In general, most of the discussion generally occur around the real estate value and percent thereof.

To be sure, I'm not talking about a repeat of 08-09, as the factors that caused that to occur are a long way from occuring again.I'm talking about a downturn specifically caused by factors other than those causing the 08 09 downturn.Thanks again for contributing.

Things that occur around here are for unpaid water bills and unmowed grass.

Cody C.That's really interesting, what you shared about the author's theory.Here's what I've observed over the years:In a rising market, closed comps only show you what prices were negotiated between buyers and sellers in negotiations that occured between 30 and about 220 days ago.

Closing for both properties shall occur at same time.

But once in a while a major bill occurs like a new air conditioner, roof, or a ugly and lengthly eviction.Also realize the rent you charge is the factor you have the least control of.

Make the value-creating steps occur in tight sequence so the product will flow smoothly toward the customer.4.

Also, I will just assume that the Meeting that is on the second wednesday of the month will occur again next month so I will throw it in the Calendar as well.

Your first real estate purchase isn't that great either as you just have that little bit of rent coming in and expenses going out-with the potential of large expenses occurring.

I won't know what that expense may be (h20 heater, new roof, etc.) or when it will occur, but that's exactly why I'd want a margin of safety accounted for in my analysis.