Yes But Why THAT One?

As I move between the worlds of residential and commercial real estate I’m realizing more and more that the fundamentals of both are a lot alike. Having spent the last few years building up a portfolio of single family rental properties, I’ve developed some very strict and specific criteria to use in my screening process. […]

Upgrades Outnumber Downgrades!

Just read some good news in the Wall Street Journal this morning regarding commercial real estate.   They reported that in the first half of 2008, the bond rating firm Moody’s had 234 upgrades, 123 downgrades, and 1452 decision of “no change” with respect to bonds and other instruments backed by commercial real estate mortgages.  […]

It's the Same Old Story, Same Old Song and Dance, My Friend.

Because I continue to be so bullish on real estate in metro Detroit, I’m constantly talking to people about buying rental properties here. Day in and day out, all kinds of people in all walks of life with all different backgrounds.   I have to say that the most common reaction that I hear is […]