At the Bottom?

Financial advisor Jeff Link has provided a chart of the DJIA ending April of 2009 and one ending in 1932. I encourage you to have a look and a read, they show a very similar pattern. Maybe we have started to turn the corner?

No Bull

A local investor just introduced me to John T. Reed and I can't believe I have not heard of this guy before. Mr. Reed has been a real estate investor, property manager and broker. He has succeeded by focusing on the basics, NOT HYPE and offers to share his experiences with others through his web site, newsletter and books. I encourage everyone to check out what he has to say, especially his tips on Detecting a Real Estate B.S. Artist.

The fact I learned about him via referral and not a late-night infomercial validates everything he says.

Payment Protection not only for new cars, now rent!

One of the biggest and best residential management companies in the U.S., Riverstone Residential, is now offering tenants the opportunity to enroll in an "insurance" plan that will pay their rent for 2 months if they lose their job. Residents can enroll in the Pink Slip Protection program for less than $10/month.

With clear parallels to the automotive manufactures, the plan should attractive new residents and help retain existing ones by offering them some peace of mind in a very difficult job market.