Vultures Are Circling Over Distressed Properties

This was a headline in Saturday’s Washington Post. Like the New York Times, you can always count on the ol’ Post to get things exactly 180 degrees wrong. Vultures? Really?? I don’t know about you, but that description sounds pretty bad. Even a bit sinister. Maybe a touch evil. They like to make ma and […]

Housing Cools, Inflation's Up. See I Told You So . . . .

Two short months ago I wrote about the unbelievable action that the Federal Reserve took to prop up our sagging stock market by injecting billions of dollars into the economy, and that it didn’t take a freshman econ whiz kid to tell that this would undoubtedly lead to an increase in the inflation rate. Strangely […]

The Foreclosure Concierge

I started a new line of business last week. If you’ve been reading this blog, you know that I’m a big proponent of buying single family homes and holding them as long-term rentals. It’s my belief that it’s an ideal way to build real wealth. The idea had been jelling in my mind for a […]