more »

I Found Them!

I have been lurking and posting at various forums looking for a very specific person.
The person I was looking for is…

New to investing
Average resources
Little (preferably ZERO) consumer debt
Holds a job
Does not see a job as something for losers
Not afraid of hard work
Willing to learn
Ethical beyond question
A self-starter and self-motivator
Able to complete tasks with little or [...] Read more »

Emails Like This Are Nice To Receive

I woke up this morning to a a bunch of email to scan through. That is not unusual but this email was. I have included the text without the signature.
Tim, thank you for putting me in touch with the Sub2 Brothers. They were able to help me get my recent investment fiasco straightened out. I [...] Read more »

Do not believe anything here unless you independently verify it.

You follow any advice here at your own risk, I completely disclaim any responsibility for your actions, even if based on what you read here.