The Real Wealth Expert Panel

Greetings from the metropolis of Cedar Crest, NM!

As I write this post, the Weather Channel is predicting a  HUGE snow storm for the area.  The Weather Channel is such a tease!

Anyway….”Sign of the times”…?  Early last year…and for the past few years…hotels have been a hot asset.  Well…now….hotels are the “black sheep” of the already ugly commercial real estate family.  So bad that project are being abandoned right in the middle of construction.  Check out this article (click HERE) and brace yourself for a warm reality check.  Now…when everyone is running….should you be buying?

Today’s post is awesome and is loaded.  Unlike the Weather Channel (being a tease), This post is an education all by itself.  We have another question from Paul in Lubbock, TX and it is deep!  So deep, that the answers below are from “The Real Wealth Expert Panel”  regarding Commercial Real Estate Investing Strategies for the beginner investor………

Rob, how can I get engaged to learn more about successful strategies pertaining to commercial real estate portfolio building and more opportunities in commercial real estate investing?  I really believe that is where I want to build more wealth; versus residential real estate investing.  In the next 5 years (I’ll be 55), my goal is to create as much passive income as I possibly can.  What would be a realistic “annual passive income goal” for 2009; for 3 years; for 5 years?  Is it possible to build a $1M commercial real estate portfolio that yields an average of 10% ($100,000) / year cash flow in 5 years?  That’s an average of $20,000/ year.  I don’t know if that’s possible, but I sure would like to give it a try if it is.

Can you get me started down a RIGHT path?  I’ve heard of others doing it; just can’t quite figure it out on my own.

Thanks and I look forward to hearing from you ……. Paul

Steve Maxwell - Commercial Real Estate Coach

Steve Maxwell’s take:

I also prefer commercial RE over residential … although both have their benefits.  2 of the biggest reasons for my preference are:

1. Leverage – I’ve found that acquire a multi-unit property such as a 200-unit complex is no where near 200 times as much effort as acquiring 200 single family homes for rentals.  In fact my first “multi-unit” was a 6-unit condo complex that I did everything on (and it was in a rougher area of town).  Then my first larger multi-unit was a 206-unit in another state.  I spend well under 1/10^th of the time on the larger 206-unit … than the small 6-units (where I did everything).  Part of the reason for this is LEVERAGE … I can choose to self-manage 6 units … but even working full time I can’t handle a 206-unit property by myself .. thus in a good way I’m forced to use  professional management – which makes all the difference.

2. Cash Flow – While it is possible to generate cash flow with single family homes (i.e. my brother Rob negotiated buying 4 homes free and clear with seller financing where we FOCUSED on how COULD we set the deal up to CF … and we negotiated a 4% interest rate over 45 years … and thus cash flowed $200/mth for each of the houses) … still this took a lot of effort.  While it’s not a given it is EXPECTED that larger commercial properties should cash flow.  Part of this is the economies of scale … for example a larger property can “afford” to have professional management and still cash flow … but again you have to focus on this to make it happen.  How CAN you structure the deal to cash flow?

My experience with generating cash flow from commercial real estate is this happens mostly with the following …

1. When I sell the real estate for a profit.  This is “typical” way to generate “cash” … but this really isn’t “cash FLOW” … unless you’re continually selling properties.  IF you use this route the key

Steve Maxwell

is to buy well and/or “force” the appreciation.  Don’t make the mistake of just “counting” on the property to appreciate.  It may do this over time especially if you include paying down the loan … but this is the slowest and riskiest approach.

2.  Getting a return on cash I invest in commercial real estate.  You ask below is it possible to generate $100,000 a year on a “million dollar” RE portfolio.  IF you’re talking about investing a million dollars it IS (with careful planning and either experience or advisors) to generate a 10% (or possibly better) return on this million dollars … PLUS you’ll possibly have lots of tax advantages especially if you or your spouse are a real estate professional.  The first 206-unit I mention above has consistently provided a 13.5% return on the money we invested (which is pretty darn good for a performing property).  Some of our deals have done even better … while some haven’t done as well.  Although it may be much more work, an ideal candidate might be a property that is a little positive CF initially BUT with opportunity to significantly improve the cash flow.  Note that GREAT property management is key!

