Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago, 07/13/2009

User Stats

36
Posts
3
Votes
Michael Shuster
  • Real Estate Investor
  • Delray Beach, FL
3
Votes |
36
Posts

Opportunists Meet Opportunity

Michael Shuster
  • Real Estate Investor
  • Delray Beach, FL
Posted

My colleague Gerald Romine sent me an email that reminded me of some very important points to consider.

There is a saying that goes, I will eat steak tomorrow night as I choose regardless of what you do or don’t do; regardless of whether you eat steak or beans.

The same is true for the economy, the financial crisis, and the recession. Some people will be eating steak and others will be eating beans.

Like it or not, money is in constant motion; it just flows in different directions from time to time.
Wayne Gretzky had a motto: Go to where the puck is going to be, not where it just was!
It’s up to you to move where the money is flowing now - not where it used to flow!

Sure, the economic times have changed? It is near impossible to get loans,yet I still meet people getting them today. The flow of money used to be from conventional lending but if you’re old system required loans and that isn’t working for you today, then it is time to change your system. It is up to you to move to where the money is flowing.

FACT: People are still flipping houses and some are doing very well. Need proof… check out an auction or two or a few forum website and you’ll see people paying even more than you would for properties …. which means they are a source of potential buyers. This is your opportunity.

There is a lot of doom and gloom out there and majorities of people are suffering financially. But they only represent 1/3 of the pie. The second third of the pie are people who are not suffering but are not spending because they are living in fear so they are in a holding pattern.

That leaves the final third of the pie - the people with money (the rich)!
That is why the rich get richer. Because they buy low and sell high. And they do that by buying in times like we are currently experiencing. Somebody has to sell those properties to the rich - it might as well be you!

You need to capitalize on the opportunity delivered by the so called financial crisis.

[SOLICITATION REMOVED]

Loading replies...