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It’s rare I read something in the business press that is directly relevant to me. After all, the number of people trying to build asset management businesses is vanishingly small; so small that it’s rarely worth anyone’s time to cater to us. So, it was with great interest that I read Bloomberg’s interview with Henry Kravitz,

Pretty much every time I speak with a broker who is pitching me a deal to buy, she asks me if I intend to flip the deal when I’m done renovating. The reason for the question is obvious: There’s kind of a custom where, if a broker gets you a deal, you’re expected to hire