Author: Terence Critchlow

Recent Newsletter Articles

Customer service lessons from the latest travel meltdown

Jul 27, 2024

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Terence Critchlow

Starting 7/19/24 and continuing through at least 7/25/24, there has been a major disruption in the airline industry as the result of a software update gone bad [1]. There are many lessons that will be (re-)learnt from this on the software engineering side, with some airlines recovering quickly and others struggling to get back to…
An example due diligence investigation on a facility (part 3/3)

Jul 13, 2024

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Terence Critchlow

This week, I want to give you more insight into how we evaluate a facility to determine whether or not to put in an offer. This is based on a real opportunity that we looked into and ultimately decided was not a fit for us.
Our Pre-offer Due Diligence Process (part 2/3)

Jun 29, 2024

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Terence Critchlow

Have you ever wondered what we look at before we make an offer on a potential property? Before diving in, it’s crucial to uncover a facility’s true potential but that can be a daunting process. In our previous article [1], we gave a high level overview of what we look at. This week, we’re cracking…
How do we evaluate a property to decide if it is a “deal”? (part 1/3)

Jun 1, 2024

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Terence Critchlow

In 2023, we looked at over 70 properties and made an offer on only 1 of them – and for that one, we weren’t able to come to terms with the seller. The overwhelming majority didn’t meet our investing criteria.
Book Review: Buy Back Your Time

May 18, 2024

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Terence Critchlow

One of the main reasons to break your dependency on your paycheck is to stop trading your time for money and instead focus on the things that are most important to you and bring the most value to you, your family, and, more broadly, the world in general.
How to use arbitrage effectively

May 4, 2024

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Terence Critchlow

Most people are aware of the concept of financial arbitrage – borrowing money at one rate and then using it to generate income at a higher rate, pocketing the difference between the two rates as profit – as this is what banks do. Banks borrow money (your deposits) at a low interest rate then lend…
8 tax advantages of real estate

Apr 20, 2024

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Terence Critchlow

If you talk with real estate investors, you will often hear about the tax advantages of real estate investing. People will often talk about them as a silver bullet that makes real estate investing more lucrative than other investments. But it isn’t always clear what tax advantages they are talking about. And, in some cases,…
Will $1Trillion in interest payments force lower rates?

Apr 6, 2024

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Terence Critchlow

In Q4 2023, the interest on the federal debt surpassed 1 Trillion dollars [1] for the first time. That’s almost double the amount we paid in Q4 2019 ($565B), and is truly an unfathomable amount of money to be paying simply to cover the cost of maintaining our deficit (not to pay it down).
Do your homework so you can take advantage of a deal when it appears

Mar 16, 2024

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Terence Critchlow

While getting wealthy in real estate is a long-term game, there are times when you need to be able to move fast. Sometimes really fast.