Monthly Archives: September 2009

CasMichigan Real Estate Investing TV: It's ZERO Risk and 100% Occupied!

Posted on September 28, 2009 by Dennis Fassett

In normal markets risk and reward are in an unbreakable relationship. You want higher returns? Then you take higher risk. But the real estate market here in metro Detroit is not a normal market – external factors are acting upon … Continue reading →

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Michigan Real Estate Investing TV: Happy Friday – And Don't Forget!

Posted on September 28, 2009 by Dennis Fassett

Just a quick one on Friday afternoon as a reminder . . .

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Michigan Real Estate Investing TV: You Negotiate, You Lose

Posted on September 28, 2009 by Dennis Fassett

One of the critical mistakes that I see new and inexperienced rental property owners make in their Michigan real estate investing businesses is that they let tenants negotiate the lease terms. That’s a bad idea.

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Michigan Real Estate Investing TV: Because CASH Doesn't BOUNCE!

Posted on September 28, 2009 by Dennis Fassett

Did an interview yesterday with a guy that’s writing a book about property management. He wanted to get the perspective and some best practices from small owner-operators like me. He was surprised to find that when I SAY cash I … Continue reading →

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Michigan Real Estate Investing TV: The Definition of Insanity

Posted on September 23, 2009 by Dennis Fassett

I got thrown out of college and moved to Lake Tahoe back in 1983. I learned a pretty good lesson simply by observing those that had arrived before I did.

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Michigan Real Estate Investing TV: Oooops! That NOT Positive Cash Flow

Posted on September 23, 2009 by Dennis Fassett

I found the documentation from the first apartment building that I ever went after. It was a bread-and-butter 5 unit in Flat Rock that I was attempting to buy via a short sale. I was shocked to see the mistake … Continue reading →

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Michigan Real Estate Investing TV: Cookie Cutters Aren't Just for Christmas

Posted on September 21, 2009 by Dennis Fassett

Critical Success Factor #1 for being a profitable and happy rental property owner is property selection. The benefits to doing this right, from the start, are endless. And one aspect of property selection is buying cookie cutter houses.

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Michigan Real Estate Investing TV: Danny Johnston Woke Up a Free Man Today

Posted on September 19, 2009 by Dennis Fassett

He chucked his corporate job yesterday to follow his passion. Congrats Danny and I look forward to following your success.

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Michigan Real Estate Investing TV: You Can't Afford NOT To

Posted on September 18, 2009 by Dennis Fassett

Just about every investor that I know that’s in rental properties has one. They are a royal PAIN and it would have been really nice (and more PROFITABLE) to have made a different decision. You can avoid doing it. Very … Continue reading →

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Michigan Real Estate Investing TV: Paychecks are Really Just Handcuffs

Posted on September 17, 2009 by Dennis Fassett

Started a new job with my company today after being asked to “take one for the team”. You can’t be the master of your own destiny when you accept a paycheck from someone else.

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