My latest case study:A shifting market is the best place to make money

Wednesday, October 07

I love identifying markets that are in flux.  In such a market you can pull from market rate clients that enjoy the discount the neighborhood has to offer in the lower listing prices.  And, as an investor there is plenty of inventory of distressed properties in need of full rehab as well as solid...


Top 10 reasons I don't do Fannie Houses

Saturday, September 05

10.  Hobo camp set up on the side porch surrounded by empty skul bottles says “Landlord knows about it man and say’s it’s OK" as he zips up his fly and then asks for a smoke.9.  Raging party with burning can in the dining room. “Sorry guys, we’ll just be in and out real quick, do your thing!”  (...


Top 10 New Year resolutions for Fat Cat Investors

Saturday, December 27

10.  Stop relying on Jackson to light those cigars, it's time for Franklin.9.  Get a membership to a second luxury gym so you don't have to work out with your spouse.8.  Adopt a child from Rwanda and hire a Harvard grad to raise them for you in the carriage house only 1 mile from your primary res...


Top 10 things to identify using your FLASHLIGHT evaluating rental prop

Wednesday, August 20

10. Dried mold on floor joists / Cracked floor joists.9. Galvanized plumbing.8. Sewer backup residue.7. Previous water infiltration.6. Settlement cracks.5. Foundation issues.4. Evidence of fire damage.3. Areas of missing plaster / drywall.2. Painted over wallpaper.DRUM ROLL>>>>>&gt...


Top 10 reasons you're not a good real estate agent

Monday, August 18

10.  You made fun of someone who "didn't do a CMA" yet you don't use them to close deals.9.  You contacted the other agencies client.8.  You recommend violating zoning law if it closes a sale.7.  You leave voice mail messages that last more than 10 seconds.6.  You use a picture of yourself 20 yea...


Top Ten reasons the Newbie Investors FAIL

Saturday, August 02

10. They underestimate the importance of location.9. They don't verify the historical rent roll.8. They are afraid to talk to tenants while evaluating investments.7. They don’t check the plumbing pressure & type of water pipe coming from the street.6. They can't recognizing a good deal o...