Adventurer | Cynic | Raconteur | Stones Fan
It’s a race I guess. Every time a quarter end gets close, all the economists start falling all over each other to be first out with their forecast for the next quarter. Having studied Econ myself in college, the one thing I’d really like to see is a scoreboard that shows how accurate these past […]
“Embrace Failure” That was the subject line of an email that I received yesterday. Seriously. I don’t think I’ve heard anything more stupid in my entire life. Embrace failure. Really? It’s like all the people that never got picked for kickball in the third grade are either running the show or in positions of influence. […]
The real estate investment services firm Marcus and Millichap came out with an interesting statement last week. The headline that their chief forecaster, Hessam Nadji, used was “Recovery Threatened, But This Is Not 2008â€. And he finished his overall summary by writing “The downgrade of the U.S. government’s credit rating by S&P has sent global […]
The last post focused on the top two Fatal Mistakes that investors make when they’re on the prowl for private money. I continue here with Fatal Mistakes #3 and #4. Private Money Mistake #3: The Complete Lack of Networking I can hear the shouts right now – “HEY! I network – I attend three REIA […]
Private money is the lifeblood of real estate investing right now. Most conventional lenders are out of the market due to the economy, and many former Private Investors are on the sidelines either because they took a hit during the down-turn or because of “Bernie Madoff Syndromeâ€. Either way, money is harder to come by […]
Yeah I know. You’ve heard all about what a great program this is. I know that I hear newbie real estate investors hyperventilating all the time about how “the government is going to pay the rent!!!â€. Well there’s no such thing as a free lunch Sparky. When I got started in this business six years […]
