Category: Landlording

I attended the January meeting of the Renegade Detroit Investors last evening, and their guest speaker was Bob Norton. Bob’s from Michigan and still does a lot of deals here, and last night he talked about where the real estate market here is going. I joined the group last night – if you’re a serious investor in Metro Detroit you should too.

I keep saying that it’s a seminar when it’s really more of a conference. Multiple topics, multiple experts, round table discussions and even break-out sessions. And best of all we get to have fun and talk real estate inside on what’s likely to be a cold and dreary day. Join us on January 16th. I’ll be talking about why 2010 is the year to get your name on an Apartment Deed. This is likely almost…

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I just took an application from a tenant prospect that rented two houses from a guy that I talked to two years ago that had planned to take over the real estate world here in metro Detroit. My prospect rented two houses from this guy because he let them both go into foreclosure. The sad thing? At the time he was thinking of buying the first one he called me and asked me my opinion…

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I attended a mastermind a couple of weeks ago and the program was hot seats. It was both gratifying and humbling to see that all but one of the participants had approached me for advice, or guidance or with questions. So my question to you is – what can I do for you in 2010?

I see it a lot – folks that have to buy an apartment building or do a flip on their own so they can beat their chest and brag – that they did it on their own. Been there done that had the disease. But now I’m cured.

I think the concept of vacation days is the only good idea that ever came out of corporate america. I just love the concept of getting paid for not working! And that’s one of the reasons why I never want to have W2 employees. 🙂