Freaky Real Estate on a Leash

Real estate can be freaky. Freaky good or freaky complex. I have some suggestions for making buying and selling real estate easier so you don’t end up feeling like a freak on a leash. Be deliberate. Sleep on your decision. Don’t get short term goal fatigue. Most business plans gather dust. Because they are filled ...

Real estate can be freaky. Freaky good or freaky complex. I have some suggestions for making buying and selling real estate easier so you don’t end up feeling like a freak on a leash.

  • Be deliberate.
  • Sleep on your decision.
  • Don’t get short term goal fatigue. Most business plans gather dust. Because they are filled with data that will never get looked at again. Set simple realistic goals.
  • BHAG – Big Hairy Audacious Goals. I read this in a book last year. Sorry, I can’t remember the title. But long term goals should be BHAG.
  • Assemble a team: Appraiser, broker, CPA, surveyor, finance and attorney.
  • Buy low, sell high.
  • Focus on ways you can make more $$, increase cap rate, or NOI. Where is property underperforming? Why? By example, renegotiate your 20 unit apartment building’s cable service. Lower bill, increase service. Other income.
  • Call MIMS. We’ll walk you through it and connect you with performance and service driven professionals.

BBQ: You don’t have to see the top of the staircase to take the first step. – Martin Luther King

BLT: Freak on a Leash by Korn