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About TwoWiseAcres (by Mike and Rob)

We started TwoWiseAcres with one simple goal in mind—to create a community of real estate enthusiasts who share tips and information all with the goal of becoming better and more profitable real estate investors. So here’s the deal: we are going to unlock the doors, put all of our ideas on the table, and then look the other way. Your mission, should you choose to accept it, is to sort through the information, pick the stuff you like and discard the rest. In return, after you have already helped yourself to what we have to offer, we ask that you post an idea, a thought, or a piece of information from time to time. Then (and this is very important) we ask that you look the other way while we help ourselves–because what we offer in real estate acumen, we totally lack in stealth.

About Rob (By Mike)

Rob is my good friend of longer than I care to admit. During that time, Rob has been my sounding board in some of my most important decisions. I have always found him (subject to the following cautionary note) to be insightful and my call to action in my important decisions. It seemed only natural then that we would embark on a joint venture in real estate investment and, now, the development of TwoWiseAcres.

Many times, our posts will be collaborative, but occasionally we’ll post separately and identify them as such. When we post collaboratively, here’s a hint on identifying what’s mine and what’s his. For the most part, my contribution will be the information where you think “Good Point” or “I can really use that”. Rob’s contribution will be the part where you think “Hmmm. That sounds suspect” or “Maybe there’s better information later in the article”. Feel fee to point out either in your comments. In fact, maybe we can all decide on a rule of thumb for commenting right at the outset. When you find yourself commenting along the lines of the latter, you can refer to that as “A Rob”. Here’s an example:

Comment by You: Thanks for the recent post on real estate financing. I found a lot of useful information. However, I have to disagree with the part on [such and this]. Sounds like a Rob to me.

However you decide to contribute, I hope that you find the information that we provide to be useful despite the occasional “Robs”. Please share your own ideas and comments, and join us in developing a real estate investment plan that gets us all to the goal.

About Mike (by a Rob)

Mike reminds me of Helen Keller. No, he’s not blind and deaf, although sometimes he says things that make me wonder. When I think that he has been my best friend since 1981, I’m reminded of Helen Keller’s encouraging words, “character cannot be developed in ease and quiet. Only through experiences of trial and suffering can the soul be strengthened, vision cleared, ambition inspired and success achieved.” Mike is my trial and suffering, and he’s soon to be yours too, I’m afraid.

Fortunately, all clouds have a silver lining, and Mike is no exception. The truth is, I never would have had the gumption to invest in real estate if it weren’t for Mike. Having first learned about real estate from his father, who has been in the business for decades (and ain’t a bad euchre player, too), Mike can spend five minutes in a home and estimate within 5% the cost to rehab the property. (That, or he’s just fudging the numbers after the fact.) He’s flipped property, managed rentals, and even made a buck or two along the way. The point is, I’ve learned a lot about real estate investing from him once I filtered out the Mike-wheat from the Mike-chaff, and you probably can too.

Now at this point you’re probably wondering exactly what it is that I bring to the investing table. Why exactly did Mike agree to bring me in to his real estate investments on a 50/50 basis? The truth is, I have no idea. But don’t tell Mike.