So we’ve got all these outstanding low-interest mortgage loans. Many thousands of homeowners in Denver alone have secured rates between 2.5 and 4 percent. Some such loans are now 10 years old. Meanwhile, with new home loans offered between 6 and 7 percent, nostalgic buyers long for the days of more affordable financing. It’s especially …
I was walking the dog at sunset on a Tuesday. I entered South Table Mountain Park, near my home, from the park’s northeast corner. From the opposite corner, near the baseball diamond, I could hear an occasional metallic crashing sound, followed by uproarious laughter. It was too dark to see what was going on. Spirit …
Well at last, I’m on Tiktok. I mean “on it” as a producer. I am a creator, as they say, posting content on a recurring basis and not just consuming it. I say recurring because my first video went up yesterday. The second one is in the can and ready to post today. From here, …
Sometimes a Great Cesspool, TikTok is Here to Stay Read More »
My clients Erik and Elizabeth are now renting the home they owned and occupied for the past five years. Last week they sold the property, a 5BR ranch just south of Strasburg. A Post-Closing Occupancy Agreement allows them to stay rent-free through September. The home is not just “ranch style,” as I said in the …
Real Estate Success, First-Generation American Style Read More »
The economy may be in recession. Interest rates are high and may be heading higher. Real estate showings and sales have slowed, and Denver prices are off from their peak of a few months ago. But unemployment is very low and just about everyone who wants a job, has one. People are jumping jobs like …
For the small scale real estate investor, landlording is a big thing. The ability to own income properties, and willingness to rent them out, can be a significant contributor to personal wealth. But not everyone is willing to handle the hassles. “Trash, tenants, and toilets” is a catch phrase often cited as reason to resist …
In a mean world, it is often difficult to come up with something—anything—that is uplifting and positive, to fill the space of this modest monthly blog. But this edition is that. It’s a tribute to my high school cross country and track coach from the 1970’s, Gene Laulunen, who recently died near Chicago at …
At a local pub near my house, someone keeps playing “Cattle Call” on the jukebox. Cattle Call is a yodeling sort of cowboy song made famous by Eddy Arnold in 1944. A group of songwriters once named it one of the Top 100 Western songs of all time. It has been playing at the pub …
My Uncle Walter owned a few rental properties in Milwaukee. Single-family homes, mostly, which he bought in the 1970’s. He managed the properties himself, often crawling under kitchen sinks to fix the plumbing or replace the garbage disposal—invariably with little or no skill. Aunt Catherine would say, “Why don’t you hire somebody for that?” He …
