This was the apartment that I filmed a couple of weeks ago. Huge difference – thanks to a great contractor – Jason Pilotto of Solution Man – who understands that every day of vacancy is money out of my pocket.
Category: Landlording
CasMichigan Real Estate Investing TV: It’s ZERO Risk and 100% Occupied!
In normal markets risk and reward are in an unbreakable relationship. You want higher returns? Then you take higher risk. But the real estate market here in metro Detroit is not a normal market – external factors are acting upon it. And that has put the risk-reward relationship out of whack here – such that you CAN get higher returns without taking on more risk. IF you know where to look. What are you doing…
Michigan Real Estate Investing TV: You Negotiate, You Lose
One of the critical mistakes that I see new and inexperienced rental property owners make in their Michigan real estate investing businesses is that they let tenants negotiate the lease terms. That’s a bad idea.
Michigan Real Estate Investing TV: The Definition of Insanity
I got thrown out of college and moved to Lake Tahoe back in 1983. I learned a pretty good lesson simply by observing those that had arrived before I did.