Contributor

My Posts/Listings:

Why All The Interest in Detroit?

Like many who live outside Michigan, when I first considered Detroit as a potential market to invest, I had concerns. The headlines for several years have been highlighting the downward spiral of the car industry, and my initial reaction was that I should “stay out.” The same can be said for many into real estate investing who also shared the “stay out” of Michigan mentality.... [Read more]

Should I Buy Houses For Cash at an Auction?

A tradition as old as business itself is that of seeking to bid on desired products or services. It simply means the highest bidder wins the negotiations. Our culture is colored with scenes of rapidly talking auctioneers amusing their audience as they moved countless dollars of merchandise with the sound of the gavel. Big nationwide auctions have recently made headlines but what is actually better... [Read more]

Brace Yourself for the “Borrower’s Revolt of 2010!”

In 1970 young people across America were burning their draft cards. Today, there is a new revolution brewing that millions of families from all stations in life. I call it the “borrower’s revolt.” Like the Boston Tea Party of 200 years ago, sincere, hard-working folks are fed up with being held to rigid rules that the banks won’t follow themselves. During the last decade especially, lenders... [Read more]

Know The “Ins & Outs” of Rehabbing

If you have a real estate home business you are likely procuring distressed investment properties.  The expression “distressed” refers to the situation of the seller that has created an opportunity for you to acquire a lower-than-average purchase price.  Inevitably, though, in these situations we encounter “distressed” conditions in the physical sense as well.  This means that some form... [Read more]

Who’s Responsible for This, Anyway?

We have heard a lot about the part Wall St. has played in the downturn of the housing market. And we cannot ignore the fact that certain government policies have allowed the banks free reign with the nation’s money without substantial accountability. Before we put the “black hat” of sole responsibility on these institutions, let’s examine another essential factor. There is a storm of epic... [Read more]

What If I Wait For the Market to Improve?

This expression is common among most sincere folks contemplating starting their own real estate investing business. In this article, I want to discuss this mindset and analyze the pros and cons therein. As with any new venture, it is always wise to first weigh the costs involved. Furthermore, without a plan our vision of financial freedom through real estate investment could be doomed from the start.... [Read more]

How about Getting a Real Estate Mentor?

So you want to start your own real estate home business and you need advice. Are there real estate investment experts that one can turn to for straight answers to the many challenges you will face? The fact is that there are a plethora of so called “experts” selling their versions of methods that may or may not have made them “millions” in years gone by. I don’t doubt that certain techniques... [Read more]

Beware of “Analysis Paralysis!”

The mere sound of paralysis sounds so ominous that we would naturally avoid such a thing – right? Well, yes, but one of the first mistakes we learn in “real estate investing for beginners” is to avoid over-analyzing investment properties. You heard the old adage about the guy who had to feel for the floor before getting out of bed? lol. Well, there are some distinct disadvantages to waiting... [Read more]

A New Era of Banking

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I... [Read more]

Investors: Jump on the “Green” Bandwagon

For a while now you have been hearing about everything “green.” This is the new buzz word for the decade to come. Of course, “green” refers to anything that, in a very broad sense, is environmentally friendly. So, whether you are a real estate investment expert or just launching your “real estate investing for beginners” venture or you are a real estate investment expert, how can you... [Read more]

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