People were motivated to work hard and innovate so that they could make money and better themselves.

Here is an example of what we were able to do with a local lender in PHX: -- Bought six condo's at a total all-in cost of ~$500k in Nov. 2012 -- Refinanced with a blanket portfolio loan in Dec. 2012 using 70% of the appraised value ($600k) --5% fixed rate for 10 years, 15 year amortization, closing costs rolled into the loan Though we were happy with the ability to lump all the properties into 1 mortgage and the rate; the 15 amoritization really hurts the cashflow...but I feel this is common with local banks that hold the paper.

As they penetrate the market, innovations like the traffic control station used in the above example will be installed.

Nobel Prize-winning physicist William Shockley practically invented Silicon Valley, turning California into the technological hotbed of innovation it is today.

There's an investor club meetup (or at least there was one) @ The Innovation Center, but I called Jason, the facilitator, recently and I'm waiting to hear back from him.

I also believe that we live in an era where innovation is what is trending, as most of these corporations have already established themselves.

Unless there's some innovative language in it, the bottom line is its giving someone the right to occupy the property for an agreed upon rate and length.   

Thanks and sorry for posting in innovative strategies,  it is to me though lol

Of course, I may be a little biased as I have been with Keller Williams for over 20 years, and just love the innovation of Gary Keller (Founder of KW). 

Yeah,  eager to see what kind of business models are derived by this innovation.