3. Cash flow generated as a “founder” or “manager” of the deal where I raise outside funds with investors.  This may include an acquisition fee for pulling the deal together (although we didn’t include this on our first deals but now that we have more experience and are able to negotiate better terms this is more common).  There are lots of ways to structure deals with investor money but one typical way is to offer money investors class A ownership where they receive the principle back before anyone shares any profits on a sale, and then you split the profits with the founders/managers.  You could set this up for investors and founders to evenly share this 50/50 both for the on-going cash flow and back end profits … but it doesn’t need to be this way.  What are your goals AND what are your investors looking for?  If they’re using retirements funds via a self directed IRA they may not care as much about cash flow and want more of the backend profits.

Your last comment about “how to get started and its been tough on your own” … I can relate to.  My partners and I paid a fair bit to learn how to do this, and after our first deal we had an interesting conversation with our lender.  He shared that he was now a believer, but when we started he didn’t think we’d be able to pull it off because we didn’t fit the typical “mold” for many commercial real estate investors – typically older, lots of money & experience … i.e. been playing the game awhile.  The difference was we took the time to learn from others who had done it.

Emily Cressy Real Estate Investor and Coach

Emily Cressey’s take:

Dear Paul,

Thanks so much for your question.  First of all, let’s put one thing to rest – it’s not that you’re “not smart enough” to do commercial real estate investing successfully.  There are a lot of people who have made money investing in commercial real estate and built up big streams of residual income without being that smart.

Some of them had a lot of guts and made daring bets that paid off, some were in the right place at the right time, some had a lot of time, others, a lot of money.  And some had a good education.

Second, I want to put to rest the idea that investing in real estate is a ‘get rich quick’ scheme.  It’s not.

The trouble is that a lot of promoters out there are suggesting that it is, and it can lead to a lot of disappointments when you think you “should” be able to reach a goal that is very difficult (if not impossible) for ordinary people to reach consistently.

That being said, you can create a lot of wealth in real estate investing if you are able to invest for the long term, and/or add value to the properties you buy, and/or collect enough information about the marketplace (including identifying motivated sellers) so that you can scoop up good deals at below market price.

Although it is possible to invest in real estate with no cash, credit, etc. it is very difficult to do that ALONE.  If you don’t have money to put into your investments, you’ll have to find people that do.  We just got an inquiry from a potential client who is a real estate SYNDICATOR.  He pulls together folks with money but no time (doctors in his case) and invests his TIME in order to put together deals that are profitable for everyone.

Financially, here’s what you can expect:

We look at properties that yield a 15% rate of cash-on-cash return.  That means for every $100,000 of our own money (or investors’ funds) that we put into the deal, we expect to make

Emily Cressey

$15,000 each year.

If you put $1 Million dollars into a property, you could reasonably get a $150,000 cash flow.  Paul, if you have $1 Million to invest in real estate, you are ready to go.  Buy one big property or a number of smaller ones, hire professional management, and you are set.  You have met your passive income goal in 1 year.

However, a lot of us don’t have a million bucks when we’re starting out.  We may only have $100,000 or even less.

What are some other alternatives to help us reach our lifestyle goals?

One way we have chosen to get into bigger deals is by inviting private investors to buy a property with us.

Let’s say we can find a $5 Million property that requires 20% down payment and will be 80% financed by the bank.  It meets our other criteria for being a good deal, including having a strong cash flow.  We know that if we put $1,000,000 into the property and reach the 15% cash-on-cash return goal, we’ll make $150,000/year.

We structure the deal so it is very attractive to investors.  Personally, Grassland Investments has put together deals like this where we offer a 12% rate of return to investors (so they get 120,000/year.  Grasslands gets the cash flow above this level (assuming the property performs well) and so our income would be $30,000/year.

You can see, Paul, that with a few deals like this, you could also reach your income goals pretty quickly.

However, I would advise you against entering the commercial real estate investment arena with no experience and putting your investors’ money into a $5 Million deal.  Things can and do go wrong in real estate, and it’s nice to have some money to fall back on in case you need to bail your investors out and cover some unexpected expenses.

We started small – on a $600,000 property that we got 100% financed.

If you have $100,000 to invest, I would say start with a $500,000 property… you’ll need at least 20% down in today’s lending market, which is $100,000 down payment.

Instead of putting all your money into this one deal, see if you can find a couple of other partners to put in $75,000 and bring $25,000 of your own money to the deal.

Using the assumptions and rate of return figures I mentioned above, this deal should produce $3750/year from the income you invested, plus $2250/year after you’ve paid your investors.

You could buy four more deals just like this, but I would suggest only putting $75,000 of your own money into the deals, and keeping at least $25,000 liquid so you have some cash to cover emergencies.

