BDF Realty’s Blog

“(Warren) Buffett famously bought $5 billion worth of BofA’s (Bank of America’s) preferred stock and warrants in 2011 in the aftermath of the financial crisis, shoring up confidence in the embattled lender struggling with losses tied to subprime mortgages.” 7/30/24 CNBC.com article by Yun Li   “The Charlotte Regional Business Alliance reported about 113 people moved to the Charlotte...

In this month’s edition, we have a riveting property management fairy tale!  Once upon a time in a nice, far-off place called “Charlotte, NC”, a nice landlord put a nice, vacant rental house on the market.  Now the market was not too hot, not too cold, but just right…   The next day, a nice rental application was submitted for it.  And the day after that, another nice rental application...

“If it is possible, as far as it depends on you, live at peace with everyone.” Romans 12:18   I remember when I started my first “real” sales job.  It was all about making quota, that is reaching (and hopefully exceeding) the required number of sales my company wanted me to achieve each month.   Now, for me, working in sales was hard.  And doing sales in New York City was even...

“King David rose to his feet and said: “Listen to me, my fellow Israelites, my people. I had it in my heart to build a house as a place of rest for the ark of the covenant of the Lord, for the footstool of our God, and I made plans to build it. 3 But God said to me, ‘You are not to build a house for my Name, because you are a warrior and have shed blood.’” (1 Chronicles 28:2-3)   “If you fail...

I remember several years ago my out-of-town, 6-year old niece was coming to visit.  My wife wanted to make sure that she had a great time, so we were brainstorming a list of activities:   Bowling?  No, that could be done anywhere. Movies?  Same thing. Family board games?  No, she might beat us… Hiking?  Not a bad plan, but…   How about going to Carowinds, the local amusement park?...

Sports betting became legal in North Carolina on March 11.  This may be news to non-residents.  To residents, it’s been hard to miss the blatant and ubiquitous advertising bombarding us both in real life and digitally.  My 10-year old son starting asking me about sports gambling after repeatedly seeing billboards on the interstate.   Son: Dad, what’s a 5-team parlay?   Dad: It’s a...

“What a jerk!  All he has to do is just sign his stupid name to ONE football and it would mean the world to Little Johnny.  But instead he needs to hurry to the locker room to recount his millions of dollars!” (Reaction of many parents after their child’s autograph request is snubbed)   I was talking to a local college football player (a kicker, if you must know) about what he was doing...

My wife and I were looking at renovating our primary bathroom so we had someone come in and give us a quote.  We weren’t looking for anything overly-extravagant; I’d say it was much more on the practical side of replacing some older bathroom pieces.  I thought the proposed work was relatively basic and was more concerned about the inconvenience than the cost.  Then the quote came in around...

“Cleanliness is next to godliness.” (attributed to several authors)   “We feed the eagles and starve the turkeys.” (Heard in several sales job interviews circa 2000)   I have to admit that I’m a fan of the television show, Shark Tank.  For the uninitiated, it’s a show where entrepreneurs pitch their companies to several accomplished business people (the “Sharks”) in order to entice...

“…the Chiefs quarterback opted to go big with his show of appreciation for his offensive line with this year’s presents.  Mahomes hooked up his protectors with sets of TaylorMade golf clubs, complete with custom bags featuring their jersey numbers and a box of balls for good measure.” (Nick Selbe in Sports Illustrated: 12/21/22)   “Hi, I’m Dan Marino, and if anyone knows the value...