This is a transformational idea for some of you. A large percentage of North Americans already own a primary and a secondary residence. If your money is right, why not? If you don't like your current residence right now, then start there, of course, but consider the simplicity of this idea just by reading the opening dialogue of this well-written article at the always formidable, The Daily Reckoning website: "...But the investment seasons turn. Today some smart investors are once again saying you should a buy house. John Paulson is one of them. You may know him as the man who turned the greatest trade of all time. Betting against the housing market, he netted a cool billion dollars for himself in 2007. One fund he managed rose 590% that year. Today, he is one of the richest men in America. His advice today is very different. “If you don’t own a home, buy one,” Paulson said. “If you own one home, buy another one, and if you own two homes, buy a third and lend your … [Read more...]
6 months = 6 words of wisdom
After a 6 month break, the consideration of why blog anymore is definitely there. I had the busiest 6 months of my real estate career in 2010 - really between April and up through today, I have been one mega-busy boy. 2011 offers lots of promise and lots of opportunity, and between my $15,000 duplex sale in Hapeville in April, and my $950,000 sale in Brookwood Hills in August, opportunity is knocking everywhere. All over this "metropolitan statistical area" we call the ATL. Blogging on a real estate related web site makes sense to me noawadays, though I questioned the efficacy in 2010. 2010, for a real estate agent, was a year of dynamic shifting - the dependence of our real estate markets on government and quasi-government, and corporate trust, and credit, and managed catharsis / quantitative easing, all kept the professionals on our toes. Combine that with the fact that real live human beings with real human needs come in and out of a real estate agent's life regularly … [Read more...]