commercial real estate blog

This is a follow up to the post I did yesterday on the necessity of having rental properties if you have a day job and don’t get all the Federal and State income taxes back that you pay. I buy another cash flow property with my windfall. Think about what doing the same thing over the course of several years could do for your retirement – and your legacy?

Due to the tidal wave of chaos and uncertainty that’s building right now in commercial real estate, I believe that 2010 is the year to buy Apartment Buildings!

Because of this I’m teaching a half-day FREE seminar on How to Buy Your FIRST Apartment Building. Saturday, February 6, 2010. 8:30 am to 1:00pm.

There’s a catch though – in order to be admitted free I’m asking for your help with something that’s very important to me. Medical care for pregnant mothers.

I’m doing this seminar to raise money for a charity that I personally work with and have supported for years called Mother and Unborn Baby Care in Southfield, Michigan. I came to realize how critical medical care is to pregnant mothers when my 4th child developed a very serious and life threatening problem prior to her birth. One of my goals now is to make sure that every pregnant mother has access to proper medical care.

I’m asking that you donate $15 per person with the proceeds going to Mother and Unborn Baby Care. If you choose not to donate, then the cost to attend is only $97.

The updates for 2010 include:

And I’ll also be talking about:

And I’m offering a special bonus this time: round tables with some of the experts that I use every day in my business.

It’s going to be a jam-packed half day talking about everything you need to know to start looking for your first apartment building.

Who should attend?

Beginners!!! Or at least people brand new to apartment building investing. This is an entry level seminar about what you need to do when you’re just starting out looking for your first apartment building. I’ll walk through the purchase process and tell you what to expect, and what to look out for, during each phase of the purchase process. If you have already bought your first apartment property, this seminar is probably not for you.

Act fast if you want to attend. Due to hotel conference room availability, space is extremely limited.

Get the details:

How to Buy Your FIRST Apartment Building

Stop me if you have heard this one before: you spend time looking for a good service provider. You go through two or three before you find someone that’s great, then you give them all of your business. Then something strange happens – their prices start to go up, they get more difficult to get a hold of, and they stop meeting deadlines. What do you do when that happens?

I was listening to one of the talking heads over the weekend on one of the paid programming financial shows. His advice to everyone in 2010? Do nothing. Use the year for “planning”. In this time of unprecedented opportunity, all that’s all this guy can come up with?

As a follow up, during my long sit down on Friday we talked about various aspects of commercial real estate. He asked about what I had done, then suggested a course of action that blew me away.