I had an interesting experience last weekend. It was my daughter’s birthday, and she wanted to barbecue for her birthday dinner. So after the long frigid, and never ending winter, I made my way over to the propane exchange store nearest my house. I’ve lived here going on 12 years. And I’ve been going to this same propane exchange guy for at least five. I honestly can’t recall how long it has been. So it…
Burn Your Ships? I Don’t Think So!
Jobs are awesome. Having a job is one of the greatest benefits you can have while you’re starting a business. Especially a real estate business that takes some time to ramp up. The reason is, as I discussed in the last post, is because a job serves as a safety net. You have a source of income coming in. You can put food on the table, pay your mortgage or rent, and put gas in…
J.O.B. Seriously?
Are you a sick and tired of this as I am? It seems like every time I check my email, some idiot goo-roo is pitching his “solution†to having a job. And of course they have all kinds of cutsey acronyms for JOB. Tell me if you’ve heard these: – Just Over Broke – Just Obey Boss – Jackass Of Boss And on and on and on. Well you know what? Those f’ing goo-roos can…
Newsflash – It Ain’t That Hard to Be a Set and Forget Landlord…
Here’s a news flash – being a landlord isn’t rocket science. Seriously. It just ain’t all that hard to own rental properties and make money at it. With very little work on your part. Actually – to be precise, it ain’t all that hard IF you do two simple and pretty obvious things. And that’s to heed the Two Critical Success Factors for owning rental properties. That’s all it takes. Seriously. If you simply heed…
I Have a Secret…
Yep. I have a secret. Something that I’ve never told anyone. But I have to come clean. What’s the secret? Well, I have a tenant in one of my houses. They moved in right after I bought it in the fall of 2006. They’ve been with me now for seven and a half years. The secret is that I haven’t raised their rent one dime since they’ve been living there. That’s right – they’re paying…
Not All Detroit Suburbs Were Created Equal
Crazy. Not just garden variety crazy. Nope. I’m talking batsh*t crazy. I got an email yesterday. From another crack smoking clown, who doesn’t even live here, peddling turn key properties here to unsuspecting investors out of state and out of the country. This guy has made a career out of shoveling crap Detroit properties with section 8 tenants out the door by the truck load. But now his game has changed. His email yesterday was…