Our results to date are reported on a monthly basis on the “Score” table on the Home page. We give you the current total value of TheMonopolyProject (TMP) as a combination of cash held (bank deposits) and the estimated value of the real estate owned minus liabilities (loans).To determine how well TMP project is [...]
DECISION MEETING on the House in Laveen Our house on 48th St in Laveen, a neighborhood of Phoenix, was shot up while in escrow. We held a ‘Decision Meeting’ on 15 May and decided to go ahead with an initial offer of $150,000, all cash. Negotiation Discussions and Strategy on the House in Laveen The [...]
Our house on 48th St in Laveen, a neighborhood of Phoenix, was shot up while in escrow. DECISION MEETING on the House in Laveen Should we go ahead with the deal? Drop out immediately? What are the issues/criteria? On Tuesday evening we (Michelle, Jeff, Sherman, Jim) gathered at Sherman’s "Crest Premier [...]
Our offer on the house in Laveen was accepted and we did our preliminary walkthrough and formal home inspection on Monday. On Wednesday, our property manager Sherman, stopped by to take a look. He called me and asked, “When was the last time you were at the house?” I replied, “I was there at [...]
Our results to date are reported on a monthly basis on the “Score” table on the Home page. We give you the current total value of TheMonopolyProject (TMP) as a combination of cash held (bank deposits) and the estimated value of the real estate owned (REO). To determine how well TMP project is doing we [...]
Yesterday we made an offer on house in Laveen on 48th St and today the offer was accepted. Previously we had been frustrated on how difficult it was to buy a house in the HOT Phoenix market. Here’s just one local example from the “Gilbert Sun News’ on records being set in May 2019 [...]
It is HOT in Phoenix! Both our first 112 deg F (44.4 deg C) day and the housing market. I am frustrated at not being able to buy a property. If you wait to see the place there are already multiple offers. So, we decided to change our strategy and make offers; sight unseen, based [...]
Earlier we discussed the concept of 'opportunity cost' primarily in the financial sense. But opportunity cost applies to all of life's choices. If you marry one person, you pass up the opportunity to marry another. If you vacation in the Caribbean on a cruise, you pass up the opportunity to ski in Switzerland. If you [...]
Thanks for the response, Sherman. We met Sherman at the local rose society meeting in December 2018. He immediately recognized Michelle as a fellow property manager since he had seen her in Lowe’s buying refrigerators all the time. Between the roses and the property management, we had a lot to talk about. One critical [...]
My name is Ryan Barlow and I am, according to the State of Arizona, a “registered trainee appraiser”. My father has been a self-employed real [...]
