Monthly Archives: October 2009

Michigan Real Estate Investing TV: Take a Chill Pill Already

10,000 DOW and everyone is orgasmic about the stock market being “back”. If you listen to the mutual fund peddlers over the weekend you’d never now that the market is STILL 50% BELOW IT’S HIGH.

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Michigan Real Estate Investing TV: Mt Clemens Apartment Deal Update

The news is all good regarding this project. The partnership is full, and I actually had more people express an interest than I could accommodate. The bank is actually anxious to work with us because as the Managing Partner I’m … Continue reading

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Michigan Real Estate Investing TV: The View After

This was the apartment that I filmed a couple of weeks ago. Huge difference – thanks to a great contractor – Jason Pilotto of Solution Man – who understands that every day of vacancy is money out of my pocket.

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Michigan Real Estate Investing TV: Be Prepared for These Questions BEFOREHAND!

When you get the opportunity to pitch a private investor, you should be well prepared because you may not get a second chance.

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Michigan Real Estate Investing TV: My Devious Secret to Get Private Investors

My wife suggested a diabolical and revolutionary course of action to get private investors. Guess what. It worked.

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Michigan Real Estate Investing TV: Crack Smoking and Private Money Seminars

There is no magic bullet or seminar that will get you private investors if you HAVE a track record. This is a game of relationships, not strategy in your real estate investing business. Has your experienced differed? I’d be interested … Continue reading

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Michigan Real Estate Investing TV: Crack Smoking & Private Investors

Have you been deluged by requests from people that you don’t know and that have no experience begging for private money? I swear that these people must be on crack or something stronger.

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Michigan Real Estate Investing TV: The Bank Actually Wants to Talk

Wtih everything that I’ve been hearing lately about the credit markets, I thought that there was a relatively low probability that the bank would even be interested in talking about extending an apartment loan. But they are. Also – there … Continue reading

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Michigan Real Estate Investing TV: What's Your Marketing Hook?

Every property has one – the one offer or deal that you can bank on to get your phone ringing when you have a vacancy. What’s yours?

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Michigan Real Estate Investing TV: Cap Rate Ray and Ignoring ROI

I love cap rates – they’re a great way to screen multi-family buildings when you’re trying to narrow down your list. They’re also good for using as a frame of reference. For example, I talked to an apartment buyer in … Continue reading

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