The Cash Flow Mercenary - Metro Detroit Cashflow Real Estate

America’s most miserable cities
Add high rates of violent crime and unemployment to income taxes, commute times, weather and pollution and what do you get? Detroit.
By Kurt Badenhausen, Forbes.com
Imagine living in a city with the country’s highest violent-crime rate and second-highest unemployment rate. As an added kicker, you need more Superfund dollars allocated to your city [...]

Another article, this time from the Associated Press. I have added the emphasis.
Detroit had top foreclosure rate in ‘07
By ALEX VEIGA, AP Business Writer
Wed Feb 13, 6:28 AM ET
LOS ANGELES - The Detroit area, hit hard by the double-whammy of unemployment and a slumping housing market, had the highest foreclosure rate in the nation last [...]

I read this article this morning. I was surprised by it because I’ve been thinking just the opposite over the last six weeks, because I’ve been seeing homeowners actually giving up and throwing in the towel because they’ve finally realized the harsh reality of this market. This article demonstrates, though, just how much further we [...]

I’m in the process of doing another of my cash-out refis. I just bought it last Friday, and I’m trying to set a new record and do a cash-out refi based on the appraised value in less than 30 days. I just did two yesterday – one was 42 days and the other was 55 [...]

I received a couple of questions after my last post on Capital Deployment.
To address one of them - no – I won’t tell you Bluetooth convertible guy’s name. I haven’t heard from him since I wrote it though. I was wondering why my email spam traffic was down 30%.
The relevant questions were on this whole [...]