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Comparing Mountains to Real Estate Inves tment

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COMPARING MOUNTAINS TO REAL ESTATE INVESTMENTS


"Our local real estate meeting broke up a little early so I took a detour from my normal way home, as California finally got a lot of extra water. Being a clear day, with no smog, up jumped those majestic Sierra Nevada snow capped mountains, which just happen to be in our back yard.

They were so pretty, the snow so low, I just longed to be there. Then I remembered that I had worked up there as a teenager in the winter and summer. A lot of neat things happened, but there was some discomfort. These mountains remind me a lot of investment real estate. They're awfully pretty to look at, but when you really get involved, some days it ain't so good to be there.

You take a creek, it's a good lookin' site just as a good income stream in real estate. But sometimes there's no snow or rain to keep the creek a running and a rising and it becomes a series of mud holes.

In real estate, investors must be prepared for economic drought . In the mountains there are peaks and valleys, kinda like real estate, right? The experienced hiker, like the experienced investor knows how to use them to their advantage. Of course you know how they got that experience, by their contemporaries, education, being trapped a few times and working their way out.

You've all seen these nothing down seminars touted on T.V. In the trade this is called leveraging.

Leveraging is like mountain climbing, the higher you climb up the cliff of financing the greater the chance of falling. We read where the economy in our area is growing rapidly, so there is hope for liquidating leveraged property.

Kinda like the snow on the side of the mountains, couple of flakes don't hurt, but as they continue to accumulate they become a real big pile and like the maintenance can cause an avalanche of problems.

You could also run into fire and floods (although I never did figure out how you'd start a flood)
At the 4000' level we will have to watch for rattlesnakes, they remind me of rent control, tenant associations,these you just walk around.

I think the mountains are pretty, but I just want to visit and move through them. Many would disagree, they have the knowledge and appreciate living there.

My friends and clients appreciate the appreciation they receive on their investments, plus the depreciation at tax time which shelters the income.

My boy is an avid backpacker and he and his friends have never had a major mishap, of course they are very experienced, map their route, and are familiar with the terrain. They have the proper equipment to see them though to trek, as well as a reserve of emergency supplies. They started with small ventures, and worked up to longer hikes, gaining experience and self-confidence along the way. They update their knowledge and equipment by reading the proper journals and meeting together to exchange their ideas.

My son's web page is
http:www.windwalker.info

As a beginning investor there are many seminars,books, periodicals, investor groups, internet to learn from. As your investments grow you should consider professional management as you are not limited to local investments.

Will Hansen"



After 67 years on this Earth...my Dad passed away Monday night...he introduced me to the mountains I love so much...when I was just a small boy.

Thanks Dad...I'll miss you.

last edited: 12/15/04 2:13:41 PM
Wind Walker
2:07:18 PM
12/15/04

Sorry to hear about your dad WW.
dayhiker
2:11:38 PM
12/15/04

Sorry WW.
Thanks for sharing his quote.
tarabull
2:13:50 PM
12/15/04

Thank you for that, WW.

God bless.

Doug
Gremlin
2:16:24 PM
12/15/04

Very sorry for your loss
Wounded Knee
2:16:46 PM
12/15/04

Sorry to hear about your father's passing, Wind Walker.
skiracer
2:21:48 PM
12/15/04

Sorry for your loss, Wind Walker.
bitpusher
2:23:36 PM
12/15/04

Time always heals, and you'll see him again. Prayers for your family.
techntrek
2:33:33 PM
12/15/04

So sorry for your loss WW. What a special person he must have been to have introduced you to your enduring passion for the mountains.
Creek Dancer
2:41:23 PM
12/15/04

Wind Walker, it sounds like your dad was proud of you. What a blessing and legacy he has left you. All of my heartfelt sympathy to you and your family.
wannabp
2:46:38 PM
12/15/04

Sorry for your loss.
Thanks for the peek at who your father was.
the-naviguesser
3:11:28 PM
12/15/04

Thank You All Very Much...
I appreciate your kind words.
Wind Walker
8:09:25 PM
12/15/04

thoughts and prayers are with you WW
EarthNsky
8:33:08 PM
12/15/04

I'm sorry WW.
Gemini
8:37:32 PM
12/15/04

I'm so sorry, WW.
treebait
8:48:43 PM
12/15/04

Your father was proud of you. That's obvious in his words. And what a comforting memory.

Remember that story you told me about when your dad was involved in the placement of that survey marker on Black Kaweah? --It's obvious to me you were proud of him too.

Go with God.

Peace, \o/


Black Kaweah, Red Kaweah, and Kaweah Gap
tekdude
12:43:49 AM
12/16/04

You were lucky to have a good Dad.
Tango
2:10:23 AM
12/16/04

God bless you. Take care of yourself.
Nimblefoot
3:31:47 AM
12/16/04

mike....i am very sorry to hear of your loss....
gonzo
5:22:46 AM
12/16/04

Sorry to hear of your loss. Sounds like you two had a very good relationship. God bless.
SlowPack TMac
8:25:49 AM
12/16/04

Thanks again for your thoughtfulness, I appreciate your kind words.
Wind Walker
2:09:16 PM
12/16/04

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