Well this is it – after eight months of work, countless emails and phone calls, and a couple of dozen hours of negotiations, the UD private equity deal comes down to this: two pages of changes required by me to the seller’s 200 pages of highly restrictive and completely one-sided closing documents. Will the deal live? Will it die yet again, and for the last time?? –insert dramatic music here– Stay tuned . . .…
Michigan Real Estate Investing TV: Back on the Air
After a couple of months of technical and other difficulties, Cash Flow Mercenary TV is back on the air. This episode is an update on what I’ve been up to.
Michigan Real Estate Investing TV: My First Book Signing
This was a lot of fun. The great folks at our bank, the National City branch at Maple and Lahser in Bloomfield Hills, hosted it. I’ll post pictures later
Michigan Real Estate Investing TV: I LOVE Due Diligence
It’s long. It’s boring. and it’s really, really dry. But I love it because it means I’m buying another apartment building! Great Lakes Investment Fund 1 is full – Fund 2 will be getting started shortly – watch this space!
Real Estate Investing TV: It’s All About the Exit
What’s the first thing that a deal partner or investor is going to ask you when you pitch them on a project? “How am I going to get my money back.” So that makes your exit strategy the key to your proposal.
Michigan Real Estate Investing TV: Required Reading for the Kids
I’m putting together a required reading list for the kids. I have three or four in mind – which one do you suggest?