Good Quotes: Yo Chicago on Buying Property

Good Quotes: Yo Chicago on Buying Property

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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