Friday, September 18, 2009

More and More and More

Here is a short list of REO apartment complexes & projects for sales!

City State ZIP Total Number of units
NEW YORK NY 10036 1689
NEW YORK NY 10029 1594
NEW YORK NY 10044 1107
NEW YORK NY 10128 1094
SAN FRANCISCO CA 94107 414
LOS ANGELES CA 90012 757
LOS ANGELES CA 90012 332
Phoenix AZ 85015 523

Contact me ASAP close now!

Unwashed know the truth

Today is Friday and so the last day of this amazing week I have some thoughts to impart to you. First thanks for taking the time to read this.

All week long I have been working with buyers and some brokers that claim to be buyers on a new 501c3 program. If you want multi-family property in any state call me I have it yes you will not believe the prices yeah you can buy 1 to 400 billion today. And I am telling the Truth!

This fact is driving the people on the east coast mad. Yesterday I had a educated high end broker from New York shouting at me on the phone because I gave him a property address that was on a list provided by an agency of the US government because it is for sale.

I got the call to call this firm and I did and I was accused of tarnishing the reputation of one of New York's Wealthiest families. The building is still on the list to be sold by the US government and this gentlemen then proceeded to belittle me as a "nobody not worthy of knowledge or authority" to handle this opportunity.

Listen up people the new system of selling off assets has to be free of Wall Street or the government staff are at risk of claims of special favoritism or worst Graft.

Get used to the new model of selling off these major assets. I work out of an office in Reno not New York because that is my choice. Now back to this gentleman and his firm. I provided his firm the correct paperwork to begin the process. They have not signed any of but instead made disparaging comments about my New York partner and is lack of skills and knowledge. I might add here that this firm competes with the guy I sent into their offices.

Next he attacks me and finally I informed him it was time to stop busting my chops and complete the forms cause this is REAL or call the FBI.

Yes that is right I know the name of the Agency, 501c3 and the US agency chairman so call the FBI. I work for living and nobody is going to cut me out of a deal using Cheesy tactics based on personal assaults. The reason this system is in place is to stop the wall street good old boys from controlling the pot. I am giving this guy information that is controlled under a non-disclosure agreement. End of story!

So please have a great day and be happy cause change is happening and things are not what they seem.

PS. The FBI is a great organization and with a management that has the phone number of the agency on "Speed dial" and the New York broker to the rich and famous is done with this program!

Thursday, September 17, 2009

24 months of Mayhem and what?

After doing this job for past 2 years I have to admit there are more problems today than there was in October of 2007. Back then only the wizened old guys and ladies were telling that they were going to sit on their cash because blood in the streets was coming. I was upset cause the client bought a gold mine instead of the hotel I was trying like hell to sell him.

That man was and is one of the smartest or luckiest people I have ever met, and he was right!

Bulk REO business is a full blown mess! The reason my friend related to me over cake recently was simple, "Government" or as he put it lack there of.

You see in order for market so prosper you have to enable the market. This does not mean regulation or government stimulus. What it means in this case is government have to allow natural processes to happen.

Dr. Housing bubble has been documenting the California shadow inventories and he has come to the conclusion that banks are keeping large in fact majority of foreclosed homes off the market. They are in fact doing this to buy time to keep their institutions day or reckoning in the future as opposed to shutting down the bank next week.

The problem here is the banks that is failed banks inventories have been accumulating in other banks that is the ones that the FDIC has brought in to buy these failed banks assets while the FDIC has been warehousing all the rest.

The Government is building a dam with the intention of preserving the economy by preventing the timely reentry into the market of this tidal wave to SFRs, multi-family and soon commercial retail properties. How big is the Governments dam? I got to see 1 cove and it is more than a Trillion, people that is one of the five categories and it is over a trillion.

My friend has not bought anything yet, and I asked him over cake why. He looked at me and said the beginning of the "blood in the streets" has not started yet. I choked, and asked him when this going to start. He said, "watch the dollar" it will start when the "dollars value" is clearly in steady decline.

I wonder if he is right?

In the mean time I have 1000 Apartment buildings to sell at less than 50 cents on the dollar any takers?

Monday, September 14, 2009

The REO Giga Shadow is Here

I have 23 Apartment building/s and projects that have been handed off to my firm to sell. There are over 7000 units in these apartment complexes. If you are the buyer call me. we have 48 hours to get you registered. These are all REO product. You must sign two NCNDs, and a Master fee agreement to be registered with the seller expect to make all your LOIs out to "seller of record". Please contact me for the discount data!

If you are Broker I can not help you! This seller does not allow broker chains. If you have a Facebook account look me up I am the guy in Reno with the bald head. I will tell you what you as a broker are going to have to do it you have clients that want this product.

Good luck


city state zip code Total # units
Phoenix AZ 85015 523
PHOENIX AZ 85044 360
GLENDALE AZ 85306 348
GILBERT AZ 85234 341
Avondale AZ 85323 336
Phoenix AZ 85022 324
PHOENIX AZ 85008 320
YUMA AZ 85364 312
PHOENIX AZ 85003 304
PHOENIX AZ 85035 301
Tucson AZ 85715 300
CHANDLER AZ 85224 290
MARANA AZ 85743 290
PHOENIX AZ 85004 289
Tucson AZ 85742 288
PHOENIX AZ 85014 285
MESA AZ 85206 266
PHOENIX AZ 85048 264
PHOENIX AZ 85043 264
PHOENIX AZ 85017 264
TUCSON AZ 85711 260
PHOENIX AZ 85031 256
Flagstaff AZ 86001 252