Tooting My Real Estate Horn

I have been around long enough to have seen more than one real estate bubble. Yes there has been more than one, it’s just that this one is really big. And I predicted it and had disposed off all my rental property by 2004. Folks laughed at me saying I was too conservative. Even though I did not time the market perfectly, those folks begrudgingly admit I was right and would have loved to have gotten 2004 prices for their properties!

How did I know? It’s because I stay tuned to the industry, constantly polling my clients and experts in the real estate industry about what they are doing, and what they are seeing, and (without sharing names, of course) I share that information with all my real estate clients.

I call this learning from the “Old Guard” and sharing it with the “New Guard.” By the old guard I mean those seasoned veteran real estate developers, investors, sales agents and others who made a lot of mistakes, learned from those mistakes, made an absolute killing during the bubble, and have made it through the bubble’s burst with the bulk of their wealth intact. I also know you can learn just as much from those that didn’t survive.

Now there is a new guard coming into the market, the folks that didn’t lose their house, made good money at their day jobs and now they have some cash accumulated and they are seeing the same things I am seeing – low interest rates, property values at prices far below the cost to build and it just screams “OPPORTUNITY.”

Do your current financial advisers know how the real estate market works? Do they know to help you take advantage of these opportunities? Do they share their client’s positive and negative experiences with you ? Have they been real estate investors themselves?

I can save you more money in taxes than you will ever pay in fees. Way more.