The Morning I Vapor Locked And Thought I Was Dying

I’ve only had this happen once and that was aplenty, thank you very much. The reason I referred to a vapor lock, that is an old term we seldom hear any longer. When I was a kid, It was a common occurrence. That’s when a gasoline line on an old vehicle would become too hot, usually because it wasn’t insulated from the heat of the exhaust. The gasoline would turn into vapor, stopping the flow of liquified gas. The engine would die and leave you stranded. There were a couple of remedies. You could sit for awhile until it cooled … Continue reading The Morning I Vapor Locked And Thought I Was Dying

Not Every Land Deal Will Make You Money

This is the story of a piece of land I got up in Dallas one time, to settle a debt. Here goes: These real estate deals can be crazy. Outfit owed me about $300k on an apartment project in Houston in the 1990s.I put a lien on it and waited about 2 years.They wanted to sell the project so they had to square with me.They had 21 acres in south Dallas they gave me in trade for releasing the lien. How can I go wrong owning 21 acres in Dallas, with I-35 frontage? Except when I sold it about a … Continue reading Not Every Land Deal Will Make You Money