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All Forum Posts by: Lynn Burson

Lynn Burson has started 4 posts and replied 75 times.

Post: "The Real Estate Guys"

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

I have listened to several TRG podcasts over 2 years?  They are very competent & experienced but it seems to be macro level only. 

The delivery is very fast...there is no pause to breathe, collecting idea... it is almost scripted for the entire episode.  

Post: How do you pay yourself?

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

It's a message board...

Post: Well it's official... Just closed on our first two rentals!

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

Excellent news!

Post: Out of State rentals: Austin, TX

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

Austin is a very hot market being the state capitol, large university, tech/industry,... The fact that it is growing fast means a lot of demand & minimal supply.  I am not sure that I'd be looking at starting my RE career from a distance in a complex market like Austin.

Just thoughts from my POV but no harm in looking?

Post: Attn: Detroit Investors - 36 month Case Study - see video enclosed...oh boy

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

Interesting but not a surprising map.  Owning property in both Houston & Florida there is significant influx of people for jobs, retirement & warm weather.

My sister owns property in Los Angles, La Quinta, Phoenix... and the incoming groups definately seem to be from other countries.  This is obviously anecdotal & casual observations.

Lots of objective / subjective data on population projections, aging demographics,.. future info by firms being presented based on the the last 8 - 10 years.  To me its just rife with cognitive biases that are not known till after the fact.    

Post: Is this deal worth pursuing?

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

From what little I know, the Nursing Home would probably institute a "Claw Back" where they have a few years to do... I think.  I t just does not seem worth the time, effort, monies for a potential problem. 

Post: Any suggestions on a good, *unbiased* real estate vs. stock market comparison?

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

I agree with Steve & James.  I have been & still have equities in my portfolio (approx 25 years).  I have used various areas including individual stocks using options (calls / puts) , MTFs, ETFs, news letters... but now I only use VTSMX just for the exposure.

The last 7 years i have moved into RE & have no regrets.  The funny thing is the lack of liquidity with RE helps me from an investing psychology.  That is emotions & market timing which is well documented. 

RE is slower and easy to understand in general.  Daniel Amermann has some good info comparing the 2 asset classes but as with anything...it depends.     

Post: Does your Boss know that you are an investor?

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

Yes they know.

Post: Does your Boss know that you are an investor?

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

Yes they know.

Post: Should I work with this mentor?

Lynn BursonPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 75
  • Votes 22

I vote with Jon Huber.  If you change your mind after a month of podcasts...this guru will still have space & take your 12K.