What We’re Reading This Month –1944 Classic Novel, 1950’s Science Fiction, Commercial Real Estate Advice, Daily Bible

By |2021-03-01T19:37:33+00:00February 28th, 2021|

Every month we’ll show what’s on our reading table. "Rivers of Time" by L. Sprague de Camp. "The Encyclopedia of Commercial Real Estate Advice" by Terry Painter. "The Razor's Edge" by W. Somerset Maugham. "Daily Bible Readings" with help from the "Lutheran Study Bible". When I first started getting involved in angel investing, [...]

What Are We Looking at This Month – 2. Casa Grande: Real Factories and Real Electric Cars

By |2021-02-25T22:11:56+00:00February 25th, 2021|

Since Jeff and Jim became “partners” in buying, renting, holding, selling and trading single family homes (SFH) for TheMonopolyProject we have significantly increased our search activities. We’re looking for “The Perfect Monopoly” house. We completed the purchase of the house on 29th Avenue in Apache Junction on the 16th of February. We did the [...]

Buying the House on 29th Ave, Apache Junction – 6. A Day of Repairs

By |2021-02-24T15:54:29+00:00February 24th, 2021|

Previously we explained how we found “The Perfect Monopoly” house in Apache Junction, made an offer and lost. We came in second. Then we made the offer on a house in Casa Grande that we thought could be “The Perfect Monopoly” house, made an offer and won. But it turned out to be a [...]

Start Your Own Monopoly Project – Step 5a: The Perfect Monopoly House

By |2021-02-22T23:14:09+00:00February 20th, 2021|

Should you start your own ‘Monopoly Project’? Should you start acquiring rental properties? In this series we examine ways to start your own “Monopoly Project”. In our first post of this series, we explained by the first thing you should do is to get into shape – Financial Shape. We explained how and why [...]

Buying the House on 29th Ave, Apache Junction – 5. Close of Escrow Arrives

By |2021-02-18T15:03:03+00:00February 16th, 2021|

WE BOUGHT THE HOUSE ON 29th AVENUE IN APACHE JUNCTION! Previously we explained how we found “The Perfect Monopoly” house in Apache Junction, made an offer and lost. We came in second. Then we made the offer on a house in Casa Grande that we thought could be “The Perfect Monopoly” house, made an [...]

Our Story – Part 3: We Start Buying Triplexes

By |2021-02-16T14:01:30+00:00February 15th, 2021|

How did we do our own monopoly project? How did we start investing in real estate and build our current holdings (two apartment complexes, two medical building and two SFH’s)? In this series we will trace the history of our real estate acquisitions.Previously we described how we got started by buying our first SFH in [...]

Buying the House on 29th Ave, Apache Junction – 4. Final Accounting Before Close of Escrow

By |2021-02-12T23:18:15+00:00February 12th, 2021|

Last time we explained how we found “The Perfect Monopoly” house in Apache Junction, made an offer and lost. We came in second. Then we made the offer on a house in Casa Grande that we thought could be “The Perfect Monopoly” house, made an offer and won. But it turned out to be [...]

Opportunity Cost – 7. A REIT Mutual Fund, More Real Estate?

By |2021-02-10T15:14:38+00:00February 10th, 2021|

Previously we discussed the concept of “Opportunity Cost”. If you choose to do one thing, you forgo many other choices. This “cost” is true whether it is money, time, or any other asset. We talked about the opportunity cost of going on a ‘once in a lifetime’ 10 day trip to the 75th anniversary [...]

TMP Floating Book Reviews – ‘The Almanack of Naval Ravikant’ – Leads to Jesus And the Agency Problem

By |2021-02-09T09:50:11+00:00February 5th, 2021|

Naval Ravikant is an Indian-American entrepreneur and investor His thoughts, advice and ruminations are documented in “The Almanack of Naval Ravikant” that was compiled by his friend Eric Jorgenson as discussed here during this interview. The Almanack is a pdf book on the wisdom of Naval and it is free, totally free. [...]

Our January 2021 Standings – Can A House Value Rise 3% in One Month!?

By |2021-02-02T21:17:29+00:00February 2nd, 2021|

Can an ordinary house increase in value by 3% in one month!? Our TMP house continued to appreciate, increasing by $4,180 (1.8 %) according to the average of estimates at Redfin, Zillow and Realtor.com: In fact, Zillow had it up 3.0% ($7,140) in one month: Did the house increase in value by [...]

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