Who says that real estate is not a viable investment vehicle in today’s economy?  Do you realize that because of the weak dollar, real estate is considered a bargain for shrewd investors overseas?

 

One of the big real estate success stories this week comes from one of the godfathers of modern day real estate investing, Donald Trump. Here is an article from the Associated Press about his latest residential sale…

 

Donald Trump has sold his mansion in Palm Beach, Fla., for $100 million to a Russian fertilizer billionaire Dmitry Rybolovlev.

 

Trump, who paid $41 million for the 60,000-square-foot oceanfront house in 2004, told the Associated Press, "I think it’s a great sign for the area, a great sign for Palm Beach and all that Palm Beach represents…In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate.”

 

Source: The Associated Press (07/16/08) 

 

While a $60 million gross profit in 4 years will secure most of us for life, it is really just a reminder that “perception” is the real reality…not what the media projects.  The perception right now in the world is that America is on sale.  According to this Russian billionaire, $100 million was a fair price for a home in the US.  His opinion now is all that matters…his and the appraiser’s, of course.

 

Do not be influenced by the media’s skewed usage of propaganda to make you fearful.  Because I have an extensive background in radio, television, and film, I know from experience that the propaganda is only to trump up higher ratings (no pun intended, Mr. Trump).  The time is NOW to act on your fears to do something different and begin or continue your involvement in real estate. 

 

The next few years, I’m told, will manufacture the largest number of millionaire-turned billionaires in the history of our country.  What investment vehicle do you think will assist them in this? The answer…Real Estate!  Take a look at any wealthy person’s investment portfolio.  Real estate investments are part of just about every wealthy person’s portfolio mix.

 

My point…you don’t have to reinvent the wheel to take advantage of prosperity.  Just study.  Study the business minds of real estate moguls and others who have successfully moved in a positive direction with this.  Thousands of people will experience tremendous wealth over the next few years.  Why can’t one of those people be you?  Realize that you may need to start small, but the key is starting.  I can help you get started.  Contact me for a consultation to start you on your way to financial prosperity.

  

Go Hard…Everyday…

 

Gary

 

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