Gregg's Blog

My Kind'o Luck - Kiss a lot of Frogs    Someone made a comment to me yesterday that got me to thinking about preparation. He said to me, "Man you were lucky to find that deal," referring to a property that I was looking at that had all the right combination of cap rates, location, and "the right ...

Volume 6 Number 10                                           April 14, 2008   I Just Got Here...What Happened?    I think my father was a Henny Youngman understudy. By the time Dad was in his nineties, we weren't laughing at the jokes he was telling as much as we were laughing at how funny the j...

RISK vs. RISKY BEHAVIOR     I was in a real estate chat room the other day and read a statement by one of the contributors about all real estate investments being risky.  Somebody replied with "no risk = no gain".  This got me to thinking about the investments that I have and how much risk is inv...

YOU FISH WITH WORMS, DON'T YOU?"  I was reading one of my favorite motivational books recently, "How to Win Friends and Influence People", by Dale Carnegie; Simon and Schuster 1936. (Yes, 1936, and as relevant today as it was when it was written).  He writes in his third chapter about how he love...

         No news reporter has the inside scoop, the full story, or the total background. They are, by definition, outsiders. Years ago, when I was living in Cincinnati, I attended a business luncheon and the key note speaker was a local reporter turned politician by the name of Jerry Springer. (T...

Ok. Let's talk IRR - Internal rates of return - on a real estate investment. I have previously covered CAP rate.  (Click Here) You might want to start by reviewing that post. When I first started buying rental properties here in Fort Myers, Florida, I never used CAP rates to compare properties. I...

I recently have joined a Web-2  blogging and networking web site called Active Rain. On Active Rain many Realtors post their Blogs. When looking at the number of hits that the leading  Bogs get and the blogs that are most commented on; I noticed that  blogs with "LISTS" like the "Top Ten of Anyth...

  Paralysis by Analysis in Real Estate I am sure that all of you have heard term "Analysis Paralysis" and even seen or experienced the phenomenon yourself. Whatever the decision that needs to be made, it is forestalled and in most cases avoided, by excessive analysis. As Realtors we see it all th...

COTTAGE BY THE SEA    There was a successful workaholic industrialist on his first vacation in many years sitting on his balcony at his hotel on the beautiful coast of Costa Rica. It was about 10:30 in the morning and he was working on his notebook computer answering the last few emails he receiv...

Ten (or so) Negotiating Techniques - Some Comments   I have been in sales almost all my life.  When I was eight years old I went door to door with a wagon and sold pachysandra plants that I grew from cuttings from my parent's yard.  I cut out a small advertisement from the New York Times that off...