Real Estate

J.O.B. Seriously?

Are you a sick and tired of this as I am? It seems like every time I check my email, some idiot goo-roo is pitching his “solution” to having a job. And of course they have all kinds of cutsey acronyms for JOB. Tell me if you’ve heard these: – Just Over Broke – Just Obey Boss – Jackass Of Boss And on and on and on. Well you know what? Those f’ing goo-roos can…

Continue Reading

Real Estate

Newsflash – It Ain’t That Hard to Be a Set and Forget Landlord…

Here’s a news flash – being a landlord isn’t rocket science. Seriously. It just ain’t all that hard to own rental properties and make money at it. With very little work on your part. Actually – to be precise, it ain’t all that hard IF you do two simple and pretty obvious things. And that’s to heed the Two Critical Success Factors for owning rental properties. That’s all it takes. Seriously. If you simply heed…

Continue Reading

Real Estate

I Have a Secret…

Yep. I have a secret. Something that I’ve never told anyone. But I have to come clean. What’s the secret? Well, I have a tenant in one of my houses. They moved in right after I bought it in the fall of 2006. They’ve been with me now for seven and a half years. The secret is that I haven’t raised their rent one dime since they’ve been living there. That’s right – they’re paying…

Continue Reading

Real Estate

Not All Detroit Suburbs Were Created Equal

Crazy. Not just garden variety crazy. Nope. I’m talking batsh*t crazy. I got an email yesterday. From another crack smoking clown, who doesn’t even live here, peddling turn key properties here to unsuspecting investors out of state and out of the country. This guy has made a career out of shoveling crap Detroit properties with section 8 tenants out the door by the truck load. But now his game has changed. His email yesterday was…

Continue Reading

Real Estate

How to buy a $1 million home for $1,900 a month!

Seems like all the interesting news is coming out of Southern California these days. This time, it’s about our old friend, the interest only mortgage. Never mind the fact that this was one of the chief contributing factors in the housing crash just a few short years ago. Times are good and money is cheap, so hey! Lets get the party started. The article is from the Dr Housing Bubble Blog. A link to the…

Continue Reading

Real Estate

Housing Inventory – Rising?

Interesting article out of Southern California recently. They’re looking for housing inventories to rise. And it some cases it looks like it’s already starting to happen. One person wrote from San Diego: “Lots of houses are coming on the market now where I live in San Diego. The most I’ve seen in years but they are all listed at the highest prices I’ve seen since the crash. The prices are not dropping one bit either,…

Continue Reading