Released on: May 18, 2008, 12:53 pm

Press Release Author: Right Now Marketing Group

Industry: Real Estate

Press Release Summary: A look at where the Detroit market has been and where it is
going from an experienced investor who has had his own ups and downs in the real
estate market



Press Release Body: Detroit, MI-The Detroit market has left novices and experienced
investors in regret, bankrupt, and empty-handed. Some say the day of
Wheeler-dealer's pitches, and high-profile reputation of national speakers is not
all good in the real estate game in Detroit, Michigan. Michigan is now one of the
leading States in foreclosures and unemployment.

Jennifer Dixon, Free Press staff writer said "Mark Maupin usually has a rumpled look
as he scouts Detroit and its suburbs in his car, always searching for his next real
estate deal, a cell phone ringing constantly in his hand." Behind Mark Maupin\'s
unassuming demeanor, however, is a man with a high-profile reputation. Over 30 years
of real estate investing, has resulted in over 3500 property sales, and having
dozens of metro Detroiters lend him money to finance real estate deals.

Maupin says "Some say I am a master at selling hope; and I am! I have purchased,
and been involved in selling, over 3500 properties. In doing this I have had major
successes and some failures. In our current market, many investors and homeowners
are going though what they think of as failures. I say you must have hope, and stay
in tune with the market. At one point in my life I was buying and fixing 8 homes a
month and reselling them very successfully. Then one day I woke up and said if I can
do eight month and I can do eighty a month. That was the major mistake in my life
that led to bankruptcy in September 2004 with debts of $2.44 million, most
unsecured, and with assets of $496,970 and with interest in 17 companies. I was
living in a $330,000 Highland township home which was over-leveraged. I had to take
all of my net worth plus, to try and keep afloat, so could make it all turn around.
I was totally out of control; I failed, in another instance, to repay $140,000 in
loans because some of the properties I bought were demolished. I had bit off more
than I could handle. There are always deals in real estate. Investors and home
owners need to learn from my failure; the best way to measure success in real estate
is one deal at a time. The biggest mistake I made is the same one I see other
investors make; that is taking on way more than they can handle. An investor has one
success and then says if I can buy and sell one I will be able to do five. The
investor exceeds what they are able to handle.

In the Detroit market we now have many long term investors who have lost everything
when the market did a down turn over the last year. They now have properties worth
less than what is owed on them. Many of them are facing state and federal
authorities investigating them and their dealings. It killed me when the company I
was member of, Donate Real Estate, a state-licensed fund-raiser that I had to help
sell properties on behalf of charities, was looked at by the state and federal
authorities. The sad part was we raised over 3 million dollars for charity, and end
up losing over + $400k and could not keep the company alive.

When I did go bankrupt I had one party go after me in federal court. And in the end
after all kinds of false changes by Jim Olson, Olson\'s company, Prairie & Pacific
Group, I won the case in federal court, proving them wrong. But what did that get
me? The answer is absolutely nothing! The whole point I want to make is take your
investment one deal at time. Don't put yourself in a position to take on more than
you can handle. Be responsible in your commitments. You do not want to end up as I
did, in bankruptcy and court, spending money to prove your point. The time, the
money, the negative energy for taking on more than you can handle is not the way to
handle your affairs.



Mark Maupin's Web sites address his Detroit Metro reputation,
www.MrLeaseOption.com , www.Ralphmaupin.com , www.MarkMaupin.net, and
www.DetroitInvestmentHomes.com








Web Site: http://www.mrleaseoption.com

Contact Details: Mark Maupin
maupin.mark@gmail.com