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 D [...]
Yesterday, TheMonopolyProjectTwo, consisting of Jeff and Jim bought another house! It’s a new build, located in Coolidge, AZ and built by Richmond American Homes. The Peridot plan is a 3 bd, 2 ba, about 1,600 sq ft one story house: Here’s a video preview of the Peridot house: And Richmond [...]
This month we are reviewing three books from our last “What We’re Reading This Month –A Bit of This and A Bit of That” post. This was what was on our reading desk: And we added a book since that post that was “hiding” on the upstairs reading table: “Introduction to the Intertestamental [...]
TheMonopolyProject (TMP) is comfortably in second place with a $4,000 gain for April 2021. Stocks (VTSAX) jumped also. In fact, all assets increased, and all are now above their starting point, if only just barely for Oil: Our formula to calculate our total assets (bank accounts plus home equity) credits one half of [...]
Every month we show what is on our reading table. Comments on current reads: "Intercessory Prayer" by Dutch Sheets: I just started reading this. I have read the first two chapters. If the rest is as good, and as documented, this is an OUTSTANDING book on what is intercessory prayer and how to [...]
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 purchased for [...]
On August 2019, I received the keys to my new house in Bakersfield, CA and began the Monopoly Project journey! Background Bakersfield is a mid-sized city near Central California. It is the most northern city in Southern California; it’s less than 2 hours from Los Angeles and 4.5 hours from San Francisco (driving). Bakersfield [...]
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 three books from our “What We’re Reading This Month –A Bit of This and A Bit of That” post. This was what was on our reading desk: First, we review “Atomic Habits”: “Atomic Habits” by James Clear: This has been on my reading table for over a year. [...]
