A client of mine told me that there is no such thing as a good partnership. My only comment to that is that the partners all have to be compensated correctly. The other thing is that you can only have one alpha dog in a partnership. The last thing is that all partners must be equally yoked. There are biblical references from my research all partners need to be at the same size, all partners must be at the same pace and all partners must be the same speed. Meeting all three of these criteria for an extended period of time is very difficult, if not impossible.
Dave Uncategorized
Undoubtedly we all make mistakes, in life and in our investments. This week’s podcast covers 12 common mistakes that those in the Real Estate world often make.
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mitdino Uncategorized
Ok, here is what I want to happen. There are a wide variety of reasons that I want them all to happen. I would love it if some people would guess
#1 I want to see gas go to $6 a gallon
#2 I want interest rates to get above 12%
#3 I want the dollar to be reach an all time low compared to other currencies
I am interested in why all of the above things are good for real estate investors?
mitdino Uncategorized
At an April 24 panel discussion on the prospects for real estate in the current economic recession, MIT economics professor William Wheaton offered these thoughts on a likely turnaround scenario, “The first to recover will be the banking, insurance, and finance industries, which are already well on the road to recover. Then the housing market will stabilize and consumption will pick up. An increase in production is about a year away – maybe even six months away,” he said, “since inventory is already down to almost nothing.”
Wheaton added that unemployment will continue for some time after the recovery begins, “In every recession, employment is absolutely the last thing to come back.” He continued, “One reason is that the economy uses recession as a time to restructure,” he said, giving companies an incentive to lay off workers and create greater efficiency “from the ground up.”
mitdino Uncategorized
A prospective client told me the best way to describe real estate investing is
Many grow weary those that do not grow rich
-Dave Nava
mitdino Uncategorized
We have the privilege this week of being joined by Senior Sales agent Jim Posey. On the table for this week’s podcast is the current status and future outlook of the Residential Marketplace.
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mitdino Uncategorized
