When I bought my first piece of commercial real estate, I was a property manager. Serving various types of properties such as retail, office and apartment communities, I worked with countless clients and investors who seemed much smarter and more financially put together than me. It was clear that they had their “stuff” together – they earned well, didn’t overspend, etc. They also knew how to buy investment real estate.
Read MoreIn the days of muskets, soldiers carried gunpowder separately. To ensure that the powder would ignite when the need arose, the soldiers took special care to protect it from moisture. Anything that would dampen the powder could put the soldier’s life and, the lives of those around him, at risk.
Read MoreWe’ve talked a lot about debt on this site. We can’t focus on both investment real estate and personal finance without doing so. Debt is a complex tool that can trigger many emotions. However, it’s my belief that the more we understand it, and our emotions, the better we will be prepared to use it when needed to acquire a piece of real estate.
Read MoreHow do you get to work? If you’re like me, you are one of the multitude who needs to get to an office via car. I’ve taken steps to work remotely a couple days a week so those necessary trips have been reduced.
Read MoreWhen a retailer moves into a market or neighborhood, most people tend to get excited. At times, this excitement can be good. When Trader Joe’s first moved into our market, the city seemed to lose its collective mind. Everywhere people went, there was talk about Trader Joe’s and the inevitable question, “Have you been?”
Read MoreA blog focusing on growing wealth through commercial real estate investing and developing along with aggressive savings and personal responsibility.
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