Just about a year ago I read a book by Robert Ringer called “Winning Through Intimidationâ€. It was a spectacular book with a spectacular – and completely not-politically-correct – title. The interesting thing about it was that it really wasn’t about intimidation at all. No, it’s central thesis is that in any business deal the smart businessman will do the upfront preparation, and put in place the necessary safeguards, to protect his position at all…
The One-Trick-Pony Apartment “Guruâ€
As I mentioned in my prior post, this being a newbie again is an interesting feeling. And with my brilliant powers of deduction I figured out that it’s because you don’t know what you don’t know when you first start something new. I mean, I’ve been in the same professional field for nearly 20 years, and although I have had numerous jobs with numerous different companies, it’s been largely the same with very little being…
Do, or Do Not – There is No Try
My oldest paid me a very nice compliment yesterday. Like probably most grade school kids with cable, ours have been glued to the television at 8pm last Friday, Saturday, and Sunday and this Friday, Saturday and Sunday, as one of the cable channels has been playing the Star Wars movies in order. It reminds me of the times when my parents used to let us stay up and watch every time a new Godzilla movie…
A Close Encounter With My First Commercial Broker
It has been an interesting feeling being a newbie again. As I have written about in this space, I have gotten so comfortable with the single family side of the Cash Flow business that I bought the last one on my lunch break. But now that I’m after apartment buildings I’m starting over from scratch. Sure a lot of the skills and knowledge is transferable and leverageable, but let me tell you that pursuing your…
My Apartment Quest
If you’ve been reading this space for any length of time, you know that I’m a huge fan of cash flow and cash flow properties. To the extent that I get a great deal of grief about it, and even earned the nickname “Cashflow Dennisâ€. (Instead of trying tp beat them I decided to join them and start two new websites – CashFlowDennis.com and CashFlowMercenary.com) But alas, unless you’ve been living in a cave for…
Stocks’ Wild Ride Isn’t Over
Even if the markets have touched bottom, there’s still plenty that could go wrong. So don’t unfasten your seat belt just yet. By Jon Markman Big investors and government officials have pulled out all the stops in recent weeks to make it look like equity markets, and possibly the U.S. economy, hit rock bottom in early March in sync with the crash and sale of Bear Stearns. Yet new evidence suggests that credit markets, where…