Monthly Archives: August 2008

News Flash – Everybody ELSE'S House Has Lost Value But Mine

Posted on August 19, 2008 by Dennis Fassett

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!

Posted on August 15, 2008 by Dennis Fassett

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

Posted on August 12, 2008 by Dennis Fassett

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!

Posted on August 11, 2008 by Dennis Fassett

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 | Leave a comment

Off-Topic Friday: Those Are NOT Double Stuff

Posted on August 8, 2008 by Dennis Fassett

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?

Posted on August 7, 2008 by Dennis Fassett

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!

Posted on August 5, 2008 by Dennis Fassett

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 →