Comments on: Beginning Real Estate Investors — 3 Things To Avoid http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/ Real Estate Investing through Purposeful Planning Wed, 07 Jan 2009 13:01:26 +0000 http://wordpress.org/?v=2.0.11 by: BawldGuy http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4256 Fri, 21 Dec 2007 15:42:31 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4256 Marjorie -- It's notes like yours that make my month. It's cool every now and then to hear how folks are reacting to what goes on here. Thank you -- and tell Chris I said hi, and will see him soon. Marjorie — It’s notes like yours that make my month. It’s cool every now and then to hear how folks are reacting to what goes on here.

Thank you — and tell Chris I said hi, and will see him soon.

]]> by: Marjorie Desgrosseilliers http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4255 Fri, 21 Dec 2007 15:29:55 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4255 Dear Bawlguy, Just want to say that I've been reading your blog for a while now (based on Chris Lenquist's excellent recommendation). I love your writing style, and your words of wisdom. Your sense of humor really appeals to this transplanted Canadian. Keep it coming! Sincerely, Marjorie Dear Bawlguy, Just want to say that I’ve been reading your blog for a while now (based on Chris Lenquist’s excellent recommendation). I love your writing style, and your words of wisdom. Your sense of humor really appeals to this transplanted Canadian. Keep it coming! Sincerely, Marjorie

]]> by: BawldGuy http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4232 Thu, 20 Dec 2007 22:11:21 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4232 Exactly what I wanna hear. Exactly what I wanna hear.

]]> by: Chris Lengquist http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4231 Thu, 20 Dec 2007 21:49:17 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4231 56 degrees...not a cloud in the sky. :) 56 degrees…not a cloud in the sky. :)

]]> by: BawldGuy http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4227 Thu, 20 Dec 2007 19:52:07 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4227 Chris -- don't you mean, sliding by? :) Chris — don’t you mean, sliding by? :)

]]> by: Chris Lengquist http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4223 Thu, 20 Dec 2007 18:34:33 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4223 Well said. I would have responded earlier but I was driving by my properties. :) Well said. I would have responded earlier but I was driving by my properties. :)

]]> by: Robert Coté http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4219 Thu, 20 Dec 2007 16:35:06 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4219 Yeah both but mostly transaction costs. And I'm not complaining about those higher transaction costs either. In exchange you get expertise and management and a better deal on the investment assets. As to opportunity costs the same thing. If it costs a little more to get out of a souring market sooner so be it. Money well spent. Yeah both but mostly transaction costs. And I’m not complaining about those higher transaction costs either. In exchange you get expertise and management and a better deal on the investment assets.

As to opportunity costs the same thing. If it costs a little more to get out of a souring market sooner so be it. Money well spent.

]]> by: BawldGuy http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4200 Thu, 20 Dec 2007 06:33:08 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4200 Robert -- Depends on what you mean by 'costs more'. Going from San Diego to Mayberry usually ends up with Mayberry real estate costing a LOT less. If you're referring to the opportunity cost of staying in San Diego vs buying in Mayberry, assuming Mayberry is growing, I get it. The cost of the education is of no concern, as long as the investor never forgets the lesson for which he was charged the 'tuition'. :) Robert — Depends on what you mean by ‘costs more’. Going from San Diego to Mayberry usually ends up with Mayberry real estate costing a LOT less.

If you’re referring to the opportunity cost of staying in San Diego vs buying in Mayberry, assuming Mayberry is growing, I get it.

The cost of the education is of no concern, as long as the investor never forgets the lesson for which he was charged the ‘tuition’. :)

]]> by: Robert Coté http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4199 Thu, 20 Dec 2007 06:11:38 +0000 http://www.bawldguy.com/for-beginning-real-estate-investors-3-things-to-avoid/#comment-4199 Unless you are already experienced there is another word for a local real estate investment; tuition. Some are so crass as to call it the school of hard knocks. You pay the tuition, you learn. Hopefully. Out of area real estate investment costs more. If it doesn't cost more fire whomsoever is pitching the deal and get competent people instead. What you get for those real costs is a better investment. Investment is not a synonym for hobby or education. Unless you are already experienced there is another word for a local real estate investment; tuition. Some are so crass as to call it the school of hard knocks. You pay the tuition, you learn. Hopefully. Out of area real estate investment costs more. If it doesn’t cost more fire whomsoever is pitching the deal and get competent people instead. What you get for those real costs is a better investment. Investment is not a synonym for hobby or education.

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