I know that there is a $2.5 billion mixed use development (The Central by JPI) in the works off 999 N.

but I'm fairly certain that most ultra-wealthy people (and most people who have started billion-dollar companies) have gone to college.

There are BILLIONS of dollars held by private equity firms such as York, Apollo and other which carry a massive amount of distressed assets. 2.

I was just curious as to what everyone's reaction to the news this morning that the fed will provide another stimulus by buying $40 billion of mortgage backed securites each month.

I wonder how many more billions he would be worth today if he had completed his degree, heheheh...

Can someone please tell me if they have attended Preston Ely's new webinar about hedge funds buying up the real estate market with Billion (with a "B") dollar acquisitions?

Well, there may be some new Warrens but I doubt a ton of them and certainly not hitting a billion bucks messing with small time RE investing techniques....in reality.

With plans to spend billions on foreclosures and to convert single family rentals into a new asset class of securities, well-heeled hedge funds are creating both challenges and opportunities for the individual investors and small partnerships that ignited the residential investing boom.

Baby boomers yank billions out of there 401k's at the same time our government becomes overburdened with the liability owed in ss and pensions.

You have Billion dollar VC funds moving into residential real estate which has previously been treated like a joke.