Fortunato Class in San Fransciso - Posted by Tim Swayne
Posted by Tim Swayne on October 13, 2008 at 12:45:30:
Just attended the Real Estate Acquistions Class in San Francisco given by Peter Fortunato…
It was AWESOME!!!
Great information, wonderful deal stories, tremendous crowd who were all gracious and helpful. All in all it was an 11+ on my scale of 1 to 10.
What was so refreshing was that it was all pure education.
Re: Fortunato Class in San Fransciso - Posted by Jim_Alaska
Posted by Jim_Alaska on October 13, 2008 at 15:10:34:
I can’t add anything to what Tim said. It was an awesome educational experience whether you were new to the game or a seasoned investor. Peter was great!!!
Re: Fortunato Class in San Fransciso - Posted by Tim Swayne
Posted by Tim Swayne on October 14, 2008 at 20:02:53:
Adam:
The main concept is that when a property seller states; “I need all cash…” its a BIG LIE.
Most sellers do not NEED all cash,as the question that begs to be addressed is WHAT are they going to do with the cash if they get it? (buy a car, consolidate some bills, use it buy another property, etc.)
Often INCOME derived from the equity in their property can be used for the same purposes.