Real Estate
CasMichigan Real Estate Investing TV: It’s ZERO Risk and 100% Occupied!
In normal markets risk and reward are in an unbreakable relationship. You want higher returns? Then you take higher risk. But the real estate market here in metro Detroit is not a normal market – external factors are acting upon it. And that has put the risk-reward relationship out of whack here – such that […]
Michigan Real Estate Investing TV: Happy Friday – And Don’t Forget!
Just a quick one on Friday afternoon as a reminder . . .
Michigan Real Estate Investing TV: You Negotiate, You Lose
One of the critical mistakes that I see new and inexperienced rental property owners make in their Michigan real estate investing businesses is that they let tenants negotiate the lease terms. That’s a bad idea.
Michigan Real Estate Investing TV: Because CASH Doesn’t BOUNCE!
Did an interview yesterday with a guy that’s writing a book about property management. He wanted to get the perspective and some best practices from small owner-operators like me. He was surprised to find that when I SAY cash I MEAN cash. Not checks, not money orders. For a very good reason.
Michigan Real Estate Investing TV: The Definition of Insanity
I got thrown out of college and moved to Lake Tahoe back in 1983. I learned a pretty good lesson simply by observing those that had arrived before I did.
Michigan Real Estate Investing TV: Oooops! That NOT Positive Cash Flow
I found the documentation from the first apartment building that I ever went after. It was a bread-and-butter 5 unit in Flat Rock that I was attempting to buy via a short sale. I was shocked to see the mistake that the buyer made when she bought. But it’s a mistake that I see a […]