Adventurer | Cynic | Raconteur | Stones Fan
I alluded to this earlier and I want to reiterate it so there’s no misunderstanding. DO NOT RENT TO SECTION 8 TENANTS! I’m sorry to have to say this, because when I got started I was a big fan of the program, and I routinely had around 10% of my tenants in the program. Over […]
Believe me when I tell you that all houses are not alike. And as crazy at it sounds, renters are picky, and are getting more so every year. So choosing the right types of houses to buy matters a lot to your long-term success and profitability. Thankfully though, picking the right types of houses is […]
The key to developing a consistent rental cash flow in Metro Detroit is getting great tenants. The key to getting great tenants is to buy in the best areas. And the key to identifying the best areas is to focus on the best school districts. It’s not rocket science! In my experience families with kids […]
I’ve been buying rental houses here in the suburbs now for seven years. And nearly the entire time I’ve been telling anyone and everyone to stay away from the city of Detroit if they wanted to own rental properties. A few listened. Fortunately for them. The rest, however did not. And now most of that […]
I’M SO TIRED OF HEARING HOW WONDERFUL DETROIT PROPERTY IS! SERIOUSLY. With all the misinformation circulating regarding Turn Key rental houses in the Detroit, I decided I had to act to set the record straight. Because there’s a lot of crap being slung around. And I’m tired of seeing it. I’m tired of hearing it. […]
I’m sure you at least heard about the carnage in the stock market yesterday. The DJIA was down 391, which made this the third worst week for the stock market in history. And it was only Thursday. As I write this the market looks like it will open even lower this morning. And gold continued […]
