Here’s the latest deal that I’m working on. It’s pretty incredible, and it’s an indicator of just how UNBELIEVABLE the opportunities are today in the Metro Detroit suburbs. The property: 3 bedroom, 1.5 bath ranch in Harper Woods New roof New furnace New replacement windows Newer ac and hot water heater Central Air 2 car garage Sun porch off the back of the house Full basement, half of it finished (the half bath is in…
Author: Dennis Fassett
I'm pleased to report that after multiple decades of hard-headed stubbornness, I've finally figured out that all work and no play makes Johnny a dull boy. So I've taken it upon myself to convert my wife and now adult(ish) kids into a roving band of merry adventurers.
From horseback riding in Monument Valley to ocean kayaking in Acadia - all of our exploits have earned the coveted "epic" label from the younguns.
I'll tell you about them - and also about the other "adventures" I'm having in my real estate investing business.
You can also find me over at DennisBuysHouses.com
The Door Got Kicked in and There’s Blood on the Carpet – Why Again?
I spent some time on Saturday with some real estate friends and colleagues, and we were all talking about how boring our businesses were. The business itself was exciting and interesting to each of us. And to a person it’s been a gratifying experience. But it never seems that anything really interesting happens, or at least nothing interesting enough to talk about to other people. But then we got talking about the First House. You…
The White Hat Commercial Broker
Just about a year ago I read a book by Robert Ringer called “Winning Through Intimidationâ€. It was a spectacular book with a spectacular – and completely not-politically-correct – title. The interesting thing about it was that it really wasn’t about intimidation at all. No, it’s central thesis is that in any business deal the smart businessman will do the upfront preparation, and put in place the necessary safeguards, to protect his position at all…
The One-Trick-Pony Apartment “Guruâ€
As I mentioned in my prior post, this being a newbie again is an interesting feeling. And with my brilliant powers of deduction I figured out that it’s because you don’t know what you don’t know when you first start something new. I mean, I’ve been in the same professional field for nearly 20 years, and although I have had numerous jobs with numerous different companies, it’s been largely the same with very little being…
Do, or Do Not – There is No Try
My oldest paid me a very nice compliment yesterday. Like probably most grade school kids with cable, ours have been glued to the television at 8pm last Friday, Saturday, and Sunday and this Friday, Saturday and Sunday, as one of the cable channels has been playing the Star Wars movies in order. It reminds me of the times when my parents used to let us stay up and watch every time a new Godzilla movie…
A Close Encounter With My First Commercial Broker
It has been an interesting feeling being a newbie again. As I have written about in this space, I have gotten so comfortable with the single family side of the Cash Flow business that I bought the last one on my lunch break. But now that I’m after apartment buildings I’m starting over from scratch. Sure a lot of the skills and knowledge is transferable and leverageable, but let me tell you that pursuing your…