This is an article that ran in the Financial Times yesterday. It seems that some deep pockets in China think that we’re near the bottom here, and they’re ready to jump in and start buying. I happen to agree with them. Â Chinese Property Hunters to Raid US By Geoff Dyer in Beijing Published: December 5 2008 20:10 | Last updated: December 5 2008 20:10 Chinese bargain hunters are preparing to descend on American cities…
Category: Cash Flow Real Estate Investing
Um – It Smells Like There’s A Dead Body In There
That’s the voicemail that I received yesterday afternoon while we were out cutting down our Christmas trees out near Holly. My intrepid resident maintenance man at my recently acquired apartment building called to tell me that a set of tenants had moved out unexpectedly and that the people across the hall were complaining about a really nasty smell coming from the unit. He didn’t have a key and he didn’t really want to go inside…
Podcamp Michigan Agenda is Published
Podcamp Michigan 1 Agenda November 8, 2008 Speaker Presentation Time Rosh Sillars www.newmediaphotographer.com Photography For Bloggers And Social Media 9:05-9:50 Hajj Flemings http://twitter.com/hajjflemings http://hajjflemings.com/ Personal Branding  10:00-10:50 Jermiah Staes http://twitter.com/digitalvision http://portagemedia.com/socialcommentary/ + Beverly Cornell, 2008 Connectech Blogger Of The Year Podcasting And Blogging As Cornerstones Of Your Total Social Media Strategy   11:00 – 12:00 Lunch Break Shannon Paul http://twitter.com/shannonpaul http://veryofficialblog.com/ The Value Of Participation In Building Your Network Through Social Media. 1:00…
Latest Greatest
I mentioned in my Million Dollar Day post that I had an offer accepted in the afternoon. This is the property that I was referring to. The details: Harper Woods with Grosse Pointe Schools 3 bedroom, 1 bath 1100 square ft bungalow All brick, 2 car garage, central air New carpet, paint, and kitchen floor. New replacement windows, new roof. All appliances It needs no work and will is rentable on Day 1. Â I…
I Fought the Law – And – I Won
I just received three tickets in the mail. THREE! From the City of Harper Woods. It seems that the fine people in their Building Department believed that I was on the wrong side of the law when I bought two properties in their fine city earlier this year. And then again when I rented one of them a couple of weeks later. Three stinking tickets. And not the kind you can simply pay to make…
Talk About the Law of Unintended Consequences
As I look at the stock market, at the moment the DOW is at 10,844, down another 215 points today. Do you know what this means? That as of right now the market is only 476 points above where it was eight years ago after the internet bubble burst. It’s still above the lows that we saw after 911, but when you look at the market as a whole? Over the last eight years the…