Investor Mistakes: How To Avoid Making Common Mistakes Investing in Commercial Real Estate Part 2

Greetings from New Mexico!

I just screwed up my blog and so I am retyping the first paragraph….and I cannot remember what I wrote. I am having all sorts of problems with my blog. First of all, I just figured out that by adding video to my blog, the HTML for the video screws up my RSS feed. Go figure. So…ask me if I want cheese with my whine. Ugh!

Anyway, here is a summary of what we have today in this blog. We have the second video on Investor Mistakes. We also have a cool story about a new short-sale specialist that is taking the nation by storm. Finally…we have some interesting links. Links….I hope you enjoy…..

Student Success Story: Phil PustejovskyThere is a sense of accomplishment and purpose when you have helped someone achieve success in something. I get this sense of accomplishment when my students that I have coached achieves success in real estate investing. But there is a much larger sense of accomplishment when the person I have coached, coaches someone else to success in real estate investing. The “cherry on top” is when the student becomes a national success.This is the case with my very first student, Tom. Tom went on and became a mentor to Phil Pustejovsky (“Phil P.”) who is now considered one of the best short-sale gurus in the country. Great going Tom and Phil! I will have more to say about their short sale program in coming blogs.

Today’s Links:An Economic Perspective….

• From the Paper Economy: Ticking Time Bomb? This person has a great blog….and it is based on “the decline of the greatest asset bubble.”
• Businomics Blog: Why Trucking Costs are Not Pushing Prices Up
• Roseman’s Eruptions: U.S Sub-prime Woes: Is the Worst Over?
• Mark Heschmeyer: State of Commercial Real Estate Financing Part 1: Beyond What We Expected!

Funny and Gross….

• The Rat House by Jim Watkins…..funny stuff….and gross to…check out the mummified mouse!

RE Education (kind of)….

• Matt Huggins: Is Real Estate Sentenced to Hard Libor?
• Real Estate Investing Mistakes I See In Kansas City
• California Real Estate Investors: You’re Not Invincible — Super …
• Losing Money In Real Estate – A True Story
• Two All Time Strategies For Real Estate Investing
• Money Hacks Carnival #11 – Ebb and Flow Edition
• What Every Potential Real Estate Investor Needs To Know
• Top 10 Investor Mistakes
• 6 Mistakes to Avoid in Real Estate Investing (Part 2 of 6)
• 12 Common Mistakes Real Estate Investors Make

Quote of the hour..….”It’s a good time to buy,” says Lynn. “A lot of people recognize that it won’t last forever, so they are taking advantage of it.”

Quote for the next hour…..”Amateur hour is over.” – Tony Thompson in this GlobeSt.com interview. (The Dirt Lawyer’s Blog)

Until next time…….rob

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