The Skinny: The real estate world likes to preach the “location, location, location” aphorism but in reality it is overrated and often irrelevant, good real
Category: INVESTMENT PHILOSOPHY
The Skinny: Only buy deals that look great in a base case, reasonable in a downside case, and fantastic in an upside case. My Lightbulb
The Skinny: Replacement cost is how much time and money it takes to build new buildings and should play a central role in your market
The Skinny: Never lose focus on the big picture by getting lost in the details, because details can be as distracting as they are important.