So of course that’s exactly what I did when I got home and I just finished looking at some properties and I’m gonna go Driving around tomorrow looking for more after the presentation.

In my market this implies the negative cash flow on mls properties is 4 digits per month. 

But the way the classes were presented was extremely useful and easy to follow.

Hey John, as a cash investor with a few million to build a portfolio, the current issues in the Florida real estate market could present an opportune time to secure good deals.

New construction financing with hard money lenders typically presents the highest barrier of entry.

This is not too horrible when the "days on market" are in the single digits. but it will put a small GC out of business if the flip does not go well.

Now the next culling of the herds and up wave if the specific industry has one can present future opportunities again to capitalize on.What I do is instead of focusing on volume I focus on quality.Maybe I do 15 transactions a year but each deal is six figures income.

I have stock in Microsoft, Starbucks and Disney but I dont present it to people like I own them.

With interest rates in high double digits, I was easily able to locate corporate bonds of BBB rating with 20 years of payments left and 8-9% coupons.  

The $40,000 renovation budget presented a clear opportunity to add value.