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How To Handle Highest and Best Counters

Tuesday, August 26

The highest and best counter is the dread of many real estate investors. Well, not really dread, but it certainly is unpleasant. It serves as a reminder of why it's better to find a deal off-market than on the MLS. That being said, we've had a lot of success buying off the MLS by simply making lo...


No Employee is Indispensable

Monday, August 25

Having had quite a few employees over the last few years and having heard from many other employers, I have become keenly aware of a certain problem that needs to be nipped in the bud; employees thinking they are invaluable.We had a construction manager who basically thought we were done without ...


Funniest Things I've Seen As a Real Estate Investor: Part 8

Friday, August 22

All good things must come to an end (at least for now), so I present you with the final installment of the funniest things I've seen as a real estate investor.I have so many foam miss-use pictures it's ridiculous, so here's one of many I could post. Note to do-it-yourselfers, the foam expands whe...


Funniest Things I've Seen As a Real Estate Investor: Part 7

Tuesday, August 19

It turned out I had more of these than I had originally anticipated. So the series continues.Another Great Throne Room:What I call the boat house:The picture doesn't quite tell the whole story of just how ridiculously skinny and dangerous this stairway is. And that's not an attic it leads to eith...


Funniest Things I've Seen As a Real Estate Investor: Part 6

Monday, August 18

For this installment, we turn away from DIY disasters to the back office side of real estate ridiculousness. While I'm pretty sure nothing on this application is legible, I made sure to redact anything that, if investigated by a forensic scientist, could be considered sensitive. And yes, we did r...


Always Manage Expectations, Especially When Signing Leases

Sunday, August 17

I have learned with each year that passes that the importance of managing expectations is about as critical as anything else when it comes to any sort of professional relationship (and personal for that matter). The biggest early mistake I made was implying raises were coming for employees. I did...