Thursday, December 11, 2008

SJREI Update

What a great SJREI luncheon at Maggianos last week - everything was perfect from the food, attendees, and the insightful contributions by participants.  Additionally, thank you so much for your generous donations for the Toys for  Tots program, and the non-perishable items for Second Harvest Food Bank.  Both of those organizations do a  great job in our local community,  and it feels good to support others in this difficult economic climate. 

We have been so busy doing deals that I have not had the opportunity to blog - we have to make hay while the sun shines.  It has been a hectic couple of months in our family – we bought three houses rehabbed two, leased them to tenants, and are  closing on the third one this week.  We will hopefully have that rehab completed by end of the year. I will keep you posted and have photos for that at our January meeting.   This is a great time to review the market for deals that make sense, or at a minimum start educating yourself on an area that appeals to you so that you are ready to take action at the appropriate time.


We are also doing some SJREI strategic planning for 2009, and will have some new updates to share over the coming weeks. Our goal is to continue to be the premier resource for Real Estate Investors in the Bay area, and that requires constantly updating and incorporating the newest data and information that keeps you abreast in this changing business environment.  With that in mind, we are attending the Jack Miller cruise on Saturday for a week, and will be bringing back some updated information on creative financing, deal structuring, how to evaluate prospective properties, essentially how to be your own best advocate when it comes to investing.   It is a week-long cruise and I reviewed the schedule yesterday and it includes three days of seminars that run from 8am-10pm - yikes!  That is typical Jack Miller, 78 years old and more energy than the rest of us put together...

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