detroit real estate economy economic development investment property foreclosure cash flow urban wholesale cash flow michigan: Keep Motivated
- 03/25/10 05:17 AM
My last blog I spoke about the importance of setting goals and the amazing effects it can have on your life. Almost as important is motivation. You need as much motivation as you can get. Personally I pour motivation into my mind all day. First thing in the morning I read famous quotes. I have motivational cds that I listen to when I drive and I work out. I also read books and watch motivational movies. I’m sure some of you are thinking I’m a little crazy! Let’s face it some of our goals are difficult and take quite some time (3 comments)
detroit real estate economy economic development investment property foreclosure cash flow urban wholesale cash flow michigan: Making Money in Real Estate While Making a Difference
- 04/29/09 03:32 AM
There are many myths out there when it comes to making money in business and real estate as well as how you need to operate your business to be successful. I’m sure most of you have been told or at least have heard that it is a “dog eat dog world”. Or maybe that in order for you to win, someone has to lose. My personal favorite is that the climb to the top is on the backs of others less fortunate. While all of the above may be Wall Street’s attitude towards successful investing, there are more enlightened ways. (1 comments)
detroit real estate economy economic development investment property foreclosure cash flow urban wholesale cash flow michigan: Detroit Real Estate Finally Gets the Spotlight!
- 03/16/09 05:02 AM
Detroit Real Estate Finally Gets the Spot Light!Urban Detroit Wholesalers on CNN tonight at 8:00pm EST!Detroit has received quite a bit of positive media attention of late as a city with bargain properties and a city worth investing in. This is a bright sunny light, finally and well deserved, for the city of Detroit and I am basking the warm glow of acceptance. Not that I needed it or wanted it but it is distinctly human to validated and proved correct.Detroit is finally getting its due as a major city in this country attracting serious investors. I have believed for over (4 comments)
detroit real estate economy economic development investment property foreclosure cash flow urban wholesale cash flow michigan: Specter of Fear DIE! Time to Build!
- 01/22/09 04:56 AM
Thursday, January 22, 2009 For the last year and half it seems to me like this nation and its people have been walking on egg shells, waiting for the other shoe to drop. Looking and searching for boogie men and finding fault in everything till our very thoughts and actions are poising us, our economy and our nation. How many bad thoughts should we have and more importantly, how long can we afford to expect terrible things to happen? I’m not trying to be Pollyanna here about the situation our country is in or the challenges that the City of Detroit (0 comments)
detroit real estate economy economic development investment property foreclosure cash flow urban wholesale cash flow michigan: Kill The Zombies in your Investment Graveyard!
- 01/09/09 01:59 AM
Slap yourself really hard... Twice....Good, now we can get started. Nothing has made me happier that to see the American love affair with the stock market end in a nasty divorce by the end of 2008. It has always bothered me that Americans would blindly invest in the stock market and get returns near 10% and sometimes greater without a clue as to what was really going on. Unfortunately, corporate America had to rob you of 40% or your retirement to get the point across.Welcome to the future. You must now pay attention to your investment capital. This will require that (1 comments)
detroit real estate economy economic development investment property foreclosure cash flow urban wholesale cash flow michigan: Time for Thanksgiving
- 11/25/08 01:00 AM
Thanksgiving is right around the corner and this is the time of year I like to give thanks to those who have done and given so much to me and my company. I would like to encourage you to do the same. When you are consistently setting and achieving high goals, it is natural to come across many road blocks. I can say from personal experience that sometimes it seems like the entire road is a road block! This sometimes makes me feel like nothing is going my way or that I haven't made any progress. That is why I started (0 comments)
detroit real estate economy economic development investment property foreclosure cash flow urban wholesale cash flow michigan: How are you spending and investing your time?
- 11/13/08 03:36 AM
People talk about how they spend and invest their and Jared and I have blogged about that quite a bit. This week I would like to blog about how you are spending and investing your time. Many of you may never have thought about it this way but three years ago I was knocked off of my seat when I read this quote from Robert Kiyosaki, “The only difference between a rich person and poor person is how they use their time.” This is from the book that changed my life, Rich Dad Poor Dad website. When I read that I (0 comments)
detroit real estate economy economic development investment property foreclosure cash flow urban wholesale cash flow michigan: Time to really learn how to run the numbers…
- 11/13/08 03:32 AM
One of the many things that attract real estate investors to Detroit is the incredibly low price tag. $35,000 buys you a nice house in a nice neighborhood that rents well, putting cash in your pocket every month. However, many investors pass over Detroit because the numbers are small and they are looking to make more money. What these investors are doing is looking at the amount of profit they will make versus their rate of return. Let's look at a few examples of what I'm talking about. Here is a deal you can do in Detroit right now all day (0 comments)