One year ago today I had a million dollar day – I bought a million dollars worth of real estate in one day. The last 12 months have been quite an experience learning how to manage an apartment building.
Tag: cash flow. cashflow dennis
Michigan Real Estate Investing TV: My Book Publishing Nightmare
Back in the summer I finished writing my first book. It’s on buying rental houses and IF it ever gets published the title will be “How to Buy Your FIRST Set and Forget Rental House”. The operative term though is IF. I’m self-publishing using Lulu.com, and dealing with them has been a nightmare. Although I did, finally today, push the button and approve the text and cover. So I’m crossing my fingers that it’s really…
Michigan Real Estate Investing TV: Lots of Irons in the Fire This Fall
From the Mt Clemens apartment project on Friday to my Set and Forget Rental Property Bootcamp this weekend to a meeting with a new partner last night – this is the time of year when things really heat up. And it’s a lot of fun.
Michigan Real Estate Investing TV: Scotch and Cigars-the Perfect Mastermind
Who are you meeting with on a regular basis to bounce your ideas and strategies off of? Will they tell you that you’re full of crap if you are?
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…
Brass Tacks, Brass Balls, Whatever. It’s Time to Decide
It’s been a while since I’ve posted an update to my Apartment Quest series.  It hasn’t been due to any lack of motivation or activity on my part. Nope. Our lack of progress has been due to Mr. Seller. It seems that he’s been hitting the crack pipe lately – hard!  He somehow got the idea that he can call all the shots and sell a $1 million building on his own terms…