While in my early 30’s, I entered into an agreement to purchase a motel in Atlanta. The property was owned by a Real Estate Investment Trust (REIT) and it was agreed that they would provide seller financing for 70% of the purchase price. That was a nice incentive for me to buy it, in addition to the fact that I believed I could ‘turn around’ the motel that, for the previous number of years had an occupancy rate of less than 20%. I knew that with my marketing skills and the

I think it’s safe to say that many of us may have a different way of doing things from things we were taught by our fathers. As children, I imagine that the majority of us scoffed at some of the things our fathers attempted to teach us. As a child, I had some of these thoughts and, at times, I even thought I was smarter than my father about some things. But, as I grew older, it was quite interesting how much wiser my father became! Here is a list of wise teachings that ha

In the mid 80’s, after having been a partner of a flea market in the mid 70’s for a short while, I sensed that there was an ever-increasing demand for a venue where “moms and pops” could sell their various merchandise as well as a place where people who wanted to dispose of unwanted items from their home could sell their items where there would be a lot of foot traffic. So, in 1984, I formed a small partnership and developed a sizeable flea market in Fletcher, NC. It basicall