It’s Private Money Ninja Time

I’m sure you at least heard about the carnage in the stock market yesterday. The DJIA was down 391, which made this the third worst week for the stock market in history.

And it was only Thursday.

As I write this the market looks like it will open even lower this morning. And gold continued to fall overnight.

There doesn’t seem like there’s anywhere to turn, does it?

And that’s a good thing. A very good thing.

Because the more that people are scared of paper investments, like stocks, that they have absolutely no control over, the more they realize they want something different.

Something closer to home.

Something less risky.

And something they can put their hands on. Have you ever actually seen a stock certificate?

Get the picture? You are the answer to their fears.

That’s right. because you can give them something local. Something less risky. And most of all, something they can touch.

Don’t underestimate the power of having something that they can physically touch.

In fact two of my private investors email me at least once a month telling me how they drove by “our” houses, and how great they look and how well well taken care of they are.

They LOVE the fact that they can drive by their “investment” and see that it’s still physically there. And I love the fact they they want local investment!

You have a lot to offer right now in these uncertain times.

So you need to be out and about TODAY looking for opportunities to tell people how happy your are about the economy.

Notice what I said. You shouldn’t be out there pitching anyone. That’s actually the worst possible thing you can do.

No – you need to be telling people how happy you are, becuase that will draw them into a conversation about your business.

And that almost always leads to a conversation about how you fund your deals. And once they start asking about that, they’re usually hooked. Then they’ll offer you money. This is what happened with each of the private investors I have now.

So it’s time to get out there and be a Private Money Ninja. TODAY!

There is no better time than right now when everyone is flocking into cash, and putting it in checking accounts that earn 0% interest.

So get out there – today. There are lots of people waiting for what you have to offer.

 

Since Private Money is so critical to real estate investing, and since the opportunity to gather it right now is unprecedented, I’m offering my Real Estate Private Money 101 course for over 50% off today only – get it for $297 when it normally sells for $697. It teaches the entire approach I’ve used to raise over $1.6 million in private money, without ever asking anyone for money. You can get more information here: Real Estate Private Money 101.

 

 

 

 

 

 

Multi-Family Economic Forecasts: Smoking Crack or Inside Track?

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 2008”.

And he finished his overall summary by writing “The downgrade of the U.S. government’s credit rating by S&P has sent global stock markets into a frenzy, posing a threat to the already fragile U.S. economic recovery. However, there are stark differences between the current economic situation and the crisis in 2008. Amid renewed economic uncertainty, commercial real estate offers compelling investment opportunities.”

In the body of his piece he goes into detail and gives a litany of reasons why “this is not 2008”. And by that he means it’s not as bad as 2008 was. Surprisingly, he does identify the major issues impacting the economy right now, including

  • Over-speculation that exacerbated the spike in commodity prices
  • Super-charged liquidity spurred by Quantitative Easing 2 (QE2)
  • The tactical Band-Aiding of sovereign debt issues in Europe
  • Japan’s supply-chain disruption
  • A double-dip in U.S. for-sale housing

But not surprisingly he categorizes the impact of these issues as nothing more than simply “paper cuts”.

Paper cuts? Seriously?

Of course, after brushing off that collection of 900-pound-gorilla issues, glossing over stagnant economic growth and abysmal employment numbers, he concludes that “Apartments, in a league of their own, should continue the march down the recovery path.”

But he couldn’t resist adding a monster caveat . . .

“Unless we enter a massively downward spiral that leads to fear-based, not fundamentals-based job cuts, property operations should remain relatively stable in most sectors.”

A massively downward spiral.

The kind that will be triggered, in my observation, if any of his “paper cut” issues goes really bad.

So I’m having a bit of trouble with his circular reasoning.

Listen, I’ve made it no secret that I think the economy in general and real estate specifically are going to get a whole lot worse before they get better. And I think the items he mentioned together will be the catalyst for the substantial downturn that we’re facing. The impact of these issues won’t be zero, and they’re most likely to be a mot more significant that a paper cut.

But that’s just me. What are you seeing?

You can read the full piece by Mr Nadji here: http://www.globest.com/blogs/streetsmart/-313014-1.html

Apartment Cash Flow 101

Welcome to the Academy!

I recorded this short video to welcome you to the Cash Flow Mercenary Academy.

Private Money 101

I raised $1,637,650 in Private Money

Without Pitching or Even Asking Anyone

for Money!

Congratulations, you’ve just discovered an exceptional opportunity – the chance to slash many hard months and countless hours of frustration off your efforts – and discover step by step, exactly what it takes to amass more private money for your real estate deals than you can use.

That’s a bold statement – but I can say it because I’ve done it. In fact I’m in that predicament now. Just today I received an email from someone I know only through social media that told me she has about $200,000 in a self-directed IRA that isn’t doing anything, and she wondered if I had any projects that she could fund. To her complete shock I told her no, I had all the money I needed, and that I still had a bunch on the sidelines sitting idle, and that I couldn’t take her money while I had investors waiting in line to fund deals.

She was speechless that I turned down her money.

That’s the power of my Oblique Approach to raising Private Money.

So congratulate yourself for joining us here. Because this is unlike anything you’ve ever seen before.

Who This is For…

This is for anyone who needs private money to fund their real estate deals, has tried to raise it using all the shortcuts and not succeeded, and now understands that those shortcuts aren’t the way to go.

In other words, this is for anyone who wants to finally get serious about raising private money.

Like I said, I’ve done it – I’ve raised and have available more private money than I can use. It took years of trying all the shortcuts and failing before I figured it out. I made a ton of mistakes along the way. And I can’t tell you how many bridges I’ve burned and wells I’ve poisoned by doing it wrong. But when I figured it out, everything clicked into place, and since then every private investor I’ve used has approached me and asked if they could give me money. Now I’m going to show you how to do it the right way, and give you the keys to the vault in the process.

This content is private and designed for members only. If you’re not yet a member of the Cash Flow Mercenary Academy, then you won’t be able to access this in-depth training (hint, hint ;-) )

Need the details?

Click: Real Estate Private Money 101

Ready to get started?

Click:

Cash Flow Mercenary TV: The No Money Down Apartment Deal Myth. Again.

I received another email from a “guru” bragging about the apartment building deal that one of his students did that was “no money down”. I read further into his sales pitch and found that it wasn’t a no money down deal. Big surprise.

Cash Flow Mercenary TV: Anybody Else Want to Negotiate??

This is a great line from the movie the Fifth Element. I’m engaged in a “spirited” negotiation regarding a situation where I happen to hold all the cards. And the other guy is posturing.

Cash Flow Mercenary TV: John McAuliffe on the Bus Tour

I consider the people I use in my business to be a source of competitive advantage for me. John McAuliffe of Quality Home Inspection is one of those people.

One of the properties on the June Apartment Bus Tour has some nasty looking brick issues on the back wall that could lead a buyer to think there is structural damage. Take a look at John’s assessment.

Cash Flow Mercenary TV: I Bought An Apartment Building!

I’m happy to report that my private equity fund, the Great Lakes Investment Fund, made it’s first acquisition today! Spectacular building and spectacular return on investment for a spectacular partnership group. And positive cash flow on day 1. Not a bad business model.