TheMonopolyProject (TMP) is still Number 1 and climbing. TheMonopolyProject remained at the top with a total Score of $238,330. This month we added $25K in equity and our new-build house in Coolidge went back above what we paid. TMP now has 2.0 houses; that is, one house wholly owned (Valencia) and two houses [...]
Every month we show what is on our reading table. Comments on current reads: "Monsters and Magical Sticks: There's No Such Thing As Hypnosis?” (208 pages, paperback, reprint 2017) by Steven Heller and “How to Hypnotise Anyone - Confessions of a Rogue Hypnotist” (112 pages, paperback, reprint 2014) by The Rogue Hypnotist. I [...]
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 [...]
This month we are reviewing five books: 1. “'Succeeding”, 2. “ROMA”, 3. “The Torrid Zone”, 4. “Be Our Guest”, and 5. “How to Retire Overseas”. Comments on current reads: “Succeeding” (316 pages, paperback, 2011) by John T Reed. Reed is a noted real estate guru with a sharp wit and no uncertain opinions of [...]
TheMonopolyProject (TMP) is still Number 1 and climbing. We’ve more than doubled our original investment of $100,000. If you call it two years, that’s a 50% rate of growth. If you call it 2 and a half years, it’s still 37%. That is very impressive, but not sustainable or predictable. TheMonopolyProject remained at the [...]
Every month we show what is on our reading table. Comments on current reads: "Monsters and Magical Sticks: There's No Such Thing As Hypnosis?” (208 pages, paperback, reprint 2017) by Steven Heller and “How to Hypnotise Anyone - Confessions of a Rogue Hypnotist” (112 pages, paperback, reprint 2014) by The Rogue Hypnotist. I always [...]
Since Jeff and Jim became “partners” in buying, renting, holding, selling and trading single family homes (SFH) for TheMonopolyProject in January, we have bought two houses. We completed the purchase of the house on 29th Avenue in Apache Junction on the 16th of February. And in May we bought a new build house in [...]
We’ve now cycled through all nine of the alternative investments we could have made with our $100,000. Here are the other 9 investment options with links to our previous posts, in (perceived) order of risk to capital: Cash US Treasury Note Bank Certificate of Deposit (CD) A Bond Mutual Fund (VBTLX - Total Bond [...]
This month we are reviewing three books: 1. “'Investing in Senior Housing by Gene Guarino and Jim Guarino”, 2. “BLUEPRINT - How to Start a Residential Assisted Living Business by Gene Guarino”, and 3. “Empire”. “Investing in Senior Housing” (119 pages, paperback, 2018) by Gene Guarino and Jim Guarino and “Blueprint: How to Start [...]
