Real Estate
My Buy-and-Hold Performance Metric – Cost per Equity Dollar
If you’re even a semi-regular reader of this blog, then you already know that I’m a huge fan of buying and holding properties as rentals, because it can yield and infinite ROI (See the post on NOOP). In a nutshell, NOOP demonstrated a repeatable process where you buy a property for cash (business credit, private […]
Follow the Herd – And You Know What Happens
So – what kind of person are you? Are you one of those people that listens to the screamers and over-reacters? Or perhaps are you’re a chicken little yourself? You know the kind of person I’m talking about – they spend all of their time running up and down the street with their dress up […]
Tools, Systems, and Processes
I realized the other day how much I really don’t like working on houses. Sounds odd coming from someone with a real estate business, doesn’t it? But I’m not alone. Most of the people that know in this business are the same – they really don’t like doing the work themselves. And for good reason. […]
Want to LAUGH at the Stock Market Volatility?
Ever since the dot com bubble burst in 2000 and the catastrophic events of 9-11, as a country we have been struggling to recover the value in our retirement accounts. One article that I read indicated that the losses in value due to these two events were as high as 60%.With the overall market averaging […]
Introducing – NOOP
For those of you familiar with the real estate market in the Detroit area, you know that this is a ONCE IN A LIFETIME opportunity to build a real estate portfolio. Yes, I’m sure that you’re all used to the bombast and hyperbole inherent to bogs. But I’m serious about this. Dead serious. Why? Let […]
Perspective – Part II: Kudos to Wagner, Shame on Mulally
More than 50 years ago, then-General Motors President Charles Wilson reportedly said “What’s good for General Motors is good for the country”. My how things have changed. There was a time back during the dot com bubble that even AOL had a larger market value than GM, and there was even talk of GM becoming […]