The Metro Blog

Sharpen your knowledge on real estate. Read articles recommended by MREIA President, Dan Schwartz. 

March 28, 2019

This check list should be used by you or your maintenance department to maintain and upgrade your property. Every property is different and will have its own unique safety and maintenance issues. Take the time to survey your property so you can add to or delete items f...

March 28, 2019

Keep your rentals (and your own home) running smoothly and looking great with this simple checklist. Making these repairs and/or additions may also attract possible tenants to that vacancy you have been trying to rent out!

  • Repair window screens and check screening o...

Today's breakfast meeting hosted by Dave Corsi and Brian Mann was a wealth of information! Around 20+ people attended and we went into in-depth discussions about finding deals, contractors, and setting up business entities.

Just for showing up, all attend...

March 18, 2019

Chances are you know the seven warning signs of cancer; many people do. But do you know the seven red flags that a lender is taking advantage of you? Or that the loan you are considering is not in your best interests?

If not, the Federal Trade Commission warns in an upd...

Q: If I buy a house on contract for deed in my business name, should the insurance policy be in the business name or in my personal name?

A: The insurance policy should be in your business name.  However, I have run into problems getting the insurance agents to put the...

March 17, 2019

Baseball Numbers: "No question, Babe Ruth is the greatest hitter to ever live! Lifetime average .342, on base % .474, slugging % .690, 2213 RBIs. One home run every nine at bats! No steroids either!"

Fantasy Football Numbers: "Peyton Manning, the sure first ballot Hall...

March 17, 2019

Q. If I retail a house to someone whose credit is borderline, do I have a responsibility to make sure that they are getting a loan they can afford? I mean, most of these buyers aren’t realizing that if the ARM goes from a 7% loan to an 8% loan, that could mean $120 mor...

March 10, 2019

1. Depreciation is most similar to:

A. Depression
B. Free gift from Uncle Sam
C. Loan
D. PMI payments

2. Depreciation recapture:

  1. Is a new thriller starring Bruce Willis

B. Applies to commercial properties only
C. Applies to all depreciated properties
D. Applies even...

March 10, 2019

Most of us don’t know very much about electricity in the home. Oh, we know how to change our light bulbs and how to reset the circuit breaker when the hair dryer blows the circuit, but after that, it seems kind of mysterious to us.

All the people who do know something a...

March 10, 2019

Editor’s Note: Other articles about spring cleaning can be found in the Metro: April 2009, April and May 2012, June 2011, April 2015, February 2014, March and April 2016. You might consider sending the article below to your tenants.

Spring time is a great time to clean,...