Hey John, Welcome to the board...and remember, when it gets hot, the ice tends to melt!

The bottom was 2009 so you might have a few more years of appreciation and then it will be time to cash out and get ready to take advantage of the feeding frenzy during the next melt down.

I think the bank is the cause of the melt down for loaning to every Tom, Dick and Harry and if the banks had tight rules and honest employees, I don't think there would have been a melt down...

Water has a lot of "heat capacity" so melting snow and ice with resistive electricity can be power intensive.It would be very expensive to operate.Heated driveways are for rich people.

Any way.at that time we were buying wholesale deals in Detroit at 60 to 80k per house.. putting the rehab into them of 15 to 25k and they then appraised at 120 to 160k each.. investors pulled all their cash out plus usually a little cash back and were happy with 100 a month cash flow with money in their pocket after close.well it started melting down there actually about 05 06.. and at the end of the day those BRRR s that hundreds hundreds of investors bought went all the way down to 10 to 20k.. it was a blood bath..

Pizza without dough is just toppings with delicious melted cheese.

Your brains and our money did not go over very well in the melt down.

I have found another useful tactics is to make bandit signs with info on it like" 3/2 1400sqft 65,000 CASH ONLY with your number" and your phone will melt with cash buyers looking for that house.

It was covered with a foot of snow and once it all melted in the spring I found out the roof needed to be completely torn off and redone. 

I am a licensed, bonded, insured Electrical Contractor that moved to the Omaha area after the housing melt down. 20 years experience with about half of it in residential.