Comments on: Investment Physics Are As Inevitable As Gravity — Defy Both At Your Own Risk http://bawldguy.com/investment-physics-are-as-inevitable-as-gravity-defy-both-at-your-own-risk/?utm_source=rss&utm_medium=rss&utm_campaign=investment-physics-are-as-inevitable-as-gravity-defy-both-at-your-own-risk Real Estate Investing Through Purposeful Planning Sun, 20 May 2012 02:11:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: BawldGuy http://bawldguy.com/investment-physics-are-as-inevitable-as-gravity-defy-both-at-your-own-risk/#comment-2475 BawldGuy Wed, 14 May 2008 16:39:44 +0000 http://www.bawldguy.com/investment-physics-are-as-inevitable-as-gravity-defy-both-at-your-own-risk/#comment-2475 Chris -- Mistakes I've made? Enough to write a multi-volume tome. Most mistakes I've been fortunate enough to observe from afar. I've earned my own scars though, as my own mistakes have cost me property. A seminar I took from an industry icon in the '70's spent an entire day of the three on case studies involving investors breaking the laws of investment physics. It was sobering to say the least. I've actually been challenged by a relative of a client when advising them NOT to execute a tax deferred exchange, but to wait another year or two. When told of this, I invited the relative to our next meeting. When I explained in great empirical detail how I was the one who was gonna end up making more money in an exchange than his little brother, he started talking about his stuff. :) Chris — Mistakes I’ve made? Enough to write a multi-volume tome. Most mistakes I’ve been fortunate enough to observe from afar. I’ve earned my own scars though, as my own mistakes have cost me property.

A seminar I took from an industry icon in the ’70′s spent an entire day of the three on case studies involving investors breaking the laws of investment physics.

It was sobering to say the least.

I’ve actually been challenged by a relative of a client when advising them NOT to execute a tax deferred exchange, but to wait another year or two. When told of this, I invited the relative to our next meeting. When I explained in great empirical detail how I was the one who was gonna end up making more money in an exchange than his little brother, he started talking about his stuff. :)

]]> By: Chris Lengquist http://bawldguy.com/investment-physics-are-as-inevitable-as-gravity-defy-both-at-your-own-risk/#comment-2474 Chris Lengquist Wed, 14 May 2008 15:57:01 +0000 http://www.bawldguy.com/investment-physics-are-as-inevitable-as-gravity-defy-both-at-your-own-risk/#comment-2474 If people just realized our advice comes from either A. Mistakes we've made that we don't necessarily want to admit. :) or B. Mistakes we've seen that others have made and we've seen or helped to clean up the fall-out. And for heaven's sake, I make money on a successful sale whether or not your property succeeds. If I'm recommending a "NO BUY" what should that tell you? If people just realized our advice comes from either

A. Mistakes we’ve made that we don’t necessarily want to admit. :)

or

B. Mistakes we’ve seen that others have made and we’ve seen or helped to clean up the fall-out.

And for heaven’s sake, I make money on a successful sale whether or not your property succeeds. If I’m recommending a “NO BUY” what should that tell you?

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