Back South Again with More Projects

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A lot of driving. I have forgotten how much driving is involved when on the farm. Everything is far. But I also had to drive up and back twice to Syracuse to pickup/drop off Angie at the airport and a business meeting for Wisdomino in Albany. Yeah it was a lot of driving for me. All and all it was about 4000 miles in three weeks. Early in the morning I decided to check out some auctions (dangerous). I ended up being high bidder on a 2015 New Holland Boomer 33 ( "hours unknown, does not run, may have problems, no key, no battery" ) from the State of Tennessee. I figured I could swing by Nashville and pick it up on the way to Georgia. And indeed I did. It was only a couple of hours extra, maybe 4. But, it was more efficient than going to Georgia and then back and forth to Nashville. Nashville is about 4 hours from Duluth. So I was looking at a 4 hour savings. After I go through it and getting if working I will tow it up to the farm in NY. I wasn't prepared for a trac...
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DJ and I toured the CNN studios in Atlanta Sunday.

I almost bought a house last week in Duluth. I wasn't quite fast enough on the trigger. Someone else got the deal a few hours ahead of me. There are some really good deals out there when you are bottom fishing like me.

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David said…
Maybe you are already dealing a lot with real estate but if not: the other day I read the bestseller 'Rich Dad, Poor Dad' where it's a lot about real estate as a good way of investing. I don't know anything about real estate but it was kind of an eye opener because -as it seems- real estate, when bought for your own use instead of for renting it out and for making money off of it, is actually rather a liability than an asset. Kind of turns the whole picture upside-down because one always hears 'your own house is your best asset'. Surely that can be true, but it seems as if in most cases it's rather a liability (in the meaning of a big to huge financial burden), at least for many to most.
6:35 AM
Charles said…
Contrary investing and true liquidation value.

One of the truly unique things about real estate is land. Land cannot be depreciated. Why is that? Can a particular structure on a piece of land make the land more valuable?

Investment in a car has a terrible ROI except when you take into account that the car is getting you to work, right?

As usual I feel I am being cryptic. I really don't mean to be.
7:18 PM
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Back South Again with More Projects

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Image
A lot of driving. I have forgotten how much driving is involved when on the farm. Everything is far. But I also had to drive up and back twice to Syracuse to pickup/drop off Angie at the airport and a business meeting for Wisdomino in Albany. Yeah it was a lot of driving for me. All and all it was about 4000 miles in three weeks. Early in the morning I decided to check out some auctions (dangerous). I ended up being high bidder on a 2015 New Holland Boomer 33 ( "hours unknown, does not run, may have problems, no key, no battery" ) from the State of Tennessee. I figured I could swing by Nashville and pick it up on the way to Georgia. And indeed I did. It was only a couple of hours extra, maybe 4. But, it was more efficient than going to Georgia and then back and forth to Nashville. Nashville is about 4 hours from Duluth. So I was looking at a 4 hour savings. After I go through it and getting if working I will tow it up to the farm in NY. I wasn't prepared for a trac...
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