@Arlen Chou,
"the summit has always been a great source of information and a better place to network." > Thanks Arlen! ;)
Supporting yourself in retirement is perfect, and glad to see you can use real estate to help your employees in your other company, and hopefully earn a return in the process.. Like you said, different reasons for everyone. Congrats on getting good buys in Oakland. I still remember the day we first met over by my rental on International by the Lake. Time flies! Looking forward to Vietnam :)
@Jay Hinrichs,
You and Arlen are on the same mindset ;) Regarding the lots you're building and selling.. Do you typically buy lots when they're cheaper in the first part of the cycle, then develop them when it's full blown, like now? Or was the timing just a coincidence? I like how you identified something you don't want to do anymore (be a landlord), and are actually adjusting your portfolio to eliminate that. Most people just complain about their investments! lol Great lesson about doing what you want/have a competitive advantage. Congrats on the new relationships also.
@Lynn Currie,
I love your houses! Someday, I'll have a kitchen like that too :) It's interesting how people go through different phases of their real estate investing in their life, then also over the economic cycle. The custom builds are a great way to take less risk and capital while still enjoying the fruits of this market.
@Account Closed,
I think we need to do a "worst jobs" posting later! I've done 'em all! lol Although the last one I quit for traveling wasn't too bad.
You definitely beat construction. I think it's interesting that notes - especially when you're nationwide - have the ability to provide inventory throughout the economic cycle. (although I'm sure even more during a downturn). So many business change so much. Nice to have that stability. And as you say, a great time to hone in your systems, and do even better at it.
