Real Estate

It has been a pretty good ride, hasn’t it? I mean, since the dark days of the “great recession” when the DOW bottomed out at 6443.27 on March 6, 2009, the market has gone pretty much straight up. Remember those guys in the office that spent all day with a browser window open to their […]

I have to say that one of my biggest fears about being a rental property owner is running into a “Professional Tenant”. A “Professional Tenant” is a someone who knows the rental laws cold, knows the system, and therefore knows how to work the system” by taking advantage of pieces of the law to live […]

Podcast: Play in new window | Download

In this episode I talk to Kelly Brittingham. Kelly started her real estate investing business with her Husband Todd in 2009 with their first investment in a single family rental property. Since then she has completed over 40 real estate transactions. Her investments have included single family rentals, lease options, wholesales, fix & flips, turnkey […]

This is pretty amazing. I was looking around for some new ideas on how to finance additional rental properties, and I happened to find something that was pretty surprising….. …… that a monster-sized hedge fund – BLACKSTONE no less – has started offering financing specifically focused on rental property owners. Yeah. To say I was […]

Shocking I know. That hasn’t happened since Paul Volcker.

But it’s about time.

I just saw a piece in the New York Times titled “Fed Dissenters Increasingly Vocal About Inflation Fears”.

I was both happy and frightened to see that headline. Happy because the Fed needs to face up to the fact that interest rates can’t stay at zero forever, and frightened by what’s going to happen to the economy when (if) interest rates ever get back to anything resembling a market rate.

And then there’s inflation.

I’m an econ major. I’ve been following this stuff since 2006 and 2007. I’m confounded but the fact that we haven’t seen any inflation yet. It’s out there. But if or when it will ever hit is anyone’s guess.

The first paragraph of the piece is what gives me a glimmer of hope:

“An increasingly vocal minority of Federal Reserve officials want the central bank to retreat more quickly from its stimulus campaign, arguing that the bank has largely exhausted its ability to improve economic conditions.”

I’ve included the piece below without further comment. Let me know what you think.

Podcast: Play in new window | Download

In this episode I talk to my good friend Dave Sullivan. Dave is a classic buy-and-hold investor. He characterizes it as “regular guy” investing. My business is pretty similar to his – and so I agree with his characterization. It’s not sexy – there are no frills. But the cash flow keeps rolling in month […]