Hi guys, I'm a investor In Oakland county, Michigan (North of Detroit) I have 36 rental units and on the units that I manage myself I give my tenants a deposit only ATM card ( Bank of America as many as you want for free) .

Credit score is a metric that measures how well a tenant pays their bills and debts, such as rent and usually considered the number one factor in tenant screening.It's only a proposal thus far, but Minneapolis might become the least landlord friendly city in America!

In ski towns across America, housing prices are at an all time high demand is at all time high and supply all time low. 

Corporate America just doesn't do it for me anymore.

I have not been to Belgium but I have met some very nice folks from your county while traveling in Europe and South America. 

Account ClosedHousing is limited across America.

America is also car poor, credit card poor, and student loan poor.

I wish I could started yrs ago, However I just purchased my first rental property not to long ago.Recently I went to real estate wealth expo and saw and met alot of re gurus, Do you believe they are now selling these products bc the Real estate market is drying up in North america?

Be careful of Short Sale realtors, some are good, some are not good, and if you make a mistake and send them to nonperforming short sale realtor, you Will have a problemfor example Bank of America is very different from Wells Fargo which is very different from ChaseAn idea is to have the seller participate in the negative cash flow.Let's say that we have a house that has a value of 100,000, and they bought at the top of the market, and they owe 101,000, and you want at least $10,000 position in the property.Let's say that the market rent is 1000, and the P I T I is $800, not including maintenance.I would talk to the seller about the danger of buying a property that's over leveraged, and tell him it would cost about 10% to sell, including the commissions, closing costs, sellers concessions, etcAnother words it's very expensive to sell a house, or to liquidate your position.Their choices are to bring cash to closing, rented out and deal with tenants or property managers or both, damage, evictions, etcWhen I would consider doing is to buy the property subject to existing financing, if they would sign a note for $10,000 and pay 500 a month, with no interest as long as the payment was on time, and if it's late payment interest might be 8% or so.Is that a good deal for them?

I was an IT specialist working corporate america who in 2005, decided to drop out of the corporate world and begin building his own fortune.Lately most of my deals have landed in Ohio.