Welcome to the Skeptical Investor article right here on BP! A frank, hopefully insightful, dive into real estate and financial markets. From one real estate investor to another.
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This week, we’re talkin’ the ...

I do hate throwing money to the wind when avoidable!

Long winded way of getting back to my question – I work about 70-80 hours a week in the city, so managing a property would be almost impossible (especially to do it the right way).

The precarious limb only extends over my property by a few feet, but a strong wind can easily snap and carry it into my property. 

I do have a lakehouse 2 hours outside of the city, and that is rented to engineers that work on wind farms in west Texas.

If you don't have a recent wind mitigation report, it is always worth getting one to include with your quote request.

Austin has transitioned to an equity market long-term, and I predict true cash flow will continue to be a head wind, especially if Prop Q passes in November for City of Austin properties.

(Yes we were sucking wind from 2008-11)Honestly, we learned about them by accident.I was visiting a “whale,” in the central Florida market who bought at the steps and beat all bids, even if they were too high to maintain control of the steps.That day, while I was at his office, he lost 3 bids in a row.He started swearing up and down, and I had to know how he kept losing.  

But I am looking at a clock right now in my office that needs winding, and it's still right twice a day, too.

I know the post was a bit long winded.