August 18, 2026 3 min read
Where to be Overpaid for Risk & Underpay for Capital
I am writing about investing dollars – and receiving dollars – in real estate, and seeking to answer two questions: Where are you Overpaid for Risk as an Investor? Where are you Underpaying for Capital as a Sponsor? Overpaid for Risk There are often times when Investors have the chance to be Overpaid for Risk. These occur usually as a result of extraneous factors, including: Media over-hype/under-hype holds sway A major challenge to the asset class Investors are shunning the asset class, making capital raising difficult General macro forces, such as political unrest, etc.
Read MoreJanuary 21, 2026 4 min read
Smart People Do Some Dumb Things
I will start with an all-too-common scenario: I’m really smart, and I work hard in high school. I bust my butt and get straight A’s. I mean it is high school after all. This gets me into a top college. So, I go to that college but I have to work even harder now since my competition – the other kids – also crushed it in high school. By simple math, my competition is a lot harder, i.e. the best of the best from high school. But I am the Energizer Bunny, so I keep on going. I get straight A’s again. What happens next?
Read MoreOctober 15, 2025 5 min read
Where to be Overpaid for Risk
My belief is that real estate investing – and logically all investing – can be broken down to just four words: Being Overpaid for Risk I know I have said this many times before in a bunch of articles; however, it is a theme I do believe in, so I will continue with it.
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