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Misc » fliprent
22nd August 2008

Vertigo or Something

I apologize to my readers for my absence this month.  I am still struggling through this imbalance, vertigo or whatever it is.  Just as a brief update, I have not started the East Baltimore project but I hope to be able to drive again soon.  I appreciate your prayers and thoughts.

posted in Misc | 0 Comments

1st August 2008

August Smells Like Football

August is my favorite month of the year although it can also be the hottest.  The main reason is because football season is back.  With the Summer Olympics starting on the 8th, this month will be great for sports.   My oldest son will be playing Pop Warner football this year which is also very exciting. 

On a real estate note, I plan to start on the E Baltimore project Monday.  I’ve been setting up some contractors and I will make a decision early next week.   Although I have my main contractors, I still have a few others that I use depending on the project.  This project is really a small one and shouldn’t present any surprises.  

The thing that kept me from starting this week is this dizziness that I’m still feeling.  Bloodtest and CAT scan were all normal so the doctor told me to see an ENT.   I have had this feeling one other time after a one week cruise.  It took about a week for my equilibrium to balance itself out.  No more roller coasters for me!  

posted in Misc, Old E Baltimore Project | 0 Comments

24th July 2008

Next Business Project

I’m a firm believer in not placing all my eggs in one basket.  Diversification is not just another buzz word to me.  Investing in real estate has the added benefit of flexibility.  Buy and hold investors tend to have more freedom and for many, it’s really a side business.  House flipping can be a full time job itself, especially if you manage the projects or do the work yourself.   I believe that a strategy that involves both renting and flipping offer the fastest and most secure road to wealth for full time investors. 

Read the rest of this entry »

posted in Business, Misc, Real Estate Investing | 2 Comments

4th July 2008

Happy 4th

Happy 4Th of July to my readers and fellow investors.  If you’re not an investor yet, get out there and buy your first property.  You won’t get another buyers market like this one again.  Enjoy the fireworks!

posted in Misc | 0 Comments

2nd July 2008

Familiar Faces

Today while I was in Home Depot returning a pressure washer, another gentlemen thought that he recognized me.   He asked if I was a member of the local REIA.  I replied that I attend meetings but that I had not attended an event at that particular group.  He was sure that he knew me.  He said he forgets names all the time but he never forgets a face.  I thought to myself why do so many people say that.  Are there really that many people that never forget a face?  Do they honestly believe this or is it just something they say because it sounds cool?  I know that I forget faces, and names for that matter , especially from childhood. 

I’ve decided that one of my goals is to work on remembering faces and names.  I always feel a little guilty when someone recognizes or remembers my name and I don’t remember theirs.  Ehow.com has an article that gives pointers on how to remember names and faces.  The article mentions saying the name several times in your head and of course paying attention when someone tells you their name.  It also mentions writing the name down while picturing the face but who has time for that.  Anyway most of these pointers seem like pretty good advice so I think I’ll try them out.  This is something that I always try to do when introduced during a business meeting and believe it or not it impresses people.  

posted in Misc | 0 Comments

26th May 2008

Memorial Day

Let us take this day to remember the men and women who have lost their lives in battle for our freedom.   Let us also pray for our soldiers in Iraq, Afghanistan and anywhere else that continue to risk and loose their lives everyday. 

posted in Misc | 0 Comments

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