Charlotte Property Management Weekly: Lies, Damn Lies, & Rent-To-Own Statistics: 5 Ways to Increase Your Odds of Sale
“I’m sorry. My Broker-in-Charge does not permit us to do lease options. She said the percent of people that actually purchase is 8%.” (Charlotte Realtor)
“Statistics are like a drunk with a lamppost: used more for support than illumination.” (Winston Churchill)
Wow- 8%! I still can’t get over that figure.
Learn MoreCharlotte Property Management Weekly: Hoop Dreams & Lottery Ticket Listing Agreements
“Sure your home will sell. Besides (wink, wink), do you really want some dirty tenant destroying your house and using the would-be rent money to up fit their new meth lab?” (“Aggressive” Charlotte Realtor pushing for a “sale only” listing agreement)
“Everything became pretty clear at that moment. Being a rock star looked like a great job.” (Singer Tom Petty reminiscing about meeting Elvis Presley as an 11-year old)
Learn MoreCharlotte Property Management Weekly: “(Real Estate) Investing with the Stars”
“What do I look like to you? A moron? Don’t answer that… But seriously, my real estate investment properties are illiquid and have declined in value. You still say I should double down?” (Charlotte Real Estate Investor)
“Buy straw hats in the winter…” (Russell Sage, Wall Street Financier)
Buying (and selling) at the right time is the heart of many popular Wall Street mantras on how to become wealthy
Learn MoreCharlotte Property Management Weekly: Tenant Tradeoffs: Another Piece of Chocolate Cake or Look Good With Your Shirt Off?
“I don’t like the prior bankruptcy on this prospective tenant, but they make great income. The other tenant has a 430 credit score, but has perfect landlord history. Should I accept either into the property?” (Charlotte Property Manager)
“If you can’t be with the one you love, love the one you’re with.” (Crosby Stills Nash & Young)
One of the main things I learned during my MBA classes was that business, like life, is all about tradeoffs.
Learn MoreCharlotte Property Management Weekly: 5 Signs the “Home Sales Swine Flu” Has Infected Your Rental Market
“Yes, I would like some cheese with this whine. Thanks.” (Brett Furniss, Charlotte Property Manager and author of Charlotte Property Management Weekly)
“President Obama has declared the swine flu outbreak a national emergency…” (Charlotte Observer, 10/25/09)
Swine flu is now officially both a national emergency and a pandemic! I’m not entirely sure what that means, but it sounds pretty bad and pretty official.
Learn MoreCharlotte Property Management Weekly: “Sully Love”: Customers Will Like You More if You Fly Them into the Hudson River?
“I messed up. I placed a tenant into an owner’s home and they wound up tearing it up and not paying rent. There is no way they will ever hire me again…” (Charlotte Property Manager)
“It was crazy, you see. I took off and then two hours later, I landed in Charlotte. I guess technically you could say that I did my job. But the guy who crashed into the river, no, he’s the hero. It’s weird, right?” (Bitter Captain Roger Baines, played by Jason Sudeikis- Saturday Night Live Weekend Update Thursday- 10/2/09)
Learn MoreCharlotte Property Management Weekly: Obama’s Entrepreneur-less Recovery Plan
“Too big to fail.” (President Obama)
“…(Then US Treasury Secretary Alexander) Hamilton regarded the national debt as ‘a national blessing,’ for it permitted the clustering of resources into the hands of a small group of enterprising men who would invest and not just spend it.” (Founding Brothers by Joseph J. Ellis)
Learn MoreCharlotte Property Management Weekly: How Rudy Giuliani Gained Market Share during 9/11
“I just spoke to that guy last week; he was going to look at houses with me. Now he won’t take my calls and has reportedly been cavorting with a member of another realty firm. Scandalous!” (Unhappy Charlotte Realtor who just lost a client)
When the September 11th tragedy happened, everyone was shocked. I was living in New York City at the time and was up in Stamford (CT) that morning on a sales appointment. It was surreal.
Learn MoreCharlotte Property Management Weekly: Controlling the Public’s Thoughts About You: The Michael Bloomberg Way
“I am the best Realtor in town! Why can’t anyone figure it out?” (frustrated Charlotte Realtor)
Michael Bloomberg, the current Mayor of New York City, came to fame as the founder of Bloomberg, LP. His company builds and maintains data terminals for members of the financial community who need access to real-time financial data. He built this from nothing to a $10B+ company in around 20 years.
Learn MoreCharlotte Property Management Weekly: Sarah Palin- A Huge Rent-To-Own and Seller Financing Fan?
“I need to do something to sell my empty house NOW.” (Unhappy Charlotte Landlord)
Moderator: “Who do you think was at fault? I start with you, Gov. Palin. Was it the greedy lenders? Was it the risky home-buyers who shouldn’t have been buying a home in the first place?”
Sarah Palin: “Darn right it was the predator lenders!” (VP Debate vs. Joe Biden 10/2/08)
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