Tag Archive: advice

October 4, 2016

Find Your Cardboard Box

Find Your Cardboard Box When our kids were little, like many North American millennial parents, my wife and I had a tendency to over provide our kids with the popular toys of the day. If Fisher Price made it, we bought it, albeit sometimes used. A eureka moment occurred for us when on one particular Christmas morning we noticed that our daughters, having opened all their gifts, lay on the living room floor playing – not with the toys –... View Article

January 18, 2016

Be Patient, Be Decisive, and Buy More Real Estate

My wife started a family tradition when the kids were quite young. Each New Years Eve, we would sit together, and jot down on our respective pieces of paper our personal goals -resolutions if you will- that we had for the coming year. Twelve months later we would repeat the process with the added amusement of reading what we had written the previous New Years Eve. The cramped jar has become a testament to my personal shortcomings, as a review... View Article

June 24, 2015

Compounding Interest

  Real estate investors, or those who fancy themselves to be, sometimes turn for inspiration and gumption to a poem entitled ‘Procrastination’. Penned by an anonymous author in 1918, Procrastination retells the fabled sale of Manhattan Island to Peter Minuet for $26 in 1626. The poem is written from the perspective of the second place bidder who walked away from the deal, deeming it too expensive. He knew the real estate market was over-heated, and determined he would wait for... View Article

October 1, 2013

A Bargain at Twice the Price

My father and I often recount stories from our business dealings – mine ongoing, his mostly recollective. Many aspects about how business is conducted today bears little resemblance to commerce in my fathers day. Though for as much as business may have changed over the years, some core principles remain steadfast. Chief among them, if you can trust a man’s handshake, you do not need his signature. Fortunately, and perhaps surprisingly to some, there are still a great many folks... View Article