The Cash Flow Mercenary - Metro Detroit Cashflow Real Estate

The Majority of U.S. Homeowners Thinks Their Home is Insulated from the Housing Crisis
According to Zillow Q2 Homeowner Confidence Survey 62% of homeowners believe their home’s value has increased or stayed the same in the past year yet 77% of U.S. homes actually declined in value
 
Short-Term Outlook: More optimism for own home vs. neighbors’ homes [...]

Not a big fan of his music but Kid is right on point on this.
Hat tip to my buddy Mark for telling me about this.

I read an interesting article this morning on Marketwatch.com. Specifically a piece by Marshall Loeb.
Now as a finance guy I normally skip articles by Loeb and his cohorts at competing web sites, because their content is bland, vanilla, and always so overly general that nothing they recommend or discuss can ever be directly implemented. And [...]

In this real estate market there is no good reason to buy a property that you plan to hold and rent if it needs any more than about $2500 worth of work.
It’s just not necessary, because there are so many great properties on the market - and I mean listed on the MLS and STILL [...]

We had a family crisis last weekend. A Red-Alert-level crisis.
We were on our first solo family camping trip in the Waterloo State Recreation Area out past Chelsea. First time camping without a big group like the cub scouts. Aside from forgetting my trusty Swiss Army knife and a lighter for my cigars we did pretty [...]