Comments on: Financing Buys Better Deals… NOT!

By: Patrick_Riddle

Patrick_Riddle — Tue, 23 Feb 2010 15:58:45 +0000

Thanks for the comments Mel, Dave.

We appreciate it!

Let us know how we can help you guys out …

~ Patrick

By: Trevor

Trevor — Tue, 23 Feb 2010 02:43:13 +0000

Hey Mel,

Yep, agree 100%. I think unemployment will be high for a long while… kinda tough without manufacturing increasing… and the temporary “infrastructure improvement” jobs will be here and gone.

Really… unemployment is being held steady at these rates… but artificially because of the government spending… which we all know can only last so long before the bottom will drop out and unemployment will take another (maybe bigger) jump up… if only the government would let the weak sectors fail… it’ll be harder now… but way better the long run.

Just my opinion

- T

By: Dave Ravnikar

Dave Ravnikar — Tue, 23 Feb 2010 02:33:44 +0000

Good stuff. Wasnt aware of the stats on cash transactions. I guess the employment theory makes sense, if individuals have an income they are then able to buy things which further spurs the economy. You could make the argument then that employment is the root of the catalyst..

By: Mel Johnson

Mel Johnson — Tue, 23 Feb 2010 02:03:07 +0000

Don’t believe unemployment is coming down. Increasing government payrolls adds nothing to GDP.
Census hiring will have Obama screaming “look at all the jobs created !” Temporary, so they mean
nothing, but he’ll make the press believe otherwise.

By: Michel E Lautensack

Michel E Lautensack — Tue, 23 Feb 2010 01:03:12 +0000

Guys:

great article – I would also agree that the next 10 years will be a great time for real estate investors and the abiltiy to raise private money will be the #1 tool for sucessful real estate investors