Archive for May, 2007

Making the jump to multi-family

Thursday, May 31st, 2007

In a past comment on The Large Multi-unit Apartment.  Another Investor Says: "You think that by partnering, you will somehow leapfrog into more wealth faster. The reality is that what you get back largely depends on what you put in. The ROIC must be significantly higher than it is on smaller deals ...

Should you pay down your mortgage?

Wednesday, May 30th, 2007

I was reading an article written by a mortgage broker that listed 10 reasons on why you shouldn't pay down your mortgage.  It had the same reasons that most articles have.  Since this article was written by a mortgage broker, it was obviously slightly biased towards getting and keeping loans.  ...

Turning $1 into $1,000: A Poker Goal - update #2

Tuesday, May 29th, 2007

Well, it's been a sideways battle since hitting the $60 mark a little past my last update.  The dip after $70 down to $45 was due to me 6 tabling and playing fully loaded.  I quickly found out that I can't play 6 tables at a time.  I went back to ...

Living in the moment - it’s all in your head

Sunday, May 27th, 2007

I think it's human nature to think, worry or dread the future.  I was at a seminar a few months which brought up many points about how we think.  Here is one that I found intriguing. Most of us who work in an office or small cube just can't wait to ...

Another poker and investing post

Friday, May 25th, 2007

At a forum called 2+2, poker players post hands that they've had problems with and ask other poker players to give advice and strategy.  What is very interesting in the forums is that players can post their hands and the action on from pre-flop to the river, but they cannot ...

The large multi-unit apartment building

Thursday, May 24th, 2007

Today I met with my friend who invests in apartment buildings for lunch.  We went over how he had structured some of his deals and partnerships.  I'm trying to figure out how to structure a partnership to go into a 80+ unit building in Texas. I've bought many houses before but ...

Monetizing this blog

Wednesday, May 23rd, 2007

Jon over at Art of Money has been running a series of posts called "$100 a day blogging."  I've been thinking of really trying to monetize this blog and for the most part running Google Adsense and Text links don't really interfere with the quality of the posts.  Adsense ads ...