Nov
18
A Bigger Picture
Posted by under For Buyers, For Realty Professionals, For Sellers, General Information, General
Foreclosures keep relentlessly coming, wave after wave. Inventory continues to flood the streets. There is a huge liquidity and credit crisis, and the implications are without a doubt global. The crisis is akin to our wildfires, and it is raging unabated.
Now, it’s easy to see the opportunity, and to run out there with the precept, “How many deals can I scoop up and how much money can I make?” Undoubtedly, lucrative deals are raining down….
Furthermore, it’s difficult to empathize with billion dollar companies that are on the ropes, on the verge of bankruptcy. Yet, if we think we will be unaffected by this crisis other than getting some sweet deals, well, that might be shortsighted. While we might not be able to relate to American Home Mortgage going out of business, we can relate to the thousands and thousands of working folk just like us who are out of jobs….
and guess what?…they won’t be able to pay their mortgage either, and this wildfire will rage unabated…so I’ll get to the point:
We are in this together, and I believe that if our actions do not do something to contribute to the greater good, than they are pointless.
I believe that life and business are NOT zero sum games, whereas one party’s gain must be equivalent to the other party’s loss. I believe in a world of massive abundance, where the ONLY beneficial transaction is one where all parties to the transaction advance.
What does this have to do with flipping houses?
…We as investors are in a position to provide a badly needed service to the economy as a whole and to the GREATER GOOD…
Families are in need of good homes, and believe it or not there is a huge shortage of affordable AND clean homes. Families cannot get financing on many of the homes out there because of the condition these homes are in. Banks cannot fix up these houses because they are BROKE, and that only leaves US- it is time for investors to come in and save the day!
FAMILIES NEED US, THE BANKS NEED US, THE ECONOMY NEEDS US. We are the ONLY ones willing and able to turn these non-performing assets into homes! The good news is that this ain’t volunteer work!
I just hope that I can spark an awareness of not only how much money we can make, but how much we can help solve a national dilemma; and if rehabbers, contractors, private lenders and investors rally to beautify these non-performing assets and provide affordable housing for families it will also inject badly needed cash into the system….win-win-win.
Now that I got that off my chest, “How many deals can I scoop up and how much money can I make!?”
Kurtis
http://www.FarBelowMarket.com
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