Well, good news and mixed news.

On Wednesday, I closed on a condo in Memphis Tennessee. It's a property I found through the infamous Mr. Rosenberg. He's had friends snatching up real estate in a development for the past few years, so it was my turn to get a piece. It's managed by a company that we know and trust, so there's very little to do. And since it's so cheap, I paid all cash for it. I'll get a nice little check every month for it.... go on »