Cash Flow Real Estate Investing

The Door Got Kicked in and There’s Blood on the Carpet? Tell Me Why Again?

I spent some time on Saturday with some real estate friends and colleagues, and we were all talking about how boring our businesses were. The business itself was exciting and interesting to each of us. And to a person it’s been a gratifying experience. But it never seems that anything really interesting happens, or at least nothing interesting enough to talk about to other people. But then we got talking about the First House. You…

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Cash Flow Real Estate Investing

My Million Dollar Day

October 29, 2008 was a good day in my real estate business. A pretty good day in fact. Because on that day I bought a little over $1 million in real estate. One 20 unit apartment building and one single family home. (And didn’t use one penny of my own money. But that’s a topic for another post.) Not only that, but I had an offer accepted for what will be my 11th single family…

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Cash Flow Real Estate Investing

Off-Topic Friday: Picard v Kirk

I have thought for a long time that Star Trek is a metaphor for life. Especially for work and business. But as much as I try to explain it to my wife, I still usually get the blank stare (you know the one I’m talking about), even though I converted her into a STNG fan when we were courting way back in grad school in 1990. (She doesn’t like or get Monty Python either) I…

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Cash Flow Real Estate Investing

The Myth of “Win-Win”

I’m sure that you have seen the news reports out of Ohio a while back. First one, then a second Federal Judge dismissed foreclosure proceedings because the lenders “failed to prove that they owned the properties they were trying to seize”. That’s a complicated way of saying that the paperwork is screwed up. (If you’ve ever worked at a big company, you know that this is the rule not the exception.) More importantly though, neither…

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