In the seemingly never ending interim time between the beginning and the end of the commitment letter process, the owner of the building and I finally agreed that it was time for me to do my physical inspection. It would be swinging without a net a bit for me, since I had neither the financing […]

What is it with these people? Do they not have any core values at all? First they spend years telling everyone that home ownership is the only way to go. Then when the housing market hits the skids they’re now singing the praises of renting?? I guess that anyone can justify anything. Now renting of […]

The answer is absolutely YES. How? Start by taking a look at the short, 1 minute video below. It shows the next home that I’m looking to add to my portfolio of long-term rental properties. It’s an all brick, 3 bedroom, 1.5 bath bath home in Harper Woods, Michigan that needs absolutely no rehab whatsoever. […]

This result was not unexpected – there was supposed to be the last huge number or ARMs readjust in March. What’s surprising is that this time last year the pundits and analysts were talking about the real estate market taking a bath in Q1, but then after that the market was supposed to improve. Regardless of the […]

Can I find one for you? Here’s the property that I wrote about a couple of weeks ago. 3 bedroom, 1.5 bath all brick ranch home in the best school district in the state – Grosse Pointe. Roof, furnace, central ac, and water heater are all like new. As are all the appliances that were […]

And I’m STILL waiting for the seller’s 2007 tax returns. In the mean time, I’ve been working on getting my financing squared away. What a nightmare this is turning into. Before I even finished negotiating the PA I interviewed six mortgage brokers and called around and talked to a couple of others. I settled on […]