Comments on: What If I Told You… http://bawldguy.com/what-if-i-told-you/?utm_source=rss&utm_medium=rss&utm_campaign=what-if-i-told-you Real Estate Investing Through Purposeful Planning Tue, 07 Feb 2012 00:40:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: BawldGuy http://bawldguy.com/what-if-i-told-you/#comment-3345 BawldGuy Thu, 18 Dec 2008 00:17:20 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3345 Much appreciated, Susan. Don't be a stranger, OK? Much appreciated, Susan. Don’t be a stranger, OK?

]]> By: Susan/Unique Business Opportunity http://bawldguy.com/what-if-i-told-you/#comment-3344 Susan/Unique Business Opportunity Thu, 18 Dec 2008 00:12:17 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3344 I don't think I have any questions at the moment, but I sure get a kick out of the way you write and reading your posts I don’t think I have any questions at the moment, but I sure get a kick out of the way you write and reading your posts

]]> By: BawldGuy http://bawldguy.com/what-if-i-told-you/#comment-3343 BawldGuy Wed, 10 Dec 2008 17:23:31 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3343 Fair enough, it is your turn after all. :) Fair enough, it is your turn after all. :)

]]> By: Robert Coté http://bawldguy.com/what-if-i-told-you/#comment-3342 Robert Coté Wed, 10 Dec 2008 15:16:57 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3342 Okay, but this time I get to play the front end of the horse. :-) Okay, but this time I get to play the front end of the horse. :-)

]]> By: BawldGuy http://bawldguy.com/what-if-i-told-you/#comment-3341 BawldGuy Wed, 10 Dec 2008 01:24:27 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3341 You and I oughta take our act on the road. :) You and I oughta take our act on the road. :)

]]> By: Robert Coté http://bawldguy.com/what-if-i-told-you/#comment-3340 Robert Coté Wed, 10 Dec 2008 00:38:03 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3340 <i>An average quality decision on an exchange almost always proves superior to taking a sale sans the tax deferment.</i> Ohhh, ooh! I know this one, it goes: A sufficient decision timely beats even the very best answer too late. An average quality decision on an exchange almost always proves superior to taking a sale sans the tax deferment.

Ohhh, ooh! I know this one, it goes:
A sufficient decision timely beats even the very best answer too late.

]]> By: BawldGuy http://bawldguy.com/what-if-i-told-you/#comment-3339 BawldGuy Tue, 09 Dec 2008 22:23:26 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3339 Don't we all hate that pesky Monday morning quarterbacking we do to ourselves? I don't go to the extreme of not closing sales without having my upleg(s) in place, but I do know they're there beforehand. The lesson I learned long ago, was that an average quality decision on an exchange almost always proves superior to taking a sale sans the tax deferment. Again, 20/20 hindsight, right? Don’t we all hate that pesky Monday morning quarterbacking we do to ourselves?

I don’t go to the extreme of not closing sales without having my upleg(s) in place, but I do know they’re there beforehand. The lesson I learned long ago, was that an average quality decision on an exchange almost always proves superior to taking a sale sans the tax deferment.

Again, 20/20 hindsight, right?

]]> By: Robert Coté http://bawldguy.com/what-if-i-told-you/#comment-3338 Robert Coté Tue, 09 Dec 2008 18:40:50 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3338 "I can’t improve on that. Well said." Thanks but you can and often do do better. You can explain how to distinguish twixt investment and asset control and speculation for one. I'm still disappointed at my failure to 1031 in 2006 for some properties. I couldn't identify and schedule a viable deal within the time constraints. I'm still way ahead of holding but also well behind reinvesting. “I can’t improve on that. Well said.”

Thanks but you can and often do do better. You can explain how to distinguish twixt investment and asset control and speculation for one.

I’m still disappointed at my failure to 1031 in 2006 for some properties. I couldn’t identify and schedule a viable deal within the time constraints. I’m still way ahead of holding but also well behind reinvesting.

]]> By: BawldGuy http://bawldguy.com/what-if-i-told-you/#comment-3337 BawldGuy Tue, 09 Dec 2008 17:54:43 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3337 Robert -- I can't improve on that. Well said. Timing the market, any market is the punch line to a joke. How do you make a small fortune in real estate? You start with a large fortune, and 'time' the market. Robert — I can’t improve on that. Well said. Timing the market, any market is the punch line to a joke.

How do you make a small fortune in real estate?

You start with a large fortune, and ‘time’ the market.

]]> By: Robert Coté http://bawldguy.com/what-if-i-told-you/#comment-3336 Robert Coté Tue, 09 Dec 2008 17:43:40 +0000 http://www.bawldguy.com/what-if-i-told-you/#comment-3336 When preparing for first flight of experimental aircraft the hard and fast rule was "24 hours." You finish the vehicle and leave it alone for 24 hours. If you decide in that time that there is something that just must be changed you reset the clock until you can actually leave it untouched for 24 hours. Works for investments although the 24 hours could be days or whatever reflects the circumstances. Nothing increases the chances of a crash and burn than last minute decisions/changes. Best, you can backtest for free. Would this exact same deal have been better if executed last month? Think rental quads in Charlotte [yes]. See? Well then the other side of the coin, if it is a better deal now and you'd already be regretting having done the then deal of last month you realize you aren't exactly investing but timing and that the deal wasn't just an investment. Fine for some, I'll stick to investing. When preparing for first flight of experimental aircraft the hard and fast rule was “24 hours.” You finish the vehicle and leave it alone for 24 hours. If you decide in that time that there is something that just must be changed you reset the clock until you can actually leave it untouched for 24 hours. Works for investments although the 24 hours could be days or whatever reflects the circumstances. Nothing increases the chances of a crash and burn than last minute decisions/changes.

Best, you can backtest for free. Would this exact same deal have been better if executed last month? Think rental quads in Charlotte [yes]. See? Well then the other side of the coin, if it is a better deal now and you’d already be regretting having done the then deal of last month you realize you aren’t exactly investing but timing and that the deal wasn’t just an investment. Fine for some, I’ll stick to investing.

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