All Forum Posts by: Jeff Brown

Hey Will -- My schedule squeezes me like a grape sometimes. When I'm able to get the forums here, I love it to death.

Hey Jim -- I think your plan should be vetted by the expert on my firm's 'team', who deals with such issues daily. His name is John Park, and my clients whose Purposeful Plan requires his expertise, swear by him.

Here's his number -- [REMOVED]. Tell him I said to call. Keep me in the loop, alright?

Have a good one -- Jeff

Hey Will -- Your point is very well taken, and in fact my experience. However, and speaking only for myself, the reason I resort to the 50% rule is to invoke a more conservative approach for my clients. I even do it with brand new 1-4 unit props. I tell them 50% is not really born out by my boots on the ground work, nor my spreadsheet, but that Murphy's alive, and knows where we all live. I follow this by ensuring them they'll have their turn in his barrel, sooner or later.

Make sense?

Wow! BigTime congrats, Don! I am so very happy for you and your wife. Sounds like you found the perfect situation. It's this sorta post that makes my day. Jeff

Hey Josh -- I think it's gonna be a whole lotta 2011. Interest shouldn't rise much if any. More NODs will be filed, and more REOs will finally be put on the market by banks who've been sittin' on 'em.

Frankly, good or bad, I think 2013 will turn out to be pivotal. You?

Excellent choice, Josh. The late March/early April timing is also stellar.

BP Con 2012

Full transparency -- Kyle paid for the coffee. :) It was my favorite couple hours of the week.

Much thanks, Kyle.

Oh, David and Tony -- I'd love to hear from you guys. 99% of my clients are 100-3,000 miles from San Diego. So if you live in Bellingham, Washington, Chicago, or New York, all cities where I have active clients, call me. Distance doesn't mean diddly squat, to use a technical investment term.

Thanks so much, Josh. And thanks so those here who've been readin' my stuff here and elsewhere. Very much appreciated.

I'll see what I can do to get some clients to put in their two cents here. Though it's almost never perfectly clear where new clients originate these days, other than referral, I do know many of 'em have told me they read me here. I always tell 'em about the benefits of BP, and that's it's the most popular and respected real estate investment/membership site in the country. Josh does an incredible job here.

About my company. Dad and I started it back in January of '77. We called it Brown and Brown Investment Properties -- still do. Only now I'm the dad. :D From Day 1 I've been the designated broker of the firm. What we do is take folks from where they are today, to retirement. Though we specialize in real estate as the crucial vehicle, we also have an 'in house' expert in EIULs, a kind of investment grade insurance policy. The reason? At any level you'd wish to compare it to so-called qualified retirement plans, i.e., IRAs/401Ks, it's superior. The income is tax free. You can borrow from it without pledging your first born, and when you die it's not even a part of your estate -- no taxes. And no, we don't make any money on EIULs, but it's the right thing to do for most of our clients, as another 'basket' for retirement income.

I've executed well over 200 tax deferred exchanges, and been CCIM trained. (1980) I've taught cash flow analysis and the synergistic use of multiple strategies. Again, I'll send out a request to my clients to find if any are members here.

I'm open to any questions. Everyone have a great day. Jeff