Real Estate

Must be the week for hot button issues. Personal productivity yesterday and the Risk-Reward tradeoff today. I was having coffee (the usual: venti house blend – three creams) a while back with a very close friend and his wife. We were talking about doing some business together, and in particular he wanted to pick my […]

I love the Wall Street Journal! It’s often the only ray of objectivity in this ridiculously overcrowded and juvenile media that we’re constantly subjected to. Case in point – there’s a great article today about the “return” to cash flow. While I disagree that prudent investors ever abandoned it, I’m gratified that they realize that […]

Pop quiz  – when was the last time that the government at any level got something right? Time’s up. Did you come up with anything? Nope neither did I. I wish that they would just STOP TRYING. I have finally come to the conclusion that INACTION on their part is the safest thing for us. […]

I know that for most of you I have been preaching to the choir about the opportunities in real estate investing in Metro Detroit. But it’s nice to see some validation of it once in a while. The article below is taken from the Detroit News today, and it speaks volumes on the paradox that […]

In an attempt to cast my net wide and capture all relevant available apartment buildings that met my purchase criteria, I included buildings being sold “By Owner” in my searches. What did I learn? That an FSBO is an FSBO is an FSBO. No matter if it’s a $30,000 2 bedroom dump in Melvindale (I SWEAR […]

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 […]