As I look at the stock market, at the moment the DOW is at 10,844, down another 215 points today. Do you know what this means? That as of right now the market is only 476 points above where it was eight years ago after the internet bubble burst. It’s still above the lows that we saw after 911, but when you look at the market as a whole? Over the last eight years the…
Off-Topic Friday: Boston-Edison’s History Being Sold for Scrap
I have always been a fan of old homes. Not 1930’s and 40’s. Boring. I’m talking REALLY old ones from the turn of the century. Â There’s something about walking through one of them when it’s vacant and listening. When I do this I can almost hear the sounds of the families that lived there. I imagine conversations about hopes and dreams, and others about the simple routines of everyday life. It’s at these times…
CRITICAL Success Factor #1
Here we go again.  Don’t you just love it when someone asks your opinion of something that you actually happen to know a LOT about, you give them the answer, then they proceed to argue with you?  It happened to me again last week.  And unfortunately it was one of those I-already-made-the-decision-so-I’m-only-asking-you-because-I-want-to-validate-in-my-own-mind-that-I-was-right kind of questions.  I’ll spare you the details, but the person bought a trashed out house in a marginal area that he’s…
Off Topic Friday: Divided We Fall
AÂ voice of reason in the darkness. Hat tip to LM for the link. Thomas Paine looks good for a guy his age.
The Curse of OPM
How many times have you heard that OPM is the key to all the riches in real estate? Seriously – you can’t turn on a single late-night real estate tv infomercial without some fly-by-night “guru” with a Bentley and a bevy of blonde babes screeching at you about using OPM to make you rich beyond your wildest dreams. I should know – I’ve watched them all. (For the information only. Not the babes. Really) The…