Have you ever thought about turning obsolete buildings into climate controlled self-storage? That subject was tackled in a recent episode of the Rental Property Owner & Real Estate Investor podcast. Host Brian Hamrick interviews Scott Krone, the managing partner of Coda Management Group, a company that teams up with investors to purchase and convert undervalued warehouse space into climate controlled Self-Storage Facilities.

The Greeks had a saying: “Know thyself.” Because you are always with you, you might be tempted to believe that you know yourself better than anyone else. Sadly, this is untrue. In a lot of ways, it is easier for others to see some of your nature than it is for you to recognize it in yourself.

Because this is true, you rarely see the obstacles that prevent better results, the largest of which are of your own making.

With well over 50 billion dollars to his name, Warren Buffett is consistently ranked among the wealthiest people in the world. Out of all the investors in the 20th century, Buffett was the most successful.

Given his success, it stands to reason that Buffett has an excellent understanding of how to spend his time each day. From a monetary perspective, you could say that he manages his time better than anyone else.

It’s actually a pretty simple concept. Real estate syndication is a way for investors to pool their money together to buy a property. But between concept and reality, things do get a little more complicated. A basic understanding of real estate syndication in today’s market, involves understanding a few more key details.

IRS code Section 1031 is slowly making its way into daily conversation. The term is bandied about by realtors, title companies, investors and soccer moms. Some people even insist on making it into a verb, as in: "Let's 1031 that building for another."

IRS Section 1031 has many moving parts that the user must understand before attempting its use. There are also tax implications and timeframes that may be problematic. Also, the rule stipulates the 1031 swap like-kind properties and limits the rule's use with vacation properties.

Firm’s New Location to Be Its Biggest in North America, CEO Says

More great news for the growth of Kansas City - continuing the growth of the city’s attractiveness to investors. ITRenew, a Silicon Valley-based data center services firm, is opening what the firm's chief executive says is its largest North American facility in suburban Kansas City.

The human brain is hardwired to judge. This survival mechanism makes it very hard to meet someone without evaluating and interpreting their behavior.

While we tend to think that our judgments are based on the content of conversations and other obvious behaviors, the research says otherwise. In fact, the majority of our judgments are focused on smaller, subtler things, such as handshakes and body language. We often form complete opinions about people based solely on these behaviors.

Homeownership is considered a crucial step to wealth accumulation. However, the Great Recession tested this long-held belief. From the start of the Great Recession in April 2006 to the first signs of economic revival in March 2011, the CoreLogic Home Price Index (HPITM) declined 33%. Thanks to stable job growth, mortgage funding and underwriting, the housing market has recovered from its historic crash.