Dollars and Vents

While I was in Vegas, the listing agent (by the way, it’s legal to call a Realtor that now in the state of Oklahoma–they changed the law, thank God) for House 16 decided to believe the inspector and me that the house needs foundational repairs. I thought she was going to force me to get [...]

Another One Bites The Dust!

Actually, I don’t know that I really sold this house–I think it kind of sold itself! But, we’re finally going to get to move on from House 14. It’s being sold to another investor. You may remember House 14–it’s the project I learned the most from during my entire four-year career as a real estate [...]

The Retail Strip Deal Is DOA

Well, my $$$ stayed in Vegas! I know it seems like we’ve been traveling a lot lately. We have. I definitely want to take a break from expensive vacations for a little while to catch up financially. And, no, we didn’t win anything, except lots and lots of free drinks. We had a blast anyway! [...]

Tulsa’s #2!

Check out this link from Expansion Management Magazine. They said Tulsa was the 2nd best (out of 40) real estate market for 2006! It looks like this was published mid-2006.
Trisha’s Coffee Fund

Uh-Oh, Structural Issues!

I picked up the inspection report and paid the inspection bill for House 16 last Thursday. They pointed out some areas of concern. #1 on the list said, “Substantial foundation cracking was observed at the west side of the house, the southeast corner, and at the back of the house. This implies that structural movement [...]

Forget Rich Dad! Meet Smart Dad.

Perhaps involving my dad as a negotiation consultant was a bad idea? I don’t know. No, logically, I know he’s right. I’ve got to keep my emotions in check here. It’s not personal–it’s business!
In the last couple days, the seller of the retail strip and I have been going back and forth with multiple counteroffers. [...]

Four Houses Sold!

Wow, I can’t believe it! We sold four houses (of the original six) that were under contract with one buyer. It only took a mere four months! There were many, many unfortunate issues with his lender. But, the delay was purely the fault of the lender, not the buyer. I went from excitement to anticipation [...]

The Deal’s On Ice

…Until tomorrow, that is. Here, at our house, we received about 2″ of ice accumulation! It wasn’t freezing rain, thank God, or we would have been one of the 95,000 households to lose power across Oklahoma.
I was scheduled to meet the seller of the retail strip at his Realtor’s office this morning at 11am. But, [...]

Creating Opportunities from Inconveniences

There are two critical qualities every investor must have—persistence and vigilance. If you allow frustration to get to you and give up too soon, you’ve probably missed the point of the challenge and a good opportunity to prove yourself. But, you also don’t want to be caught unaware. You could really get your butt handed [...]

My Dad’s A Genius

I have to give credit where credit is due. My dad came up with a plan that just might work on the retail strip battle I’ve been fighting with the seller.
Also, the seller is trying to play games with me a little. Yesterday, again, he had his Realtor call me at 9:30 am to leave [...]

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