Comments on Single Guy Money: Investment Property Search Is Over

Hey, I stumbled acroos your blog and I like what I...

2009-03-24T06:54:00.000-04:00

Hey, I stumbled acroos your blog and I like what I've been reading. My husband and I started investing in properties last year. Just out of curiosity, why would you want to tie up all your personal funds in a property when you're trying to reach a savings goal? If it were me, I would obtain a loan from a bank to purchase the property and just use some of my cash as a down payment. Sure you may

That stinks man! BUT - you're right, there are oth...

2009-02-26T12:17:00.000-05:00

That stinks man! BUT - you're right, there are other options out there and this one wasn't for you.

I once had a friend devistated that a house she bid on didn't go to her...and 3 weeks after the other owners closed on it (but before they moved in), it was hit by lightning and there was a horriffic fire.

Too many people are low balling properties right n...

2009-02-20T15:12:00.000-05:00

Too many people are low balling properties right now, and there are so many buyers out there with deeper pockets. We had the same problem. Most of these houses, at least here in Vegas, the initial asking price is about as low as you want to start with, and then go up from there depending on the number of offers on the table. In fact, here, the suggestion is that you go as high as you're

There's no rush right? You just have to pick and c...

2009-02-17T09:17:00.000-05:00

There's no rush right? You just have to pick and choose your spots, you're in this RE thing for the long haul and these events only teach you how to be a better investor. If you had more money, would you have committed it? Would it still have made financial sense? It's better to miss an opportunity than make a mistake (or turn an opportunity into a mistake!).

While I'm sorry that this property didn't work out...

2009-02-16T12:24:00.000-05:00

While I'm sorry that this property didn't work out, I'm sure that something even better will turn up.

Good job keeping a positive attitude!

Yeah, don't worry about it too much, another one w...

2009-02-16T05:40:00.000-05:00

Yeah, don't worry about it too much, another one will be along shortly. Also, I know lots of people hanging out for their ideal home, yet in reality you only make the home your own once you've moved in. Anyways, you'll get one soon enough.

well that blows...way to keep positive and in good...

2009-02-14T19:26:00.000-05:00

well that blows...way to keep positive and in good mind my friend :)

I believe things happen for a reason and I think i...

2009-02-14T14:01:00.000-05:00

I believe things happen for a reason and I think it must not have been supposed to happen. Also, I would be afraid to drown my savings. It will happen for you!

I also recently found an ideal investment property...

2009-02-14T12:11:00.000-05:00

I also recently found an ideal investment property but someone got there ahead of me. There will be other opportunities, now I am just motivated to get that much more financially ready. Good luck to you!

How unfortunate! Or, like you say, maybe it is for...

2009-02-14T09:43:00.000-05:00

How unfortunate! Or, like you say, maybe it is fortunate. In times like these, a savings account is definitely not a bad thing to have.