What a busy day so far!
It's 1:25pm, we've been working through a technical issue on Lawrence's system for the webinar. (I is kewl being and IT Guru) - he was downtown somewhere and I remoted into his system. He's up and running ready to go! We have a pre-conference test scheduled at 2.
I launched a Google and MSN ad campaign last night, - it's working. I love online marketing! (Thank you to Jeanne for her assistance. www.abracabusiness.com.
I added a slide. I was inspired to take a quick look through one of my sources for commercial real estate acquisition possibilities that meet my IQ acquisition criteria. Granted about half of the properties the information isn't true (laugh - it is what it is).
I found over $350 million dollars of inventory across 37 out of 54 properties that I had time to look at. The average CAP was over 11%.
I said this to Lawrence and Peter 6 months ago - I am not worried about finding OUTSTANDING deals - any time, anywhere. These are not even the "good" deals, these are deals that simply fit my minimum acquisition parameters!! The good deals are generally behind the scenes not listed.
I made a slide reflecting that!!
Individuals unless they are super wealthy (20 million+ in liquid assets) don't have enough money to invest by themselves. Institutions (REITS, etc), go after deals that are so large, they aren't interested in deals under 100 million.
FOLKS HAVE TO COME TOGETHER AS A TEAM, to get the job done.
We've laid the framework for doing this right (I wouldn't recommend doing this by yourself unless you have a lot of experience dealing with people, legalities, and things).
No need to re-invent the wheel. We've done it, there is so much money to be made you don't have to be cheap anymore. Adopt the IQ Prosperity model for living your life. You'll have a lot more overall life satisfaction and have a lot of fun too!!
Create the world you want to live in!!! We have and invite you to explore it!
Namaste' & Blessings to you,
- David
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