Finishing is the most important part of the process, because you don’t get paid until the job is completely done.
Tag: michigan real estate investing
Michigan Real Estate Investing TV: Doing Battle with the Westland Housing Commission
The Westland Housing Commission is trying to skake out from under their responsibilities as a Section 8 agency. I am not going to let that happen.
Michigan Real Estate Investing TV: We’re Creating the Future!
It seems like it some times. As a simple question that’s outside of “the way that we always do it” and you’re met with a blank stare. But the results are worth it if you force the issue.
Michigan Real Estate Investing TV: Choose Customers? Damn Right!
Seth Godin is a business blog writer who generally speaks to the corporate crowd. I don’t always agree with what he writes, mostly because he has a “silicon valley” perspective that’s pretty much usless here in the auto industry, but today he wrote about something that is completely relevant, and I say critical, to being a successful and happy rental property owner.
Michigan Real Estate Investing TV: Here’s a News Flash . . .
Real Estate is LOCAL! What it is with these national writers? Sitting in their easy chairs in Dubuque and writing articles about other areas based on their “in depth” research using Zillow??
Michigan Real Estate Investing TV: Trust But Verify!
When I visited the Mt Clemens property I realized that Mr Seller was renting out a storage room as a studio, and he had included that revenue in his numbers. I then used those numbers to make my offer. Since it’s not practical to plan to re-rent a potentially illegal studio, I re-ran my numbers and as you’d expect, removing that revenue significantly impacted the profitability of the property. And not in a good way.