All Forum Posts by: James Park

http://www.chicagobusiness.com/article/20150326/BL...

The person Robert Kiyosaki is referring to his rich dad is Dr. R. Buchminister Fuller. Dr. Fuller had a reputation as a futurist and was often called "Grandfather of the Future." He had a real gift of being able to predict the future of economics trends.

Back in the 1960s, the U.S. government had chosen Dr. Fuller's Dome, a structure that represented the future, to be the U.S. Pavilion. In 1964, Dr. Fuller had made the cover of the Time Magazine. He was consideed to be one of the greatest

It was Robert Kiyosaki's real dad, known as the poor dad who first introduced Robert to Dr. Fuller in the late 1950s. In 1981, Robert Kiyosaki was 34 years old and was invited to spend a week studying with Dr. Fuller at a lodge outside of Lake Tahoe, California. The title of the conference was "The Future of Business" . It was this week that forever changed the life direction of Robert Kiyosaki. Between 1981 - 1983, he spent a lot time of time with Fuller and studying his work. This is when Robert discovered his spiritual profession, spiritual work, spiritual job, and his life purpose.

Dr. Fuller passed away on July 1, 1983.

Imagine the entire real estate market as one big stock market. Each major MSA city is a blue chip stock like San Francisco is to Apple, as Seattle is to Amazon, as Atlanta is to Cola Cola, as Orlando is to Disney, and as Los Angeles is to Amgen. We can analyze the data by Counties = Mid cap stocks, Zip codes and School clusters = Small cap stocks, and Subdivisions = Micro Stocks. The analytics will provide me with the trends and allow me to identify where the future investing opportunities are. I like to analyze my data at the County (mid cap), School cluster (small cap), and Subdivisions (micro cap) level.  

Below are the data of the counties in the Atlanta metro real estate market. The data shows the median sale price, average rent, and Annual Gross Yield. The way that the AGY is calculated is (Average Rent x 12)/Median Sale Price. Although the chart below does not take into the appreciation and future potential of the area, it is a good bench mark to compare where the yields are the highest and the lowest in metro Atlanta.

Sorry, I haven't posted in a while. According to the most case shiller data Atlanta ranks #11 in terms of year over year appreciation at 5.4%.

These are the ranking order of the top 11 appreciating MSA.

#1 San Francisco    10.3%
#2 Denver                10.0%
#3 Dallas                  9.3%
#4 Miami                  8.7%
#5 Tampa                8.1%
#6 Seattle                7.5%
#7 Portland              6.9%
#8 Charlotte             5.8%
#9 Las Vegas           5.7%
#10 Los Angeles     5.5%
#11 Atlanta             5.4%

Below is the comparison between Los Angeles Index, Atlanta Index, and S&P from 1991 - 2015. At first glance, it may see like investing in the S&P500 is the winning investment over the long run, but we are not taking into account leverage and cash flow. Let's look at 1998.. Atlanta's real estate market rose 6.4% while the S&P 500 index rose 28.6%. If i am leveraged by 75% and have a cash and cash return is 10%, my number would like this: (6.4% x 4) = 25.6 + 10 = 35.6 return in 1998 which is a much attractive yield compared to the S&P 500's yield 28.6%. 

At first glance, the investment yield may look bit a low in Forsyth County. however there are quite a bit of location within this county where the yield are more attractive than the average. Forsyth County is the wealthiest county in the state of Georgia and sixth fastest growing county in the nation. My next post will be a closer analysis of pockets in Forsyth County where the Annual Gross Yield exceeds 10%. I believe in this county so much that I plan to concentrate my entire retirement portfolio in this one county.

"If you want to make a lot of money, resist diversification. Brokers promote the motion that everybody should diversify. But that is mainly to protect themselves. The way to get rich is to find what is good, focus on it, and concentrate your resources there."

- quote by Jim Rogers. 

What Wealth means to me means to be rich in these 4 areas, not just in financial terms.

1. Spiritual 2. Emotional 3. Physical Health 4. Financial.

I am looking to unload one of my properties in the northwest suburbs of Chicago that I have held onto for more than 10 years and would like to connect with any real estate agents or brokers in Mount Prospect / Arlington Heights area.

Thank you,

James

David G,

Sorry I misunderstood that you were taking your broker exam. There is no reason to stress for passing the sales exam. The cheapest and efficient way to get California Sales license is take California Principles, Practice, and an elective course online through Allied. Buy one of those practice exam question CDs from Allied and keep practicing the questions and you should have no problems passing as all you need is a 70%. The Retrainersca weekend crash course is not necessary for the sales exam, but i strongly recommend it for passing your broker's exam.  

Can someone please refer me to a good flat fee brokerage in the state of IL that will allow my listing to show on the MLS with a lock box rental fee.

Thank you