Archive for May, 2006
Next Entries »“Harvey MacKay Got It Right…”
Monday, May 8th, 2006Harvey Mackay is chairman and CEO of Mackay Envelope Corporation, an $85 million company he founded at age 26. Mackay Envelope has over 500 people and manufactures something like 23 million envelopes a day. Mackay, who is a graduate of the University of Minnesota and the Stanford University Graduate School of Business Executive Program, first [...]
“Real Investor”… or … “On Trick Toni”…?
Thursday, May 4th, 2006I’m hearing a lot of subtle grumbling from people about the “slowing down of the real estate market”, and along with it a fair amount of whining, and most of the whining is coming from the folks who just showed up at the real estate investor party.
First, the “real estate market” has not slowed down [...]
“Volunteering Your Life Away…”
Wednesday, May 3rd, 2006I have a very dear friend who is as honest as the day is long…
Is as hard working as they come…
Would give you the shirt off her back…
Next week she will be fired from her job, and one more stress fracture will probably show in her marriage because of it.
She is a great person, but [...]
“How to (Correctly) Value Real Estate…”
Tuesday, May 2nd, 2006WOW!!
I received a ton of feedback on yesterday’s post “Whose Profits Are They Anyway…?”
One of the best was from Scott who made the point that when looking at commercial deals, often the purchase price is based on projections of cash flow and that the Seller has the right to claim that the cash flow that [...]
“Whose Profits Are They Anyway…”
Monday, May 1st, 2006Just got through responding to an email from Jimmy, who was telling me how much he loves the blog and the postings on the Realinvestors site (http://www.realinvestors.com) in the Forums.
Jimmy then went on to ask me a series of questions that went something like this…
“…I see you have lots of stuff going on in [...]

