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!
Another Trip to Experience the Big Three
Last weekend I attended the Miller/Schaub/Fortunato event in San Francisco, host by Michael Morrongiello's Bay Area Wealth Builders group. Had a great time and learned an awful lot, as this has become an expectation of mine. My friend Will, Cousin Randy and I left LA...
Hunting and Fishing
I received several emails yesterday from someone who had attended my probate seminar this past April at LAX. After beating around the bush with several replies back and forth, he finally got to what he was looking for. It seems that his idea was that I would feed him...
“Vultures” – an Ode to Victimization
Recently, I read a post on one of the R. E. discussion boards from a homeowner named 'Alice' who at the time, seemed to me to represent the mentality of perhaps hundreds of thousands of borrowers angry about loosing their homes and looking for someone (like investors)...
Sometimes you just gotta walk away
I've never lost sleep about a deal I didn't do. That's always been true, even if someone else came behind me, bought it, and made a ton of dough. After all, what's peace of mind worth to you? On the other hand, we don't make money if we don't make offers and do...
Door knocking basics – part 1
If you're circling a property, especially ever-smaller concentric circles but don't result in putting your knuckles to the wood, you'll never have any success until you get over the fear of talking to strangers. My parents even told me, "don't talk to strangers." ...
My First All Day Probate Seminar
On Saturday 4/18/09 a group of over 100 probate investor fanatics filled the room at the Sheraton LAX to listen to my "53 Ways and Plays to Probate Profits" talk. I'm grateful for all those that attended and hope that everyone got lots of wonderful, twisted profit...
Foul Winds and Goulish Goulash
OK, this has nothing to do with foreclosures, but it's a good illustration of never making assumptions. Earlier tonight, as I walked outside my home, I could smell the sweet but foul odor that occurs maybe once or twice a year. I try to put it out of my mind but it's...
Managing C.L.R.’s (crappy little rentals)
You might as well know that I've mostly avoided rental properties. Yes, I have had (and do currently have) a large number of single family homes, however, I've tried to justify my fleet of empty houses as "pending disposition." While that might be accurate, it's not...
Working deals
If you received a call from a motivated seller today, who's willing to sell you "his" property for 50% of market value if you'll commit today, would you be prepared to make the offer? What if he tells you that there's a catch (you were expecting this, right?) and the...