In today’s society, the possibility of becoming wealthy exists but remains a lofty aspiration for most. While many have come to understand that real estate is one of the most effective mechanisms by which one can attain wealth, many would-be real estate investors are held back for one reason or another. If only there was a way such an investor could more easily cross the bridge into the wonderful world of real estate…
Bridging the gap
One viable option is to participate in a syndication. A syndication is simply a group of like minded investors that pool their resources together in order to participate in investments larger than they otherwise would have been able to alone. These resources may include liquid capital, expertise, project management, and a variety of other valuable things. Similarly, syndications come in a variety of flavors. Let’s look at reasons one might want to participate in a syndication before discussing the various types of syndications and common pitfalls to avoid.
This past week, my Re/Max broker gave me an award congratulating me for having the 9th most sales in the region. In order to achieve this, I had to sell over a million dollars in real estate in each of the last two months. And I can tell you… you have to sell a lot of condos at $30,000 to sell over a million dollars in real estate. This got me thinking a little bit about what am I doing right. I asked myself, “What am I doing that has afforded me the ability to sell so much real estate in what some call the worst housing market in our nation’s history? What do I perhaps do differently than the average Realtor, that enables me to do a lot more business? 
One of the best ways to get your feet wet if you are a beginning investor or wholesaler is to get out and start networking with other like-minded individuals in your market.
Joshua Dorkin
Charles Feldman
Ted Karsch.
Do You Know Your Economic ABCs? Or Better, Your UVWs?
by Peter Giardini | October 13, 2009Have you been paying attention to all of the talk about what type of recession we are in? Well, actually if you listen to some people, we are in full blown depression!
But for those of us who realize that while times are tough… more then likely we are in a recession… not a nice one… but a recession non-the-less.
The talk of late is whether we are starting to climb out of this current recession. All of the politicians and bureaucrats want us to believe that we are on our way back up and that this recession was a typical V shaped event.
Are You Buying It?
Hey… why not? The stock market is up. Home sales are up. Even home prices in some areas are on the increase. But is this real? Or an illusion driven by Government incentives and wishful thinking?