As an investor- I’m frustrated and confused of what is going on in the real estate market. As a seller, I couldn’t be happier. Inexperienced buyers are out bidding each other with the expectation of appreciation and riches. In early 2017, I started to get nervous about the market. I didn’t want to repeat the same […]
Category: real estate
The Hidden World of Pre-foreclosures
You have probably heard that money is made when you buy not when you sell in real estate. This is truer today than ever. By the time a foreclosure reaches the open market (MLS) it has most likely been traded behind the scenes more than a few times. Therefore, the end buyer is only seeing […]
Would you have bought this house in 2011?
945 Virginia Ave, Grand Rapids MI If I had told you in 2011 that we could have purchased this property for $46,000 would you have invested with me? The answer is NO… I pleaded with people that the time was right and the returns made sense. Everything made sense other than investors emotions at the time. What […]