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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.

Comments

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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