This is a significant development in the rental market, especially if you rely on Section 8 tenants. I’m glad I have moved away from them over the last year.

When I moved back to Michigan in 1998 after living in California for 12 years, I made up my mind that I would psychologically will myself to wear shorts into December. Well guess what? It wasn’t a psychological issue – it was a physical one. And I find that the same goes with work. I can appreciate all the happy head social media experts posting their feel good quotes and smiley faces all over facebook,…

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This has been the most challenging 90 day period since I started up my real estate business six and a half years ago. And to top it off some significant personal issues arose as well. But they’re in the past, and now it’s time to close out 2010 strong and set the foundation for 2011.

This is another one of those “Captain Obvious” reports. After the Apartment Bus Tour last month a couple of offers came in on buildings we looked at that made me realize how important perspective and experience are with respect to pricing offers. And how they are not often easily transferable between different types of real estate investing.

I’ve been studying sales processes lately, and I picked up a really interesting book on the topic this week. It’s called “You Can’t Teach a Kid to Ride a Bike at a Seminar”. I was surprised how relevant the title was to real estate investors.

Entirely by accident I listened to a few minutes of the mutual fund sales puke show on one of our local radio stations. Talk about selective perception. This clown takes the cake. When the market is up – it’s a RALLY AND BUY EVERYTHING YOU CAN GET YOUR HANDS ON. And guess what? When the market is down, IT”S AN OPPORTUNITY TO BUY BECAUSE EVERYTHING IS CHEAP!!!