Year 1: Find One Deal, Have $25,000 Invested –> 15% Rate of Return, Earn 3% rate of return on partners $75,000.  Total Income: $6,000

Year 2: Find a Second Deal.  Income $6,000 From Deal 1 and $6,000 from Deal 2 – $12,000 Total

Year 3: Find a Third Deal.  Total Income: $18,000.

Now you have invested your whole “nest egg” of $75,000 – with $25,000 kept in reserve.  In addition, you have collected $6000 + $12,000 + $18,000 in revenue which is an additional $36,000 in cash.

You also have an equity position in each of the properties you bought.  Depending on how you structured your deal, you might have a 50% equity stake or higher.  Let’s use 50% equity for the sake of simplicity.

Also, property values and appreciation rates vary WIDELY around the country.  I’m going to use very conservative figures because the market is flat/falling right now and when you invest in areas with big cash flow, they often don’t appreciate as well.

Let’s assume each property appreciates at 2% each year.

Deal one: Bought for $500,000, after 3 years is worth: $530,000.  If you have to sell with a 6% commission, then you’re just breaking even on this property.  So we will say you have no equity build up for the first 3 years in the property.

You should have tax savings and debt pay down as your other 2 profit centers.  But tax laws are going to be changing thanks to the new president, and there are a lot of interest-only loans out there, now so let’s just keep things simple and avoid complicating an otherwise long article with those two factors…

So, you’ve acquired 3 properties in 3 years.  Let’s say you take 2 years off.  What’s your position after 5 years look like?

1) Cash Flow: You have $18,000/year in passive income.

2) Cash: You have $97,000 in cash reserves

3) Equity: $61,000 (See Explanation Below)

Property one: Worth $551,000

Property two: Worth $530,000

Property three: Worth $541,000

You paid $500,000 for each, and we’re not counting debt pay down, so your total equity in the buildings is $122,000.  If you split half that with your partners, your position is $61,000 in equity.

So, now the numbers look a little better and we can start having some fun.

You can refinance or use a line of credit to get access to your equity.  Let’s say you use $50,000 to be conservative, and let’s say that wipes out $4,000 of your annual cash flow.  Also, you want to keep some money in cash reserves – $47,000 now since you’re working on bigger properties – so you have $50,000 cash to invest.

You buy properties with similar rates of return before.  It could be one big property or smaller properties, and you use investors like you did before.

Let’s say you put $100,000 to work in $2 Million worth of real estate properties.   Let’s say you know what you’re doing now, so you accomplish all this during Year 6.

Here’s what Year 6 looks like.

Cash Flow: $28,000/year ($18,000 – $4,000 for your first 3 properties = $14,000) + (15% cash on cash return for the $100,000 you invested in Property 4 = $15,000) (3% return on the $300,000 your private money partners invested in Property 4 = $9,000 )

Real Estate Owned:

Property 1: Worth $562,000 – $50,000 line of credit

Property 2: Worth $551,000

Property 3: Worth $530,000

Property 4: New Acquisition Worth $2,000,000

Fast forward to Year 10:

Property 1: Worth $608,000 – $50,000 line of credit

Property 2: Worth $596,000

Property 3: Worth $574,000

Property 4: Worth $2,250,000

Let’s say you sell all your properties (paying 6% in realtor fees) and pay your partners 50% of the equity.  You pay off debt equivalent to what you bought the property for.  You get $333,440 for your equity.

Plus you’ve gained $112,000 from the cash flow for the last four years.

Now… if you take this $445,440 and invest it at 15% cash-on-cash return you can get $66,800/year in cash flow.

Now, it’s not going to set you up like a Rockefeller, but it’s not a bad living in retirement. With only 10 years and $100,000 to start with, it stacks up pretty well.

This is a conservative plan, but hopefully that makes it more compelling – since you know it’s realistic and do-able.

According to Lisa Vander’s great book -The Real Guide to Making Millions Through Real Estate – You should be able to make about 20-30% rate of your return on your equity invested in real estate once you factor in all the profit centers:  Cash Flow, Appreciation, Debt Pay Down and Tax Savings.  (Remember, this model leaves out those last 2 entirely, and is very conservative with Appreciation.

Also, remember that the income your real estate produces will be inflation-adjusted, which a lot of retirement income streams are not.  This will be increasingly important as the government seeks to allay its deficit spending by reducing the value of the dollar through printing more money.

