Good Quotes: Yo Chicago on Buying Property

Good Quotes: Yo Chicago on Buying Property

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Janel Laban
Aug 27, 2007

"First, be in love with it," was Tim's starting point. At the time, the advice struck me as unusual. Driving back to Chicago, however, I remembered that was the advice that savvy counselors used to give years ago, before the obsession with appreciation and investment value took hold.

Being in love with your purchase is a proxy for any number of better-articulated investment rationales. What it boils down to is this: if you're in love with the property, others will be too when it comes time to sell, and a positive outcome is far more likely than not. - Joe Zekas and Tim Anderson on Yo Chicago

Image: Magic Bean at Compact Impact

(Re-edited from a post originally published 04.23.07)

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