As a boy my interests were in sports, music and movies. I had this rotating dream of being like Dan Fouts of the San Diego Chargers, Chris Cornell of Soundgarden and Harrison Ford from the Indiana Jones films. How wonderful to be as wealthy and famous as these guys! But did I ever play football? [...]
Entries from November 2009
November 17, 2009
You Have the Right to Remain Broke – Reading Your Housing ‘Miranda’ Rights
“You have the right to remain broke. If you stop making your mortgage payment anything you say can and will be used against you by your lender to make you feel guilty, irresponsible, immoral, shameful and stupid. You have the right to an attorney that may charge you outrageous fees to negotiate a loan modification [...]
November 12, 2009
Bandit Signs: Ugly, Unprofessional and Illegal
Fresh out of my very first real estate investment seminar in 2001 I went directly into the local print shop and had 50 ‘We Buy Houses’ signs made up. Al Lowery, the instructor, promised that these signs would generate hundreds of calls from desperate, motivated homeowners. Early one morning I put every one of these [...]
November 6, 2009
Flushing out the Flakey Cash Home Buyer
“They say money talks. All mine ever says is goodbye.” – Red Skelton
My father-in-law is an excellent negotiator. He expects a deal wherever goods and services are exchanged. This includes Best Buy, although I’m told they don’t negotiate prices. From his Ford Expedition to the tux I wore at my wedding he will always ask [...]
November 4, 2009
Dress for the Business You Want, Not the Business You Have
I worked in TV news for 15 years before I got into real estate. I was commonly referred to as the “cameraman”, but I liked the title “photojournalist” much better. Because I was behind the scenes the dress code wasn’t nearly as strict as it was for the on-air “talent”. Many of my colleagues chose [...]