<$BlogRSDUrl$>

Monday, June 20, 2005

Thinking of Real Estate? 
Real estate, in some areas, is about as risky a proposition as it has ever been. And there are a lot of lambs lining up for the slaughter in some areas like California and South Florida (where I'm renting, chicken that I am, although I do own a small amount of the Vanguard REIT Index because that's just the kind of die hard asset allocator that I am).

A lot of people are going to get disappointed. And the higher real estate prices soar, the riskier the whole house of cards gets, and the more difficult it will be to ignore the siren song of your friends getting rich.

And so Real Estate newsletter author John T. Reed seems to be providing an invaluable service with his "ratings of investment gurus" page.

For example:

[Wade]Cook is a best-selling author (Wall Street Money Machine) and also wrote Real Estate Money Machine previously. He is one of a number of best-selling financial authors who make that list, in large part, a rogue’s gallery. The many people who buy Cook’s books and attend his seminars are idiots. I have talked to some on the phone. When they ask about him, I recite all his legal troubles, including his bankruptcies. They then ask what I think of his latest book. Like I said, idiots.


Outstanding!

His evisceration of that insufferable hack Robert "Rich Dad, Poor Dad" Kiyosaki is especially noteworthy.

Comments:
Jason,
Preach, brother preach. I too see some frothy areas of real estate, particularly in the Miami, California, and to a lesser extent, New York and Hawaii.

The latter two, I can reconcile, since they are desireable areas on an island. Population growth is exponential, while the land is fixed well, you have yourself increasing demand for a scarce resource, thus higher prices.

California on the other hand is one of the largest states in the union. No shortage of land there. I looked at some of the multifamily cap rates, and it is absurdity beyond absurditiy. You could easily spend 4, 5, or 6x what you would for the same rental income in Texas.

Miami just screams pure speculation and the naysayers claiming "It's different this time" isn't comforting either.

I think people are just amazed with the power of leverage, much like they were with margin and options in the dot com era.

I'll caveat that with saying that mainstream America probably won't be badly affected by localized housing gyrations. I also like REITs a lot, although you have to know which ones are good and which ones to avoid. I think some mortgage REITs are solid, and apartments REITs should have pricing power should a collapse in real estate come to fruition.

I also hate Robert Kiyosaki. I could write a summation of his books in 3 paragraphs.

Craig signing out over at www.anathema-incarnate.blogspot.com
 
I've found John T Reed to be insuffereably snide about anything other than his own and some close friends.
 
This comment has been removed by a blog administrator.
 
Is there any data on how many people Robert Kiyosaki has actually helped?

Or is your blog just about limitless criticism?

Financial Maturity Blog
 
keyword california home equity loan
Information => keyword california home equity loan

 
I love your site.

I can help people who plan to move to San Diego save $5,000 to $25,000 on the purchase of their next home by negotiating with the seller. vermont real estate vermont real estate

Come and check my website out if you get time :-)
 
Nice Blog. If you are looking for more information on alaska cpa financial firm planning.
Check out this site alaska cpa financial firm planning. I found this site and think it may be useful.
 
"I just came across your blog about eBay selling and wanted to drop you a note telling you how impressed I was with the information you have posted here. I also have a web site about eBay ebook selling so I know I'm talking about when I say your site is top-notch! Keep up the great work, you are providing a great resource on the Internet here!"
 
Great stuff...going to bookmark your blog.....I have a refinance home mortgage home equity loansite...it has lots of info about refinance home mortgage home equity loan....keep up the good work!
 
This is a good post. I have a site about money investing please look at it if you can.
 
Wow your site is great- easy ways to make money- if you're interested in making making a profit when you sleep please visit my site easy ways to make money
 
I just saw your blog about credit equity home line nj and had to let you know what a great job you did with it. The information is very important and provides value to the Internet community. I know what I'm talking about when it comes to this subject because I also have a website about credit equity home line nj Keep up the great work!
 
Just wanted to tell you that you have a great blog here! It's being bookmarked!

I have a business loan
related site too. It covers a lot of finance and business loan
associated topics.

You're most welcome to check it out :-)
 
Hey i got here searching for how to make extra cash online
Your sites not too bad!

