Don't Water Your Weeds
Tuesday, November 05
For my day job, I visit many different companies. Periodically I see inspirational quotes on the walls of employees. Today's quote that I saw was "Don't Water Your Weeds". I thought about this with respect to real estate. This means that you shouldn't put time and effort into things tha...
Quote from Vince Lombardi
Tuesday, October 29
I'm not a football fan in any way, but I had the opportunity to see a quote from Vince Lombardi hanging on someone's wall today. The quote: "If you really want something you can have it if you are willing to pay the price. And the price means that you have to work better and harder than th...
Property hunting toolkit
Friday, October 18
If you're going into the wild to hunt wabbits ... er, rabbits, then you could be like Elmer Fudd and bring a trusty rifle and hunting cap. If you're hunting for your next investment property, likewise you need a toolkit. Here are some things I bring along when I look at properties: 1. Fl...
Analysis of inventory
Wednesday, October 16
While I've been buying in Milwaukee, I really haven't been monitoring too much what is available on the MLS. Here has been my process so far: I know that I'm in the market to buy. I go online and look at the MLS to see what's out there. I see some properties that look like they wo...
Sit down meeting with tenant
Monday, October 14
I received a text message from one of my tenants on Friday asking for a meeting with me on Saturday. So we arranged for a time. I was wondering if they were going to leave which would be unfortunate since they are long-term tenants and had just signed a new year's lease. These tenants have be...
If I were a crazy landlord with too much money ...
Monday, October 07
If you've listened to my podcast, then the secret is out that one of my hobbies is board games. Well, I was thinking the other day that if I was a landlord who was both eccentric and had too much money, I think it would be fun to have a dice game with my tenants. The tenant would be able ...