I hope this is a helpful scenario to walk you through what is not just *possible* (which is what you asked) but what is actually *realistic* when it comes to building wealth through real estate.

Feel free to change the assumptions and you will see that it is certainly possible to do much better than what I have described here, if you have more time, energy and effort to invest.

To Prosperity!  Emily

Commercial Real Estate News in the Blog-O-Sphere:

Financial Crisis Casts Shadow Over Commercial Real Estate … – At the end of September 2008, US policymakers had been working for more than a year to contain the shock waves from plunging home prices and the subsequent financial market turmoil. For the Federal Reserve, the crisis has given new …Commercial Real Estate Crisis Grows | Boom2Bust.com – 2 Responses to “Commercial Real Estate Crisis Grows”. Mammoth Says: November 29th, 2008 at 10:12 am. Well, didja do your duty by spending ‘Black Friday’ at the mall? We do our Christmas shopping item by item all year long, … Nothing On the Drawing Board: Architect Index Drops to All-Time … – The latest round of predictions and surveys released this week won’t do much to allay the anxiety gripping commercial real estate. The latest Architecture Billings Index, a monthly… REALTOR® Magazine-Daily News-Construction Slowdown Hits Commercial – “Employment in every industry that has benefited from commercial real estate investment should slow – architects, engineers, janitorial, hospitality, building material manufacturing, commodity input providers, distributors.” … Is a New Blow Coming for Real Estate ETFs? | ETF Trends – ETF commercial real estate As we hear about home foreclosures and defaults on loans across the country, the commercial real estate market and its related REIT exchange traded funds (ETFs) brace for a possible multi-billion dollar … Expensive commercial property abandoned by firms seeking cheaper … – North America: Top Headline. Expensive commercial property abandoned by firms seeking cheaper options. Real estate and financial service companies are abandoning fashionable and expensive offices in Los Angeles and moving to cheaper … Real Estate Blog – 10 Outrageous Claims For 2009 – User36590_5_t Michael Haltman (Exeter Commercial LLC) — The Political and Financial markets Commentator. View all real estate listings in your area :. ActiveRain real estate agent network. Members: 125394 Login …

Until Next time…..rob

Meet Rob Powell

Rob Powell commercial real estate investor

Rob Powell’s life story and investment strategies have been written about in the followings books and publications:

* Maui Millionaires by David Finkel and Diane Kennedy
* Making Big Money In Foreclosures By Peter Conti
* Buying Real Estate Without Cash or Credit By Peter Conti and David Finkel
* Commercial Real Estate for Dummies By Peter Conti and Peter Harris

Who in the world is Rob Powell?
by Emily Cressey

Rob coined the term “Wealth Lifelines” to talk about the special deep and transparent relationships he’s able to form with people he meets that often naturally turn into a strong and powerful part of his wealth-building strategy. Rob is a master and creating *connections* with people – without any pretense.

He works to SERVE first. He really cares about people. When people see how much passion he puts into getting to know them, and seeing them be successful, they are often drawn to find or invest ways to work with him. Business relationships often grow from those seeds of friendship.

Since Rob is such a popular guy, I thought it would be fun if EVERYONE could get to know him and his story a little bit better.

I met Rob in 2002 when we were both attending a real estate investor training put on by Mentor Financial Group. Rob was fed up with his job as a consultant and looking for something new. The business travel was wreaking havoc on his family life and he knew he NEEDED to change.

True to form though, he wasn’t suffering alone with these thoughts… he was hanging out in the lobby of the hotel, making friends (with me, my roommate at the seminar, and eventually some wedding guests he chatted up that invited him along to the wedding reception they were attending!)

I next saw Rob a few months later on a video put out by the real estate training company. He was one of their “success stories” – sharing how he had put 9 deals under contract in the few short months since we had left their 3-Day Intensive Training. I knew at that point, that he was one to watch!

Rob eventually was invited to be a coach for this training company and we started hanging out and talking more. I knew that Rob was getting involved in commercial investing and that was a direction I wanted to go, too.

When I shyly broached this subject to Rob, he encouraged me to start looking at commercial deals and bringing him properties that I thought looked good, so that he could review them with me. (There he went again… always creating value FIRST in his relationships!)

A few months after that, we both attended another real estate conference in Maui and he and his business partner Roger Maupin approached me about working with them on some deals. That’s how Grassland Investments, LLC was born! Rob brought our team our first commercial deal shortly thereafter, and we were in business!