You got good rankings for them keywords how to make extra cash online

I would personally like to ask you to join my site its a forum about making money online , affiliate programs etc... your a good writer , hope to see you there maybe you can learn too how to make extra cash.

Thanks
how to make extra cash online
 
I discuss this topic daily myself. I also have a website that talks about california california cash foreclosure goldmedalmortgage.com home las loan mortgage refinance refinance stop vegas related things. Go check it out if you get a chance.
 
Hi, I ran across your blog and really like your content. I run a small website about wholesaling houses. You'll find that we offer a free course on wholesaling houses
 
Think that could give you some Search Engine popularity, and traffic???
 
Hi Blogger. I ran into your site while I was doing a Google search for russ dalbey. I really enjoyed your post on this post. Since we seem to be interested in similar subjects, you might want to take a look at this: CLICK HERE.
 
Nice site. Check mine out if you can. houston real estate
 
Hello,
Great blog with some useful info on texas home equity loans. I have a texas home equity loans themed site you and your visitors might find interesting. I'd love for you to check it out.
 
display your RSS feeds on their web sites for content.
 
Wow, I really like this one. I have a website that talks mostly about investissement besson

investissement besson
News

You should check it out sometime.
 
Blast Your Ad to 700,000,000+ Members on 400+ Networks
 
UoP online targets mature adults who have been in the work force for at least five years. The majority of UoP online students have been career oriented for some time. By designing their online classes so that they don’t require meetings at set times, UoP online helps busy individuals advance their educations. But don’t get the wrong idea; UoP online is not set up like other distance learning programs, Dicover the detailed information on real estate schools online
 
I enjoyed reading your blog. In fact, I've bookmarked yours!
Visit my internet marketing master product resell right site.
 
Blogger, I want to thank you for this post. I was nearing the end of my rope in my search for stop mortgage foreclosure, and even though this post didn't exactly meet my needs, it was such a worthwhile read that it gave me some more energy to continue. Thanks again. I can only hope to find more gems in my search for stop mortgage foreclosure.
 
GROW IT YOURSELF!
 
Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a free credit report site/blog. It pretty much covers ##KEYWORD## related stuff.

Come and check it ou twhen youhave time :-)
 
Great blog you have my friend..

I have a income opportunity home based business site. Pretty much related to this site.

Drop by and take a look..

Warmest Regards.
 
Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a adjustable rate mortgage site/blog. It pretty much covers ##KEYWORD## related stuff.

Come and check it out if you have time :-)
 
credit repair info MyOpp is the first portal to activate a complete portfolio of income streams with one click!credit repair info
 
Hey, Great Blog!
Your visitors may also enjoy visiting this site.
quick cash loan
 
sent Straight to your Inbox for your Convenience, you wont have to Search the Internet day after day...
 
I have a pretty cool site about fresh prince of bel air theme song lyric
 
Greatest Blog Post. Please visit this site on long distance 1010 canada
long distance 1010 canada

 
Hi there Blogger, I had been out looking for some new information on cash flows when I found your site and this post. Though not just what I was searching for, it drew my attention. An interesting post and I thank you for it.
 
if u want an ipod, you can go to www.getipodsforfree.com and do an offer. follow the instructions and they'll actually send you a freeipod, no joke, there's reviews all over the internet
 
You'll create 1000s of In-bound Links pointing back to your Site
 
Hello Blogger, been looking for the latest info on cash flow industry and found this post. Though not exactly what I was searching for, it did get my attention. Interesting post, thanks for a great read.
 
Wow Blogger,

Loved your post on real estate investing 101. It always impresses me to see how much people like you share their knowledge. Keep it up!

Thank again for the excellent read.
 
Hi Blogger,

I was busy looking for information on Powerseller Package and I came across your post " this post ". Very interesting. If possible, have you got any ideas of where to find the best resources on Powerseller Package.

Regards
 
Hi Blogger, Out surfing for information on homebusinesses & happened upon your site. While this post wasn't exactly spot on, it did strike a note with me. Thank you for the really good read.
 
Hi there Blogger, I had been out looking for some new information on american cash flow when I found your site and this post. Though not just what I was searching for, it drew my attention. An interesting post and I thank you for it.
 
