This has been the most challenging 90 day period since I started up my real estate business six and a half years ago. And to top it off some significant personal issues arose as well. But they’re in the past, and now it’s time to close out 2010 strong and set the foundation for 2011.
Category: Apartment Buildings
Follow me as I start from scratch and buy an apartment building.
Cash Flow Real Estate Investing TV: Perspective Matters with Pricing
This is another one of those “Captain Obvious” reports. After the Apartment Bus Tour last month a couple of offers came in on buildings we looked at that made me realize how important perspective and experience are with respect to pricing offers. And how they are not often easily transferable between different types of real estate investing.
Cash Flow Real Estate Investing TV: You Can’t Teach A Kid To Ride
I’ve been studying sales processes lately, and I picked up a really interesting book on the topic this week. It’s called “You Can’t Teach a Kid to Ride a Bike at a Seminar”. I was surprised how relevant the title was to real estate investors.
Cash Flow Real Estate Investing TV: The Mutual Fund Farce
Entirely by accident I listened to a few minutes of the mutual fund sales puke show on one of our local radio stations. Talk about selective perception. This clown takes the cake. When the market is up – it’s a RALLY AND BUY EVERYTHING YOU CAN GET YOUR HANDS ON. And guess what? When the market is down, IT”S AN OPPORTUNITY TO BUY BECAUSE EVERYTHING IS CHEAP!!!
Cash Flow Real Estate Investing TV: Brian Pilarski on the Bus Tour
Brian is another one of the experts that I rely on in my business. His focus is commercial property insurance. And that’s REALLY his focus – he’s not the guy that writes the homeowner’s policy on your personal residence and then says “sure, I can give you a quote on that apartment building”. Here we were talking about safety issues like security cameras, smoke detectors, and sprinkler systems. You’ll see why it pays to bring…
Cash Flow Real Estate Investing TV: John McAuliffe on the Bus Tour
I consider the people I use in my business to be a source of competitive advantage for me. John McAuliffe of Quality Home Inspection is one of those people. One of the properties on the June Apartment Bus Tour has some nasty looking brick issues on the back wall that could lead a buyer to think there is structural damage. Take a look at John’s assessment.