Because of all his personal success – his mentors started taking notice…

Rob Powell, referred to as a “corporate road warrior turned real estate investor,” by David Finkel and Peter Conti in their book “Buying Real Estate Without Cash or Credit,” was not only a successful investor, but started being asked to attend real estate conferences as a speaker and train other students as a coach.

His list of companies he owned grew… not only is Rob a co-founder and member of Grassland Investments, he’s also started TheREALWealthCompany.com to help spread real estate, business and financial information that works; founded Jaxon Texas Property Management to handle his and others’ real estate holdings; and has launched Jaxon Texas Commercial Real Estate Brokerage to broker real estate transactions.
Clearly – this guy is something special! It’s such a privilege to be able to work with him!

If you want to keep up with Rob’s thoughts (ponderings?) these days, one of the best ways to communicate with him is through his blog. He just started WealthLifelines.com detailing his real estate investing adventures, and exploring his (and his friends’) ideas on entrepreneurship and wealth-building strategies. If you comment on the blog – chances are he’ll write back!

For me, I can probably say that Rob Powell has been one of the top 3 business contacts of my life and has made a profound difference in the way I see myself, my investing, and my own business opportunities. I hope you take the time to learn more about this incredibly successful, and down-to-earth-nice guy through reading these books or his blog. If you subscribe to his blog (RSS), you can get his thoughts emailed to you every day. Now what could be better than that?

Sincerely,

Emily Cressey

In the news…..more bank closures (FDIC is hard a work)….more foreclosures….Obama and McCain (is this the best we have?…crap!) . We are in a sad state…..Oh…but wait…opportunities abound right…just ask Rudy Giuliani….oh…but don’t ask Donald Trump.

Anyway….latest and greatest regarding commercial real estate news and articles….

Centro to Sell Fund’s US Malls

Similar declines in commercial-real-estate values throughout the US are adding to the problems facing banks and other lenders who, to this point, have been hammered mostly by the housing market’s troubles. So far, the default rate among …

Foreclosure Slump Hits Commercial Real Estate – AP

“The city’s commercial sectors clocked the second-worst increase in vacancies in the past year, according to Marcus & Millichap Real Estate Investment Services, following only Orange County, Calif., where the main problem is too many …

Giuliani, Berman Enterprises Launch RE Investment Fund

Giuliani Partners, headed by former New York mayor Rudolph Giuliani, and commercial real estate owner Berman Enterprises are launching a real estate investment fund of between $500 million and $750 million focused on commercial and …

Local News reports 73 Layoffs at Trump Towers in Las Vegas. Here …

It’s not to say that buyers of residential high-rise condos have not had difficulty getting loans, all facets of real estate are facing challenge including commercial, single family homes, investment properties, vacation residences, …

PodcastTranscript: July Review for Commercial Real Estate Investors

MIKE: You know, are there other macro trends besides, you know, the emergence of overseas capital that…that you…you all are looking at, that you think are going to, you know, sort of have a major impact on real estate investing over …

Have a great weekend…and…Until next time…..rob

Today, My son, Colt (9 years old) and I were watching the Texas Tech and Oklahoma State basketball game (Texas Tech lost). A commercial came on for some diet food/program with Dan Marino and other celebrities. My son looks to me and says….”you should get that.” I was stunned! I replied…”Do you think I am fat.” Then he said….”Well…no….but you are not thin either.” So….after I finish writing this blog….I am taking my fat self to the gym.

First of all….please register your email address at the top left corner of this blog and I will send you a free video on the topic of “Business for cash flow, Real Estate for wealth.”

Today, let’s discuss how to take advantage (passively and/or actively) of the current and coming opportunities in residential and commercial real estate….yes that is right….real estate, for the investor, is hot!

First of all a active investor is someone doing a lot of work to get the deal done. The active investor is someone who is finding the deal, putting it together, closing the deal, and managing the asset (not all apply but you get the picture…it is someone doing a lot of work). On the other hand, a passive investor is investing in someone else’s project for a return/equity

Most people think real estate is a bad investment right now. That is true is you have no clue what you are doing. But…this is good news for the rest of us. As I have said before….”Buy low, sell high.” Foreclosures are at an all time high, therefore foreclosures, in my mind, are low hanging fruit (for the active investor). If there was ever a time to invest in real estate…specifically Bank Owned Properties (REOs) the time is now….even if you do not have the money to invest. Now if you have money to invest and you are not too crazy about “sweat equity,” investing passively in the current “motivated seller” market is a great option.

