Be Prepared For An Unexpected Answer

Wednesday, January 27

    It is a rare week that I don’t receive at least a couple yellow letters. Occasionally, I will call on one to see who is prospecting, to introduce myself as a fellow investor, or to see what the sender is looking for. I am surprised at how often the sender does not seem to know what they are ...


What’s That Smell? I’m Out.

Sunday, December 27

     This is the third installment in the story of my hoarder house. In the first installment: What’s That Smell? Not Cat Piss ─ It’s Opportunity, I outlined my three possible exit strategies: wholesale to a rehabber, clean up and wholetail to an owner occupant, and full rehab and retail sale. I...


Tell Me A Story

Sunday, December 06

    I enjoy reading. I enjoy listening to stories. I enjoy telling them. I can do the math and the math is important, but the investments that get my attention, that get me excited about pursuing them are the ones where there is a story attached. My favorite ones are the ones that have been sitt...


A Landlord’s Lament.

Saturday, November 21

     It’s Saturday morning. Snow is falling. First snow of the year. Doesn’t appear very heavy. Drove by the rental yesterday. It is being updated. Of course, nobody thought to rake the leaves to the curb. It isn’t the workers’ fault, I didn’t put it on the list. It is a small yard, you would th...


Make Yourself Useful

Wednesday, November 18

     Almost every day I see posts here on Bigger Pockets from people who express an interest in learning some phase of real estate from an experienced investor but don’t know how to find one and don’t have anything to offer. A common strategy offered for connecting to an experienced investor is ...


Small Check. Justice.

Thursday, November 12

     It is only a $230 check. The second one came yesterday. It looks like junk mail because it comes from a national retailer’s offices that I don’t shop at and it arrives in a plain envelope. This is only the second one I have received so I did not recognize it as containing a check until I op...