Archive for October, 2007

10 Things

I’ve been talking to a lot of out of state investors lately, and the subject of weaknesses and opportunities for this region comes up every time. While I know that any discussion of substance on this would take a while, I though that I would put together a couple of lists off the top of [...]

Filed in Life One Response so far

Ok Ok We’re In a Recession Already

Now, What Are You Going to Do About It?
It looks like the rest of the country is finally waking up to the fact that yes, we really ARE in a recession in the US. A recession that is being led by the decline in real estate values. How can that be, you say. Real estate, [...]

Filed in Economics No Responses yet

Vultures Are Circling Over Distressed Properties

This was a headline in Saturday’s Washington Post.
Like the New York Times, you can always count on the ol’ Post to get things exactly 180 degrees wrong.
Vultures? Really??
I don’t know about you, but that description sounds pretty bad. Even a bit sinister. Maybe a touch evil. They like to make ma and pa out to [...]

Filed in Real Estate One Response so far

Housing Cools, Inflation’s Up. See I Told You So . . . .

Two short months ago I wrote about the unbelievable action that the Federal Reserve took to prop up our sagging stock market by injecting billions of dollars into the economy, and that it didn’t take a freshman econ whiz kid to tell that this would undoubtedly lead to an increase in the inflation rate.
Strangely enough [...]

Filed in Economics No Responses yet

The Foreclosure Concierge

I started a new line of business last week.
If you’ve been reading this blog, you know that I’m a big proponent of buying single family homes and holding them as long-term rentals. It’s my belief that it’s an ideal way to build real wealth. The idea had been jelling in my mind for a couple [...]

Filed in Real Estate One Response so far

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