Hiya Blogger, I am just spending a couple of hours browsing and found your site. I spotted your post called this post although it was arts and crafts ebooks I was looking for. I found it an interesting and informative read and I just though I'd say so. Got to go looking for arts and crafts ebooks now so I'll check your site again soon. Good site by the way. Keep blogging - John
 
Hi Blogger, Out surfing for information on business notes & happened upon your site. While this post wasn't exactly spot on, it did strike a note with me. Thank you for the really good read.
 
You have a great website here, and I'm going to tell all my friends about it.
 
good info
 
where i get more info?
 
where i get more info?
 
does this work
 
Met alle opties, hoe weet u of hebt u de juiste keus gemaakt?Candidly, Brice advance.bz cash linkdomain loan payday
 
Is this a place to read about payday cash advance washington and related material?Compliments, Lottie payday cash advance washington
 
H�rt jemand, was ich sage?So long, Etsuko bank foreclosure owned
 
I felice l� � un posto per parlare dei ringraziamenti di foreclosure sales per averlo.Compliments, Kiley foreclosure sales
 
Dieses ist ein guter schauender Aufstellungsort!Best Wishes, Sandee foreclosure virginia
 
Nada es subsistencia usted de conseguir lo que usted desea.Sincerely, Yasmin fha foreclosure
 
Hey - Cool blog, nice layout! Checkout my missing relatives blog if you can.
 
Hi there! While out blog surfing today for specific info on edge equipment golf tour, I ended up on your page. Your site shows that I ended up a little off base...funny how we end up finding things while we surf. Should you ever need it, there is plenty of information on this site about edge equipment golf tour.
 
Debt elimination services can help consumers who have more debt than they can manage look into options of reducing or negating that debt. When searching for debt elimination, consumers should seek an agency that offers debt counselling and guidance based on an individual's unique circumstance.
If your site is of similar interest contact me and link sites.
Debt Resources Services.
 
Est-ce que ce par endroit � lire est au sujet de student loan consolidation rates et de mat�riel relatif ?With Respect, Eladia student loan consolidation rates
 
Conjecture ce qui ! ? Il y a plus d'information sur le financial aid dog rescue america dehors l� !So long, Kurtis financial aid dog rescue america
 
Hello! While I was searching for info on golf community in florida I somehow landed here. I am certainly glad I stopped by for a read. While I am here, I just wanted to drop a quick note to comment your blog...now to move on and continue my search for golf community in florida. Thanks for the post.
 
Debt elimination services can help consumers who have more debt than they can manage look into options of reducing or negating that debt. When searching for debt elimination, consumers should seek an agency that offers debt counselling and guidance based on an individual's unique circumstance.
If your site is of similar interest contact me and link sites.
Debt Resources Services.
 
Shop, compare and save on your next home mortgage, refinance, auto loan, payday loan advance and even personal credit lines. Regardless of your prior credit, you can qualify for a better loan at a better rate by shopping and comparing our extensive site of lenders. Fill out a no obligation, simple one page application and get a FREE rate quote. We specialize in great low rates for those with poor or bad credit, even no credit at all. Good credit customers can expect the lowest rates available.

Don't delay, come to www.nwcleasing.com and apply today and get an instant decision and lock in your lowest possible rate.
 
Thanks for all the great comments and insights..By the way, are you looking for more information on bad credit mobile home loan ..If so here is a fantastic resource for everything related to loan matters and bad credit mobile home loan with information, products, articles and more..Check it out here...http://www.homeloansnationwide.com/Directory
 
Blogging is a blast. I like your blog. I have a lot of blogs that I personally run, but looking for blogs is fun too. Looking for blogs related to financial aid and even rock climbing today. Yeah, weird combo.
 
can i get more information?
 
Hey there, I'm just a retiree from Maryland cruising around the net and looking
for interesting blogs. Came across your blog and thought I 'd say hi. Good job.

Regards,
Debbie


credit repair debt consolidation
 
Good post
 
Good post
 
Quando in primo luogo ho ottenuto interessato in esso, ci doveva cos� tanto imparare. Il pi� che conosco, pi� le domande ho.Respectfully, Un seattle face lift
 
Hi there, you have a really useful blog. Can you believe it? When blog surfing for detailed info on bad credit mortgage I ended up on your page. Obviously your site is not exactly what I was searching for, but your site caught my interest. Just wanted to drop a quick note to comment your blog...now to move on and continue my search for bad credit mortgage. Thanks for the post.
 
good info.
 
