Changing My Direction.

Monday, February 05

    Real estate investing has provided me many opportunities over the years. The most important has been the ability to approach work the way I wanted to. I was trained as a pharmacist. I was attracted to that profession for several reasons and I held some pharmacist positions that I really like...

Confessions of a Private Lender.

Monday, January 01

I am a private lender, have been for nearly 4 years. I am not wealthy. The first deal I funded was for $50,000. That may seem like a lot of money right now but I assure you that if you follow a real estate investing plan you may soon find yourself in control of considerably more than that. ...

Don’t Ask for Money on Facebook.

Friday, May 12

     Private funding is a relationship business. If you are seeking funding you are not likely to be very successful asking on social media. I’m not saying you won’t reach people with money on Facebook, you most certainly will, but you are more likely to alienate people in your circle or near yo...

The “No Brainer”.

Thursday, May 11

     Avoid clichés in your proposals. They will rarely sell the deal and have the potential to do great harm.       My all-time least favorite term might be the “no brainer”. When you call your deal a “no brainer” are you saying that it is so good that it doesn’t require an investor or a lender...

Land Contract Case Studies. 2 LCs on 1 House.

Thursday, April 27

     This is the third installment in my series on land contract sales. The first introduced the concept of land contracts: Don’t Hire a Property Manager. Sell Your House To One. The last explained why I like to use land contracts and provided a basic case study: Land Contract Case Studies. Plai...

Magic House for Sale.

Wednesday, April 19

     I have revisited this article because I have been seeing a resurgence of this type of deceptive advertising in my area recently (suburban Detroit). This has been, primarily, by out of State sellers who have been trying to pass off properties they purchased at very low cost (because they ar...