but please don't drink the Kool-Aid on the price.

We were aware of alcohol and drug abuse as being considered as mental disorders, but not hoarding.

Generally though, I break it down into the "five pillars" of protecting your assets.The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments(maintain your property, etc) - these simple steps will help you prevent lawsuits before they even occur.

Would be happy to grab a drink sometime.

Hence, as I mentioned before, you'll end up paying the same tax rate as if the property was located in the US because the tax rate in the US is higher.I think you owe me a drink when I come to Arizona this week!

There seem to be thousands of them in my town who have spent the last two decades drinking craft beer and listening to indie music, and watching while house prices went right through the roof.

Jeff, while paying cash for properties is a great way to get great deals, holding the properties long term with no debt held on the property leaves cash equity sitting in the waslls earning 0% interest and removes one of the two greatest advantages to RE investing in my opinion - leverage.This is not to say that one should over extend or overleverage as moderation is good not just in drinking, sun exposure, or eating, but in applying leverage.

(as long as Josh doesn't start asking us to drink any special batches of kool-aid ;-)

For ink, denatured alcohol or hairspray does the trick.

Big difference in what you are trying to do based on your investment strategy of course, but buying houses is a lot like drinking on a Sunday after a fun Saturday: "first two are the hardest!"