Comments on: Subprime Resets AND The Real Estate Investor’s Dream Of A Perfect Storm Is Reality http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/ Real Estate Investing through Purposeful Planning Tue, 02 Dec 2008 03:52:56 +0000 http://wordpress.org/?v=2.0.11 by: BawldGuy http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7911 Sat, 19 Apr 2008 01:06:06 +0000 http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7911 Thanks Chris -- I've put KC on the Brown and Brown map 'cuz they were so diversified, but I'd forgotten how impressive their diversification actually is. I remember when were were there. Each time we hit a freeway, you begin pointing out how you couldn't swing a dead cat without hitting a construction worker -- working on either a new plant/office headquarters, or expanding existing operations. Thanks again. Thanks Chris — I’ve put KC on the Brown and Brown map ‘cuz they were so diversified, but I’d forgotten how impressive their diversification actually is.

I remember when were were there. Each time we hit a freeway, you begin pointing out how you couldn’t swing a dead cat without hitting a construction worker — working on either a new plant/office headquarters, or expanding existing operations.

Thanks again.

]]> by: Chris Lengquist http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7910 Sat, 19 Apr 2008 00:27:28 +0000 http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7910 I've never figured the exact percentage. But I did read a lengthy article not too long ago about how KC has fared through the previous 4 or 5 recessions. In all but one KC fared better than the national averages because of the diversification of industry here in general. Sure we have Sprint and Cerner but we also have Harley Davidson, Ford & GM. Advertising and sports architecture are very big here and we seem to have a disperportionate (sic?) number of restaraunt chain headquarters located here. And of course, transportation. So what I'm saying is when one sector is down (think Sprint, Harley and Ford) another section is up (think Roadway, HOK and Bernstein/Reins). I’ve never figured the exact percentage. But I did read a lengthy article not too long ago about how KC has fared through the previous 4 or 5 recessions. In all but one KC fared better than the national averages because of the diversification of industry here in general.

Sure we have Sprint and Cerner but we also have Harley Davidson, Ford & GM. Advertising and sports architecture are very big here and we seem to have a disperportionate (sic?) number of restaraunt chain headquarters located here.

And of course, transportation. So what I’m saying is when one sector is down (think Sprint, Harley and Ford) another section is up (think Roadway, HOK and Bernstein/Reins).

]]> by: BawldGuy http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7909 Sat, 19 Apr 2008 00:12:54 +0000 http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7909 I knew you'd sense the flyover America phrase. :) How much of the KC economy is based upon manufacturing Chris? I knew you’d sense the flyover America phrase. :)

How much of the KC economy is based upon manufacturing Chris?

]]> by: BawldGuy http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7908 Sat, 19 Apr 2008 00:10:43 +0000 http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7908 Robert -- There are those for whom timing the market will be the foundation of their next investment lesson. It just doesn't happen. Flyover America is one of our best and most reliable assets. Always have been, and always will be. Robert — There are those for whom timing the market will be the foundation of their next investment lesson. It just doesn’t happen.

Flyover America is one of our best and most reliable assets. Always have been, and always will be.

]]> by: Chris Lengquist http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7906 Fri, 18 Apr 2008 17:05:46 +0000 http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7906 Flyover America is actually doing quite well. While technology slumps farm goods is doing quite well. I'm a little surprised transportation is not doing better here in KC. But then again, with diesel at $4.00/gal it really takes a bite out of the more business they are running. Flyover America is actually doing quite well. While technology slumps farm goods is doing quite well. I’m a little surprised transportation is not doing better here in KC. But then again, with diesel at $4.00/gal it really takes a bite out of the more business they are running.

]]> by: Robert Coté http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7903 Fri, 18 Apr 2008 14:15:41 +0000 http://www.bawldguy.com/subprime-resets-and-the-real-estate-investors-dream-of-a-perfect-storm-is-reality/#comment-7903 Good prices, less new construction, more potential rent paying occupants with fewer options and higher incomes, you called it spot on. All that remains are those optimal entry points kinda like cliff diving. The only people who are going to be disappointed are those that wait so long that the tide goes out and they miss good enough in the futile search for perfect. Only a very few get the best deal timing market cycles and face it that's about luck. I'm fine with a good deal that makes sense on the numbers rather than trusting to luck. Farmers be gettin' 5x FOB prices for their wheat, corn, etc. Flyover America isn't dead by a long shot. Good prices, less new construction, more potential rent paying occupants with fewer options and higher incomes, you called it spot on. All that remains are those optimal entry points kinda like cliff diving. The only people who are going to be disappointed are those that wait so long that the tide goes out and they miss good enough in the futile search for perfect. Only a very few get the best deal timing market cycles and face it that’s about luck. I’m fine with a good deal that makes sense on the numbers rather than trusting to luck.

Farmers be gettin’ 5x FOB prices for their wheat, corn, etc. Flyover America isn’t dead by a long shot.

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