Before we talk about “active” investing, if you are a passive investor looking for investment opportunities, I encourage you to visit The Real Wealth Company (selfish plug) . Specifically, register at their private investor page (another selfish plug)to get more information.

So….here are the top three tips to get in the game (as an active investor) and take advantage of the flood of foreclosures on the market. Why only three? Well, there are several more…but the three below are critical….failure to do any of the following three will almost guarantee failure.

1) Get Educated: Educate yourself in creative real estate investing. Short Sales, Subject Too, Lease Options, Options, Real Estate Contracts, etc. If you have no idea what I am talking about? That is okay…you can learn. There are a lot of good products and mentors out there. I started with Mentor Financial Group (MFG) back in 2003. This is a great place to start. There are other programs out there BUT MFG educated me and I am very thankful for that. If you are not willing to hand over 6 – 7K for the mentorship fee…..there are plenty of books and home study courses out there….but I highly recommend getting a mentor.

2) Be a Student: Whether it is reading a book or following the advice of a mentor, if the advice is coming from an experienced and successful source….do it! Stick with the plan. I have seen so many students sign up for a mentorship program and then start rebelling….they start doing it their way. What a huge mistake. When I talk to people on the phone about their real estate business, I can tell right away what the end result will be. One key indicator is when a student does not do what is suggested. Being a student means doing what an experienced and successful source is recommending. But it also means taking responsibility for your actions. When a student, or anyone for that matter, starts blaming others for their troubles….I know chances are slim for success with that person.

3) Wealth Lifelines – You are who you hang out with: It is key to associate yourself (hangout with) with successful real estate investors….in other words…change your friends! Yes…that is right….if your friends or work mates are telling you that real estate investing is for losers or “risky,” STOP taking advice from them. Start to develop Wealth Lifelines…in other words…find the people in your area that are successful in real estate investing. Stay away from the nay-sayers and find successful people that are taking advantage of the amazing opportunities in the current market. I cannot explain in words how important this is. I will say it is the number one reason people become successful….”success breeds success.”

A lot more information coming your way on how to take advantage of what is happening in the economy!

Until next time……

The thing I love about snowboarding/skiing is the long ride up to the top on a ski lift. Especially when you like the person next to you. Which usually I do…usually it is one of my sons. This long ride is such a great opportunity for me to spend a good 15 – 25 minutes talking to one of my sons. One on one with no escape. On my last ski lift ride with my son, Dakota, I started to share my heart to him. I told him how thankful I was to be on the lift with him because it gave us “one on one” time. I went on and on hoping to build up to a “good feel” mutual sharing of feelings for each other. As I stared into my 7 year old’s big brown eyes, I approached the end of my long winded speech. Dakota continued to stare at me for a few seconds after I finished, then he asked me “Daddy…..how do you make a noise by sticking your hand in your arm pit and flapping your arm.” I broke out laughing so hard realizing he did not hear a word I said. What did I expect? But what a great memory for me. I am sure I will tell this story over and over to any one and everyone who will listen.

Anyway…..

I have been browsing all the financial news for the last few days and I have yet to see good economic news of any kind. Just to name a few headlines: Job losses: Worst in 5 years; Foreclosures: Hit record high; Fed to lend banks more cash. I think the following quote sums us the news of late (you can click on the quote to get you to the article):

“Based on today’s Employment Report, if we are not in a recession, it is a darned good imitation of one,” said Kevin Giddis, managing director of fixed income at Morgan Keegan. “We are in an unprecedented real estate and credit crisis that is whipping its way through the U.S. economy like a Midwestern tornado.”

I have a question for you? As things are moving in a downward trend, how are your responding? Are you blaming someone? Maybe you are excited about the opportunities coming? Maybe, you are worried about your job? Or your business?

There are some key strategies I and others have learned these past years that we will share with you over the next few weeks. These strategies may help you see clearly on how an investor/entrepreneur can take advantage of the the current and coming market. We will talk about residential short sales, commercial real estate, stock trading, and other strategies. We will also talk about how the market is impacting lending and overseas investing. I have invited experts to write on their perspective of the current and coming market regarding their specific expertise.

Interesting links:

1) Commercial Property Sales Slow to a Crawl

2) Ranks of Apartment Dwellers Increases Dramatically (This is good news for apartment housing investors!)

3) NREI: Retail Buying Opportunities Ahead (Absolutely!!!!)

Please subscribe to my blog in the upper left corner…..Until next time……rob