Thought patterns
During my trek down Investor Lane, I’ve been working to understand why people think the way they do. People project their belief systems onto the world around them, thus forming the paradigm through which they view the world.
"Wow Cliff, that’s deep."
Yep. And I’m not even drunk.
I bring this up because of the importance in understand that not everyone thinks the same way. One must accept people for being different. But that’s where the trail ends. Accepting why and how they think versus accepting what they think. I’m very leery of anyone who says "You must face reality." My first question is always "Your reality or mine?"
Here’s the mini-story associated with this thought.
This last weekend, I met with a woman who is interested in renting out the second house for her daughter. The daughter works two jobs plus goes to college. The mother plays landlord with four rental properties, completely paid off. She has long term tenants in each unit and wants to keep them all. In addition, she works full-time and loves it. Excellent credit with hardly any debt.
To me, this is a good deal. Even if it is only for 6 months.
This last weekend, I was explaining the situation to a friend at the coffee shop.
Clifford: Plus the mother has rental properties. I doubt highly she would stiff me on rent. She understands what it’s like to get screwed.
Friend: On the other hand she knows all the ways to screw you.
Clifford: . . .
I’m so glad I don’t think that way.


It’s always better to be an optimist, but it never hurts to keep your gaurd up. What’s that phrase Ronald Reagan used to use? Trust but verify.
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