Category Archives: Apartment Quest

Follow me as I start from scratch and buy an apartment building.

Cash Flow Mercenary TV: Danger Will Robinson – MSHDA is Pulling Back Vouchers

This is a significant development in the rental market, especially if you rely on Section 8 tenants. I’m glad I have moved away from them over the last year.

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Cash Flow Mercenary TV: Shorts, Pick Axes, Social Media, and Getting it Done

When I moved back to Michigan in 1998 after living in California for 12 years, I made up my mind that I would psychologically will myself to wear shorts into December. Well guess what? It wasn’t a psychological issue – … Continue reading

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Cash Flow Mercenary TV: Temporary Tough Times

This has been the most challenging 90 day period since I started up my real estate business six and a half years ago. And to top it off some significant personal issues arose as well. But they’re in the past, … Continue reading

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Cash Flow Mercenary TV: Perspective Matters with Pricing

This is another one of those “Captain Obvious” reports. After the Apartment Bus Tour last month a couple of offers came in on buildings we looked at that made me realize how important perspective and experience are with respect to … Continue reading

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Cash Flow Mercenary TV: You Can't Teach a Kid to Ride

I’ve been studying sales processes lately, and I picked up a really interesting book on the topic this week. It’s called “You Can’t Teach a Kid to Ride a Bike at a Seminar”. I was surprised how relevant the title … Continue reading

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Cash Flow Mercenary TV: The Mutual Fund Farce

Entirely by accident I listened to a few minutes of the mutual fund sales puke show on one of our local radio stations. Talk about selective perception. This clown takes the cake. When the market is up – it’s a … Continue reading

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Cash Flow Mercenary TV: Golfing & Mid Year Review

I shot this on the way to play golf this morning. I’m curious – what has come up in the first half of the year in your business that was unexpected, and that changed your focus at least somewhat for … Continue reading

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Cash Flow Mercenary TV: Serious Investors Look Serious

I looked through the pictures from the Apartment Bus Tour and saw a lot of intent looks from the attendees. That’s what I was expecting, because investing in apartment buildings, while a lot of fun, is serious business.

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Cash Flow Mercenary TV: I'm Slowly Being Converted

Looked at another of the Apartment Bus Tour Buildings today at lunch. All I can say is WOW. Talk about a sleeper. Good condition, no deferred maintenance, good mechanicals, large units – and in the City of Detroit. I used … Continue reading

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Cash Flow Mercenary TV: I Must Confess . . .

I LIKE being a rental property owner. I like (most) of my tenants. This is a very enjoyable business to be in!

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