Monthly Archives: February 2009

When I became a Renegade

I have always known that something wasn’t right about what I was learning in school and even much of what my parents were teaching me financially. I studied and worked hard to learn it anyway and was diligent like a good boy should. All the while I knew it wasn’t right. I didn’t know what wasn’t right; kind of like Neo in the movie, The Matrix. Some of you may laugh at the comparison and I know that many of you know exactly how I feel and can identify with the feeling. This didn’t stop me from doing exactly what I was taught to do and doing it well! I got all A’s, I worked really long and hard hours, and even enrolled in college at one point. I did all of this in an effort to be financially free and independent. Of course it didn’t work.
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Identifying Opportunity in Times of “Crisis”

"When written in Chinese, the word 'crisis' is composed of two characters - one represents danger, and the other represents opportunity." Now I'm not fluent in written or spoken Chinese so I have no idea if this is correct or not but it makes a very good point. Throughout Michigan in the past couple of years, even more so in Southeast Michigan, I have heard newspapers, workers, and everyone else state that our economy is in some form of a crisis or another. I'm not arguing the fact that we have significant challenges with our economy and the real estate market right now. What I'm arguing is where our focus should be.
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The Real Estate Race is On

Real estate investors are getting spoiled with all the great deals currently available in the market. Foreclosures and short sales have been driving inventory up, while home buyer demand has been down. How much longer can it last? A recent report from the National Association of Realtors (NAR) showed home prices falling from a year earlier by the biggest margin in over 40 years.
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