Monthly Archives: September 2007

Get Ready for the Tidal Wave . . . .

Posted on September 26, 2007 by Dennis Fassett

I received an interesting call yesterday. Turns out the caller, who’s part of a fairly large and well known real estate company (at least around the Detroit News classified ads), had just picked up a block of 100 foreclosures directly … Continue reading →

Posted in Real Estate | 1 Comment

Michigan out 28,000 jobs – August's 7.4% jobless rate is 14-year high.

Posted on September 20, 2007 by Dennis Fassett

Excerpted from the Detroit News this morning. . . .   Michigan‘s unemployment rate in August was the worst since since September 1993.   Massive automotive buyouts and a sharp decline in residential construction were cited as factors for the state’s jobless rate.  … Continue reading →

Posted in Economics | 1 Comment

A Tale of Two Painters

Posted on September 13, 2007 by Dennis Fassett

I am perplexed. If you read the paper you can tell how bad the housing market is here. With that comes the decline in home improvement which hits the trades people hard. Very hard. I know of at least three … Continue reading →

Posted in Real Estate | 1 Comment

My Buy-and-Hold Performance Metric – Cost per Equity Dollar

Posted on September 10, 2007 by Dennis Fassett

If you’re even a semi-regular reader of this blog, then you already know that I’m a huge fan of buying and holding properties as rentals, because it can yield and infinite ROI (See the post on NOOP). In a nutshell, … Continue reading →

Posted in Real Estate | Leave a comment

You Never Could Tax Your Way to Prosperity

Posted on September 6, 2007 by Dennis Fassett

Lest you think that this is a diatribe related to politics, relax. Long, long ago I gave up letting the micro-brains in government (both elected and unelected) impact by disposition. No, this is a post about economics. And basic economics … Continue reading →

Posted in Economics | 1 Comment