Category Archives: Investing
Investing Outside of Wall Street – THE essential book for real-estate investing
Toward the end of 2004, when I left the corporate world to finally begin focusing on real-estate investing, I was bombarded with a lot of books, recommended by those who wanted to help me succeed. For someone like me who … Continue reading
Investing Outside of Wall Street – Regrets?
Recently, we were invited to our dear friends’ house for dinner. We had a lovely time – especially after the long Covid lockdown, mandated by the government. All of us had worked in the automotive industry. Both of our friends … Continue reading
Investing Outside of Wall Street – No offers, no deals
Just as the title says, my real-estate coach emphasizes the importance of making offers. To buy real estate for investment, we must: Gather seller information Analyze each deal Make an offer Real estate is not difficult, but it does require … Continue reading
Investing Outside of Wall Street – My focus for the next 3 years
For most of us who used to work for corporations, the common sources of retirement income – Social Security and pension – are both under-funded. Decisions related to these fixed-income sources are being made by those whom we, recipients, do … Continue reading
Time sensitive: 2021 Michigan real-estate license renewal
Are you frustrated about the fact that EVERYONE’s license was to expire on 10/31/2021, and that you had to wait forever to get help because something(s) did not work due to the system’s migration to MiPLUS? Here is a helpful … Continue reading
Investing Outside of Wall Street – Refinancing rental properties
In the past, we knew of no bank that would let us, investors, refinance rental properties in the name of the LLCs. It used to be such a pain to have to take them out of the LLCs into our … Continue reading
Investing Outside of Wall Street – Importance of the money trail
It was in 2006 when we finally bit the bullet and bought our first rental property. Originally, we self-funded it through an LLC. No other party was involved in the purchase of the deal. Shortly thereafter, we refinanced it with … Continue reading
Investing Outside of Wall Street – Keeping the ball in the other guy’s court
In tennis, the name of the game is to hit the ball right back into the opponent’s court within its boundaries. Recently, I had an epiphany that the world of business is somewhat like that, albeit not always. Let me … Continue reading
Investing Outside of Wall Street – From offer to closing in 15 days
I don’t mean to brag but the title of this post sounds incredible, doesn’t it? Like zero to sixty in 5 seconds for a Formula 1 car! And, yes, I am very proud of what I consider a crowning achievement … Continue reading
Investing Outside of Wall Street – Grateful for our friends
Roughly a decade and a half ago, David and I began investing in real estate. Ever since, we have been faithful participants at several monthly gatherings, locally, organized by a few main groups. It is amazing how much we continue … Continue reading