With the stock market free fall last week I got a call from a New York investor who was interested in a 3.75 million property we have on gulf coast and is advertised on loop net. This investor point blank said "Our investment group has money to invest and hold and we are looking for alternatives to the Market." I think we can expect more of that. Go list some land this week!
OK, so we lost money also, but we do not have time to sit and cry, we have work to do. Get on the phone, call all your investors and tell then that the best place to put money now is in a sure thing, Real Estate. This is a great time to buy, buy, buy and hold and you all know that the market will come back but we know Real Estate will come back also.
There is only so much land and it will always have value and as for those foreclosures, the inventory is so high it is hurting owner re-sales, so go out get your investors to buy up some of those foreclosures, get them off the market, it looks to us like the Gov. is taking steps to slow the rate of new foreclosures, so look at what a great opportunity we have to move that dwindling inventory.
As for Team Stanley, we are expecting and praying for a great year. Leave it in God hands and watch it go. My Mom always said, "sometimes God has to put you flat on your back to get you to look up".
Today is a new day, get up drink a raw egg, then go out and realize nothing worse can happen to you that day.
Pete and Mary, the positive Team
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