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The Basis of Power

By Jeffrey S. Watson Dear Anna, Political power comes from two things: people who vote, and people who contribute. It is from those groups that you get people who take political action, which is the purpose of my “Housing HERO” list. I would like each of you to reply to this email with answers to these questions: Are you registered to vote? Do...

The Importance of Cash Reserves

By Jeffrey S. Watson Recently, I spoke to a group of real estate investors about buying properties using a creative financing method. Some of the questions asked reminded me how crucial it is that real estate investors have cash reserves to deal with the unexpected. I consider cash reserves to be “Murphy’s Law repellant” (anything that can go wrong will go...

The Latest Edition of reiaSENSE

Fee what?: The Pacific Legal Foundation in yet another Constitutional victory for property owners and businesses alike, won a groundbreaking case at the U.S. Supreme Court. The case focused on impact fees and the conditional approval of a fee in order to receive a building permit. The 9-0 case set a clear precedent that municipalities are definitely restricted from this...

The Importance of Cash Reserves

By Jeffery S. Watson Dear Anna, Last weekend, I spoke to a group of real estate investors about buying properties using a creative financing method. Some of the questions asked reminded me how crucial it is that real estate investors have cash reserves to deal with the unexpected. I consider cash reserves to be “Murphy’s Law repellant” (anything that can go wrong...