I’m NOT The Lone Ranger After All — Random Thoughts — New Blog
Posted @ 12:18 am - Filed under Check This Out, Mentoring, Financing, seminar, Sominex Account, Economy, Kansas City
Though it’s my policy to keep emails private, those communicating the following to me have personally given me their official Okey Dokey to pass on their thoughts anonymously. The subject was increasing traffic from people expressing an interest in buying/investing in real estate the last 2-3 months.
I’ll boil them down to bullet points.
The number of calls/emails has risen measurably since school started The percentage of people actually doing something has also risen visibly It doesn’t seem to be geographically bound either Arizona, Texas, Oregon, Minnesota, even New England and Canada reported in Most, but not all said market times have decreased a little bit Lenders are proactively reaching out — all but one mentioned this
Brian Brady, my go to mortgage guy, said today lenders are bringing back 80% non-owner occupied stated loans. What will they think of next? 
Keep in mind — Whatever Bernanke does or doesn’t do with rates is, in his thinking, secondary to money supply. Keep a watch on how much cash he’s continually dumping into the system. It’s been going on for months now, without the appearance of the inflation monster. Many of his harshest critics are now reduced to calling names, cuz he won’t play by their rules. Yet, as much as they complain he doesn’t get it, things have improved. Even his critics now grudgingly admit his mission to add liquidity is having a positive affect. The jury’s still out, but my money is still on Dr. Ben.
This Thursday Josh and I are winging our way to Kansas City. 
We’ll be speaking to a couple small groups of local investors, giving them a better understanding of their current investment options. It’s invitation only, and you must already own investment real estate to attend. Don’t tell anyone, but though I’m excited about speaking to these folks, of equal importance is getting to finally find out first hand about Kansas City BBQ. Our goal is to be able to walk on our own power and fit into the airplane seats on the flight back.
Very soon, you’ll be able to see for yourself the results of what I’ve spent the last three years molding and shaping. The ‘other’ Brown will begin publishing his own stand alone blog. There are a few who’ve met or talked with him, 
but he’s remained pretty much a mystery since replacing me in the part of ‘Son’ in the Brown and Brown movie. I was first cast in the part back in the ’70’s at about his age. We’re looking forward to launching his blog, and will announce it loudly when it’s imminent. It’s past due, but he’s carrying his weight, and has been from Day 1. Being Dad in this sequel has been eye opening. There have been times when I’ve been in conversations with Josh about one thing or another, when it suddenly dawned on me — wow! I’ve had this conversation before, except I was the son, not the ah, elder statesman. Yeah, that’s the ticket.
Meanwhile, back at the ranch — buy low, sell high, and remember to keep yer Sominex Account topped off. Man, I gotta start goin’ to bed earlier.
This entry was posted on Tuesday, January 15th, 2008 at 12:18 am and is filed under Check This Out, Mentoring, Financing, seminar, Sominex Account, Economy, Kansas City. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.