Rick’s Irreverent & Erratic Rants
Irreverent, provocative and sometimes controversial
If you’re sick of the BS from twenty-something ‘experts’ who call you dude, and you’re hungry–no, making that starving–for real deal experience, field-proven strategies, tactics and techniques that really DO work AND peppered with the philosophy and wisdom only gained by many decades actively in business, then you’ve come to the right place. So get in, buckle up and hold on!
Really Messy Probate with Title Twists
“Each heir had received an undivided 20% interest in the property, however only one of the heirs lived in the property”
You can learn a lot from the “Rockford Files”
Actor James Garner has passed away at age 86. Garner played some great roles in some exceptional films and TV series, however none stood out more for me than his Jim Rockford, Private Investigator character. A guy with a troubled past, often broke and living in a...
Crunch time!
Are you prepared for when you’re “in the crunch?” If you deal with any kind of an opportunity with a drop dead date, you’d be wise to be very familiar with all the documents required to sign up your prospect and control the deal. This is especially true of property in...
“Are you knocking or tagging?”
If you are serious about finding super-bargain property deals by direct contact marketing (aka door knocking) it’s important to understand that most real deal are not made by merely “tagging” the door by quietly tapping on the door or screen or maybe…
“Find Hidden Cash”
Really, it was inevitable. Someone decided to share their good fortune in real estate development profits. The anonymous donor has placed cash in envelopes and small containers here in the L.A. Area and turn a generous Easter Egg- like Hunt into a media frenzy, by...
Who is a principal?
Who is a principal? Continuing with our PETIO formula, I want to spend some time on title. Its a little word, however it has big implications. Most people think of title merely as being the owner of something, as in the owner of real estate. When you look at real...
Deciding to decide
Three frogs were sitting on a log. If two decided to jump into the pond, how many are left? Correct answer: three. The two only decided to jump. A decision is not action A while back, I used to go on long runs the late afternoon that would take me through many...
Do you really know what you’re looking for?
If you're looking for bargains, even super-bargains, you ought to be looking for either equity at a discount or cash flow at a discount. That’s it! This is the "E" in P.E.T.I.O., the acronym that I use to set up and organize virtually every deal that I look at. While...
It’s Door knocking Season
The single most profitable activity that I do is to personally knock on the door and speak directly to a principal. It's also the fastest way to find profitable deals. By principal, of course, I mean a person who has the ability to do business with me. The could be a...
Are orphan properties on your radar screen?
You know the property. There seems to be one in every community, no many how expensive. Several years ago I had on my street in a seven figure neighborhood. This one even had private tennis courts! If you signed up for my Hunting Club offer, downloaded and read my...
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