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…
Thank You
As you may have noticed, something was glaringly missing from my Wednesday Post: My Million Dollar Day. It was intentional. What I didn’t include were the many, many thank-you’s that I owe to the various people that have played a part in my “Apartment Questâ€. To think that I could have done this myself is ridiculous. It’s been a long road since I started this quest back in January, and the list of people that…
My Million Dollar Day
Yesterday was a good day in my real estate business. A pretty good day in fact. Because yesterday I bought a little over $1 million in real estate. One 20 unit apartment building and one single family home. (And didn’t use one penny of my own money. But that’s a topic for another post.) Not only that, but I had an offer accepted for what will be my 11th single family rental home, and a…
The Finish Line is in Sight
It’s been a while since I posted something to this topic. July I think. Mostly because I’ve found that when dealing with adults in commercial real estate the deal process is about as exciting as watching paint dry. And I hate painting. So let me bring you up to speed. We last left this thread with my last deal dead and me starting the lawsuit process for the return of my earnest money deposit. Well…
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…
Off Topic Friday: Is it the Haves and Have-Nots, or the Will and Will-Nots?
I saw an interesting discussion on twitter last evening. As you might expect, there has been some serious discussion about the economy and the stock market (which are two DIFFERENT things BTW). As you may know, twitter is heavily populated by “Web 2.0” types that know far more about social media and the internet that I do (or maybe than I ever will). They’re in lots of different fields, and many are actually (gasp!) using…