![\"Ya](\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\")
\u201cThe Bloodhound leads the pack \u2013 but the handler leads the\u00a0Bloodhound.\u201d<\/p><\/div>I am rehabbing a rental property just now, in preparation for a new lease. We’ve only turned this house over twice in the past ten years, so it’s getting a lot: New paint, carpeting, blinds, plus fit and finish everywhere. I’m hoping to be done for less than $8,000 \u2013 where I would have been finished at $5,000 last year.<\/p>\n
It’s a boss’s job, and I like it: My goal is to do the best I can with the money I have in the quickest time possible. But it’s funny to me how little of my time goes into a job like this. I don’t charge my investors for this kind of work \u2013 I list and lease; I don’t nickel and dime \u2013 but my part consists of knowing what I want and whom to hire and putting them to work.<\/p>\n
I do almost all of my planning and coordination by texting from my phone \u2013 from anywhere I happen to be. There is almost nothing in the way of paperwork, and the clipboard-jockey part of the job comes down to scheduling, so people aren’t impeding each other’s progress. Not even much in the way of management-by-walking-around, since I would just be in the way. I work well alone, and I work well with people who work well alone.<\/p>\n
But if I don’t work, no one works. Like the poor-in-character, the Marxist Labor Theory of Value will always be with us, apparently, but all you have to do is rehab a house \u2013 or just paint one \u2013 to discover why nothing gets done without management.<\/p>\n
In other news:<\/em><\/strong><\/p>\n CNBC:<\/strong> Mortgage rates drop, but not enough for priced-out homebuyers.<\/a><\/p>\n Housing Wire:<\/strong> How fix\u2019n\u2019flip loans could help expand housing inventory.<\/a><\/p>\n Zero Hedge:<\/strong> Nobody Wants To Work: Job Openings Soar To All Time High 9.3 Million As Record Numbers Quit Their Job.<\/a><\/p>\n City Journal:<\/strong> Call An Audible on Economic Recovery: Policymakers are using the same old playbook to solve a different challenge.<\/a><\/p>\n Daniel Greenfield:<\/strong> How Democrats Created a Carjacking Outbreak.<\/a><\/p>\n City Journal:<\/strong> Bonkers on the Bay: Educational leadership in <\/a>Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" \u201cThe Bloodhound leads the pack \u2013 but the handler leads the\u00a0Bloodhound.\u201dI am rehabbing a rental property just now, in preparation for a new lease. We’ve only turned this house over twice in the past ten years, so it’s getting a lot: New paint, carpeting, blinds, plus fit and finish everywhere. I’m hoping to be done […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-18216","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3282,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3282\/casual-friday-caption-this-photo\/","url_meta":{"origin":18216,"position":0},"title":"Casual Friday: Caption this photo","author":"Greg Swann","date":"June 27, 2008","format":false,"excerpt":"My entry: \"Because I happen to like Argyle socks, that's why!\"","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3822,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3822\/caption-this-photo-president-bush-at-the-olympics\/","url_meta":{"origin":18216,"position":1},"title":"Caption this photo: President Bush at the Olympics","author":"Greg Swann","date":"August 9, 2008","format":false,"excerpt":"My entry: \"A gentleman always makes eye-contact.\"","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8385,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8385\/caption-me-this-magnum\/","url_meta":{"origin":18216,"position":2},"title":"Caption Me This Magnum","author":"Brian Brady","date":"May 13, 2009","format":false,"excerpt":"My vote?\u00a0 \"Who let Higgins in to your closet, Thomas? \" Sometimes, you just gotta have a sense of humor.","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3289,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3289\/shout-out-a-toast-to-life-abundant-and-caption-this-photo\/","url_meta":{"origin":18216,"position":3},"title":"Shout out a toast to life abundant — and caption this photo","author":"Greg Swann","date":"June 28, 2008","format":false,"excerpt":"Sez me: \"Bill Gates stole this facial expression from me and I want it back!\"","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14685,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14685\/caption-obama-before-his-face-freezes-like-that\/","url_meta":{"origin":18216,"position":4},"title":"Caption Obama — before his face freezes like that.","author":"Greg Swann","date":"June 15, 2011","format":false,"excerpt":"My vote: \"I don't get it. This stunt always used to work with my Gammy.\"","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8372,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8372\/caption-this-photo-todd-carpenter-at-the-nar-mid-year-flamboozlepalooza\/","url_meta":{"origin":18216,"position":5},"title":"Caption this: Todd Carpenter at the NAR Mid-Year flamboozlepalooza","author":"Greg Swann","date":"May 12, 2009","format":false,"excerpt":"My votes: \"MIBOR? That's above my pay grade.\" And: \"No, this is not a clip-on tie!\"","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=18216"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18216\/revisions"}],"predecessor-version":[{"id":18217,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18216\/revisions\/18217"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}