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  1. SteveO

    The big recession. What a waste

    REAL ESTATE 
    Many of you know the story of success and collapse that I went through. Well, I just did some quick math on what I would have had minus the collapse. 1,300 apartment units 200,000 per unit at todays pricing 260,000,000 valuation This is assuming that i did not buy or sell anything. Just...
  2. SteveO

    Earning $500/day - no tools, money, nothing...

    MINDSET 
    View: https://youtu.be/7F4zzw02dX0
  3. SteveO

    Annoyance...

    MINDSET 
    Another hot summer day in the desert. I like to run in the mornings but need to walk the dog first. He is more heat sensitive than I am. Today I woke up late. It was already getting hot outside when I took the dog out. We stepped out of the yard and my dog bolted after a couple of coyotes...
  4. SteveO

    Apartment Valuation Watch

    https://www.globest.com/2020/06/15/multifamily-rentals-continue-slide-in-may/?kw=Multifamily%20Rentals%20Continue%20Slide%20in%20May&utm_source=email&utm_medium=enl&utm_campaign=multifamilyalert&utm_content=20200615&utm_term=rem I am continuing to watch this trend. Not sure if it will lead to...
  5. SteveO

    Race to the bottom

    This article provides information and speculation on what I feel is coming down the road...
  6. SteveO

    Another Virus Post.. Keep the "Big Boy" pants on.

    OFF-TOPIC 
    This is my first response to this issue. The ONLY thing that really matters about this topic is our response as a world of people. The rest of this is just nonsense. Our world has always been filled with disease, violence and threats from disasters. Humans are only a protected species as...
  7. SteveO

    Are some of us "Greats"?

    MINDSET 
    This was pulled from another thread. It seems like it may have some value to discuss. I really appreciate the fact that you call and label me as one of the greats. My daughter called me a legend here on the forum also. But I'm not. I am not infallible. We have all been kicked and bounced...
  8. SteveO

    Time to plan for the next RE phase

    I've been talking about retirement and moving in that direction. But my plan all along has been to wait for the market cycles to change. I want to jump in for one more cycle. After watching certain cities go through a very irrational jump up in prices, they will become my target as they go...
  9. SteveO

    New Project... Sorta

    Hey All, I have been working on obtaining access to my 40 acre property. It has taken a while but I finally closed the deal on the premium access point. Along with it, there was another 10 acres. I now have a total of 54 acres on the side of a mountain. Only 10 minutes away from the golf...
  10. SteveO

    Hurricane Michael

    PEOPLE 
    @Get Right and any others that are in the path... Get Safe! @Vigilante will hopefully miss most of the wrath. You are right on the ocean, right?
  11. SteveO

    Retail Strip Center Sold

    I should probably wait a week or two before posting this. But, I am sitting in front of my computer with a bit of free time. I am about a week from selling my commercial property. There are many mixed emotions as I originally thought this was my retirement. Plans change though. The golf course...
  12. SteveO

    Angel Investing

    @JScott . Do you have any quick pointers or places to go to learn more about this?
  13. SteveO

    Land Game (Lot Splitting and Investing)

    I don't know if any of you remember this story. I met a guy on one of my softball teams that made a lot of money on land. He had owned, parceled, and in few incidents done some development. His main game was land and division. I sat down with him for a couple of hours and he went through some...
  14. SteveO

    Just got back from a trip to the Masters

    MINDSET 
    What an experience! The setting, services, crowds... unbelievable. The whole place oooozed money. Tickets cost thousands. We were provided two tickets for one day with transportation to and from the event. We were also provided a room in a large house that had multiple hosts keeping us...
  15. SteveO

    Do you get discomfort?

    MINDSET 
    How often do we find ourselves in situations where we are bothered by people in our environment? Someone asking direct questions, sprawled against you in a plane, acting incoherent or loud, pushing hard in a negotiation, making judgmental comments, or maybe just staring down their noses at...
  16. SteveO

    Pre or Post Summit Activities

    MEETUPS 
    For starters, Golf. My course is about 2.5 hours from Scottsdale. @Get Right and I are interested in playing a round. Who else might be interested?
  17. SteveO

    Taxation smack upside the head

    TAXES | REGS 
    Clearly I don't follow along with happenings as well as I should. I called my accountant to help with understanding the taxes that should be expected if I wanted to cash out of the commercial building. As we went through the list.... one stood out.... about 80K to the affordable care act...
  18. SteveO

    Laser Focus?

    MINDSET 
    Focus is good. Being in tune to what needs to be accomplished and remaining on track to get it done. But, sometimes we can be so focused that the obvious things taking place around us are missed. We train our eyes to see what we want while so much goes unnoticed. The same happens with our...
  19. SteveO

    Lots of Newbies... Let's take it easy on them while they learn

    MINDSET 
    Hey Gang, The new book is bringing new people to the forums. Many of them are reading the information and attempting to grasp the concepts. For some people, this process takes a long time. There are a lot of beliefs that come with the scripted life and most cannot just toss these ideas out...
  20. SteveO

    Pity for Society

    OFF-TOPIC 
    I hope this does not come across as political or lead to any related discussion. But.... Did anyone else feel sorrow watching video and seeing pictures of the masses running away from the recent attacks? Just a few people with knives. Are we happy to have saved our own asses while the weaker...

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