Archive for November 24th, 2007
Partners - A Good Thing or a Bad Idea
Saturday, November 24th, 2007At MC Companies my partner, Ross, and I have been together since almost day one. His skills and my skills dovetail perfectly. He handles the construction and development and I handle the management and operations. We both handle acquisitions and together we each bring to the deal our own [...]
You Can “Flip” Your Way to Success or Get Rich Quick with No Money Down, the Invest Myth
Saturday, November 24th, 2007Many people think that flipping property, in other words buying it and quickly turning around and selling it for more than you paid for it, is the way to grow wealth. The people who believe strongly in this have been lucky enough to make money this way. But in my opinion, [...]
You Need a Great Deal of Confidence, Property Invest Myth
Saturday, November 24th, 2007Not true. People underestimate themselves all the time. They listen to that little voice of self-doubt that whispers and sometimes shouts in their brain telling them all the reasons why they can’t do something, why they shouldn’t even try. I believe there are two voices: the voice of reason, and [...]
Investors In Real Estate Should Know The Three Drivers of Supply and Demand
Saturday, November 24th, 2007Simply, there are three drivers of a market’s or submarket’s economics that come into play. As an investor in real estate, you’ll want to keep each of these variables in the forefront at all times. They are true indicators of supply and demand.
This is the first and possibly most important indicator of [...]