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Dennis P. Fassett
32406 Franklin Road
Suite 250203
Franklin, MI 48025
Tel: (248) 971-0764
Email:
dennis at dennisfassett dot com
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Monthly Archives: August 2008
News Flash – Everybody ELSE'S House Has Lost Value But Mine
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% … Continue reading
Posted in Real Estate
1 Comment
Off-Topic Friday: Kid Rock PSA: Steal Everything!
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.
Posted in Off Topic Friday
2 Comments
The Beginning of the End for Real Estate Contrarians
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 … Continue reading
Posted in Real Estate
3 Comments
It's a Budget Buster!
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 … Continue reading
Posted in Single Family Rentals
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Off-Topic Friday: Those Are NOT Double Stuff
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 … Continue reading
Posted in Off Topic Friday
3 Comments
Yes But Why THAT One?
As I move between the worlds of residential and commercial real estate I’m realizing more and more that the fundamentals of both are a lot alike. Having spent the last few years building up a portfolio of single family rental … Continue reading
Posted in Real Estate
3 Comments
Upgrades Outnumber Downgrades!
Just read some good news in the Wall Street Journal this morning regarding commercial real estate. They reported that in the first half of 2008, the bond rating firm Moody’s had 234 upgrades, 123 downgrades, and 1452 decision of … Continue reading
Posted in Real Estate
1 Comment