Real Estate Investors Tend NOT To Care So Much What Others Think

Of course I have no empirical evidence of this contention. However, dealin’ with real estate investors for over three decades, I’ve been able to observe certain personality traits repeat themselves. One of these is the so called ‘maverick’ gene. You know, when I was in high school, you either loved the Beatles or the Stones. The ones who didn’t care what others thought, went for the second tier, so called ‘cuz they weren’t the Beatles or the Stones. :)

The Cavern Liverpool

I liked the Beatles, but could take or leave most of their stuff. Same with the Stones. ‘Course, they both recorded songs that I still love today. Still, high school buds never tired of laughing at my musical taste — which they said was mostly in my mouth. Not so. I just had what Grandma always said was an eclectic taste in music.

Fast forward to the present, more or less. Unlike the Kingsmen who were almost the poster band for one hit wonders (Louie Louie), These guys have been around for years. Anyway, I like these guys. They do what they think is best and right, and let the chips fall, regardless of what others think.

Real Estate investors, especially California RE investors, might wanna stop listening to others out there, who keep tellin’ ya to just wait this market out. “It’ll come back, it always has, and it always will.”

Wrong, capital loss breath. San Diego, heck, California income property owners hafta hope the recovery brings with it massive long lived double digit appreciation. If it doesn’t they’re stuck for at least another decade before they’re even back to 2005. Still listening? Do what common sense and the simple math says to do. Get Outa Dodge Now.

Repeating what Grandma told me, “You should always do what’s right, regardless of what others think or tell you to do.” Movin’ your California equity to states far more friendly to your capital growth agenda, is the right thing to do — and the time is now.

Isn’t that the way it’s supposed to be? Just sayin’…

By the way, I particularly like the first lyrics. :) Credit for bringing these guys to my attention goes to Lani, a good and true friend.

Related posts:

  1. Why San Diego (California) Real Estate Investors Should Care About The Hardest Hit Markets
  2. San Diego Real Estate Investors Try To Avoid Saying ‘What Was I Thinkin” 5 Years From Now
  3. San Diego Real Estate Investors — How’s That Income Property Workin’ For Ya So Far?
  4. Off To Phoenix For Unchained — California Real Estate Investors Singing ‘Lie To Me’
  5. California Real Estate Investors: Music For You
About BawldGuy

I'm second generation real estate, first licensed in fall of 1969. Having been mentored by several iconic brokers, I'm also CCIM trained, having completed all 200 hours back in 1980. Have successfully executed well over 200 tax deferred exchanges, many of which have been multi-state in nature. Strong points are analysis and the creation and real world application of Purposeful Plans employing several strategies synergistically. The idea is to arrive at retirement with the most after tax income possible, backed by the largest net worth.

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Comments

  1. megan says:

    Hey pops, what up? I stayed home from work today and am getting rid of a ton of crap, which feels pretty good. Just wanted to stop by your site and say hola and I love you!

    Later Gator.

    Love,
    babydoll

  2. BawldGuy says:

    Hey! A day off? How’d you swing that? :)

    Love you too.

    Readers: ‘Babydoll’ is my daughter Megan. She’s a college student, finishing up and lookin’ to graduate soon. She’s also pretty much got Dad wrapped, as you may have already surmised. :)

  3. I’m glad you clarified…my mind was racing. And I’m not even going to comment on your Beatles and Stones take.

  4. BawldGuy says:

    Thanks for consistently crackin’ me up.

    Bet you had a poster of the Beatles in your room. :)

  5. Joshua says:

    Wow, my Mom hates when I send her an email rather than call her! I think she would have a heart attack if I posted to her blog out of the blue one day.

    That is.. if she knew what a blog was. So cool that you have a relationship like that.

  6. BawldGuy says:

    It is pretty cool, isn’t it? Thanks

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