Cash Reserves For The Long Term Real Estate Investor — Things Change

Cash Reserves For The Long Term Real Estate Investor — Things Change As happens often in conversations with ongoing clients, I bring up the subject of cash reserves. It usually surfaces naturally when they make known their desire to explore the acquisition of more investment property. Since we all live in the universe of reality, we understand the status quo is but a measurement of the here and now. Assuming your financial status has remained static the last 1-5 years is a mistake we simply … [Read more...]

Sometimes Doin’ Nothing Is The Perfect Thing To Do — Be A Quick Study

Sometimes Doin’ Nothing Is The Perfect Thing To Do — Be A Quick StudyFrom year to year, the range doesn’t change much, though in extreme times, it skyrockets. I’m talkin’ about the percentage of people I counsel to sit tight. Don’t do anything. Cool it a bit. It consistently remains in the 30-40% range, give or take some. The main reason? Aside from those who simply don’t sport the required capital, the reason used most by me for that counsel is lack of cash reserves. Over the … [Read more...]