This new, Internet Shopping Mall has the hottest products. Well over ONE MILLION in all, including online discount shopping mall.
 
6 ways to prevent child abduction;
1. Never leave your child alone in a public place, car, or stroller.
2. Point out a safety house or houses in your neighbourhood, where children can go if they are in troble.
3. Check older friends of your child and all potential babysitters.
4. Do not use clothing or toys with your childs name on it. A child will less likely fear someone who knows his/her name.
5. Always accompany your child to a public restroom.
6. Keep an up-to-date color photograph of your child. a child I.D, and medical and dental history, and have your child fingerprinted. Child Abduction is a growing concern and there are simple precautions that you can take to help safeguard your children.
Link to my site: child care baltimore
 
6 ways to prevent child abduction;
1. Never leave your child alone in a public place, car, or stroller.
2. Point out a safety house or houses in your neighbourhood, where children can go if they are in troble.
3. Check older friends of your child and all potential babysitters.
4. Do not use clothing or toys with your childs name on it. A child will less likely fear someone who knows his/her name.
5. Always accompany your child to a public restroom.
6. Keep an up-to-date color photograph of your child. a child I.D, and medical and dental history, and have your child fingerprinted. Child Abduction is a growing concern and there are simple precautions that you can take to help safeguard your children.
Link to my site: child day care
 
Child Care costs are one of the most expensive costs associated with going back to work. Finding waya to cut down on child costs without sacrificing Quality Child Care is a top priority for all working parents.
Link to my site: child home day care
 
This is a excellent blog. Keep it going. No better time than now to learn about poor credit home loan http://thehomemortgageguide.com Bad Credit? poor credit home loan
 
You ever have an annoying dog that barks next door like a mad crazy dog from a Carpenter book and you all of sudden find yourself at the computer on the internet and completely absorbed? And for those few solumn, focused and unearthly moments, you could not hear that damn dog barking in the background until you somehow get detached from the computer. But when I got back on my computer, I have no clue how I ended back searching for Www mi mortgage co uk when my original subject was completely different than that. Hmmmm, it must be that I was drawn to this specific site. Funny how things works.
Www mi mortgage co uk
 
Nichts ist Unterhalt Sie vom Erhalten, was Sie w�nschen.Chiao, Florance performance review guide
 
This is a great opportunity. Just push a button 4 times per day and make $1,000's per month within one year.
 
6 ways to prevent child abduction;
1. Never leave your child alone in a public place, car, or stroller.
2. Point out a safety house or houses in your neighbourhood, where children can go if they are in troble.
3. Check older friends of your child and all potential babysitters.
4. Do not use clothing or toys with your childs name on it. A child will less likely fear someone who knows his/her name.
5. Always accompany your child to a public restroom.
6. Keep an up-to-date color photograph of your child. a child I.D, and medical and dental history, and have your child fingerprinted. Child Abduction is a growing concern and there are simple precautions that you can take to help safeguard your children.
Link to my site: child care baltimore
 
Hi friend. Thanks for this blog you have. I've been doing some research today on data entry jobs and came across your site. I'm pretty impressed with your amount of knowledge and the great content you have here.
I am sure you are helping a lot of people. Thanks for the info.
 
While searching for mortgage protection I just have not had the best search results. Maybe I need to create my own blog and let others post so I can get better info on mortgage protection.
 
I was searching blogsites on Google and came across yours. Very cool keep up the good work.

From http://www.surveyearn.biz/MysteryShopper/Mystery_Shopper.html my web site is about mystery shopping information
 
Nice blog and info. Keep up the good work.

I have a site that you are welcome to visit at http://www.surveyearn.biz/PaidSurveys/Work_at_home.html it is about part time work from home
 
Post a Comment

This page is powered by Blogger. Isn't yours?

Site Meter

Prev | List | Random | Next
Powered by RingSurf!

Prev | List | Random | Next
Powered by RingSurf!