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 [...]
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 of [...]
This month we are reviewing three books from our “What We’re Reading This Month –1944 Classic Novel, 1950’s Science Fiction, Commercial Real Estate Advice, Daily Bible” post. The first two are financial books; “How To Create A Real Estate Money Machine…” and “Fundamentals of Angel Investing”. The third is a classic novel made into [...]
We fell to 3rd place just as we were going to take First Place! How did we let that happen? Stocks surged! Gold fell, but not as much as TMP because we incurred costs: We completed two major financial actions in February – we bought half a house (in a partnership) and we refinanced [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
