Drives me nuts...

Things have been quite nuts lately ;-)I invited two of my partners, our broker, our architect, and one of our GCs to the meeting too to spice things up some.

Nuts!

This is all opinion mind you. the guys on Wall street would say I am nuts but hey most of the brokers over there are broke too.

(Heck, throw in marketing and management courses and you've got the functional parts of most business administration degrees.)It always drives me nuts when I see people spend thousands and thousands on expensive real estate 'courses' or 'mentors' when that money could have been spent a lot more productively learning some basic business principles at a local college.

I believe with interest rates so low right now, and prices at the bottom (though, I know Portland is a little nuts sometimes on prices) now is the perfect time to begin picking up good cash-flowing rentals.

The thought comes to mind of encumbering both apt buildings presents a juicy fruit to the bank as they get to encumber all properties involved with some sort of blanket loan.

But the nut grows a lot faster that way as far as I can tell.I've run scenarios with equity investors and that seems like it would be more attractive from an investor point of view but that's where I'm not sure of the structure used by others in determining the return for the investor.

It drives my wife nuts when she asks me what I am thinking and I tell her nothing, literally nothing.

It's a lot of hustle but the upside is well worth it in the end when you can project the fruits of your labor into the future.