Category Archives: Real Estate

I mentioned in my Million Dollar Day post that I had an offer accepted in the afternoon. This is the property that I was referring to. The details: Harper Woods with Grosse Pointe Schools 3 bedroom, 1 bath 1100 square … Continue reading →

I just received three tickets in the mail. THREE! From the City of Harper Woods. It seems that the fine people in their Building Department believed that I was on the wrong side of the law when I bought two … Continue reading →

As I look at the stock market, at the moment the DOW is at 10,844, down another 215 points today. Do you know what this means? That as of right now the market is only 476 points above where it … Continue reading →

How many times have you heard that OPM is the key to all the riches in real estate? Seriously – you can’t turn on a single late-night real estate tv infomercial without some fly-by-night “guru” with a Bentley and a … Continue reading →

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 →

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 →

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 →

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 →

Because I continue to be so bullish on real estate in metro Detroit, I’m constantly talking to people about buying rental properties here. Day in and day out, all kinds of people in all walks of life with all different … Continue reading →

I’m confused. I really am.   I’ve been getting a rash of grief lately from the Chicken Little crowd here over my bullishness about buying suburban rental homes here in Metro Detroit.   They’re running up and down the street … Continue reading →