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  #1  
Old May 14, 2008, 01:57 AM
Duane Adolph
 
Posts: n/a
Default Re: More Info....

Thanks Michael,

I would have to agree with this statement

"most people don't know what it Means when something is reported.

Same goes for "studies" or "experiments". the numbers can be twisted to reach almost any conclusion in some instances. But that is another topic.

I appreciate the article. You mentioned you were doing a bit of a search for Patrick McAlister, not sure if you saw the $89 .pdf on the "Arteries" he is selling at

http://www.buildersanalysis.com/?page_id=2

Thanks Again


Quote:
Originally Posted by MichaelRoss View Post
Duane,

Thanks for remaining interested.

Let me throw in something else to think about, and then, show how one guy in Nashville makes his bucks following the same Infrastructure Rule.

Ok. You've probably seen Reports in the Media about Mean House price changes. Well. Here is how such reports are next to meaningless...

Imagine a town where All 2 bed Condos sell for $200k, all 3 bed homes sell for $300k and all 4 bed homes sell for $400k. And, those prices remain FIXED for the next ten years. And each year, only ten properties sell.

Year 1: 8 two-bedders sell and 2 three-bedders. That gives total sales of 8x$200k + 2x$300k = $2,200k in sales. Or a $220k each.

Year 2: five 2 bedders sell and five 3 bedders. For total sales of 5x$200k + 5x$300k = $2,500k. Or $250k each.

Year 3: Four 2 bedders sell, four 3 bedders and two 4 bedders. Total sales are 4x$200k+4x$300k+2x$400k = $2,800k or $280k n each.

I don't think I need to go on for you to get the point... that even though the prices remain the same for each dwelling, the Mean changes depending on How Many of each type of dwelling sell in any given time period.

Also understand by this example... that different Types of Property sell in different amounts over time. Again, going Against whatever doom and gloom the media is reporting. Not to say the media isn't reporting what they are given, just that most people don't know what it Means when something is reported.

Ok. Now to something similar...

I was doing a bit of a search for Patrick McAlister. Trying to find his website. Anyway. I stumbled upon an article about a guy in Nashville called Patrick McAlister who is a bit of a real estate encyclopedia. And what *I* call Infrastructure he calls Arteries. And he throws in a couple of other thoughts as well. Well worth the read at http://www.growthstockwire.com/archi...007_jan_04.asp

Michael Ross
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  #2  
Old May 14, 2008, 02:05 AM
Duane Adolph
 
Posts: n/a
Default More Infrastructure Proof? Another real life example from my neighbourhood

Could it be Synchronicity? :->

On the topic of Infrastructure I found this article in my local newspaper. I found it online as well.

New transit lines will drive house prices
Resale values can jump 20% with expansion of transportation routes

http://www.thestar.com/Business/article/422263

You can a .pdf of some of the findings here.
http://www3.thestar.com/static/PDF/0...ion-effect.pdf

Now how is THAT for a money map :->

Cheers

Quote:
Originally Posted by Duane Adolph View Post
Thanks Michael,

I would have to agree with this statement

"most people don't know what it Means when something is reported.

Same goes for "studies" or "experiments". the numbers can be twisted to reach almost any conclusion in some instances. But that is another topic.

I appreciate the article. You mentioned you were doing a bit of a search for Patrick McAlister, not sure if you saw the $89 .pdf on the "Arteries" he is selling at

http://www.buildersanalysis.com/?page_id=2

Thanks Again

Last edited by Duane Adolph : May 14, 2008 at 02:43 PM. Reason: spelling
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  #3  
Old May 14, 2008, 04:23 PM
MichaelRoss
 
Posts: n/a
Default Near By But Not Next To

Duane,

Thanks for linking to those articles.

I don't know that a Study is needed to find this info. out. Just observation over time. Unless you call my Observation, or Gordon's and now Yours a Study.

Anyway. While the Map is interesting, it's only about Train Lines. And down here, Residential property is generally worth Less when it is Next to train lines.

Best position is Near something but Not Next To it. A couple of blocks away from a shopping center but not next to it. A few blocks away from train lines and station but not next to them. A few hundred yards to a mile or so from a Major Highway/Motorway/Freeway/Whatever-You-Call-It but not next to it.

In this way we have the Convenience Without the Headache of it. And by being slightly away from it, If at some point in time the road needs to be expanded, your property is not likely to be in the resumption zone.

Of one of the places which I identified - yes, I do have investments in those areas so am putting my money where my research is - the Artery is in the process of being upgraded. Eventually the entire road but for now a major merging zone where another main road connects.

Anyway. Right next to this Artery is a Service Road. When the Artery is expanded the service road will be gone, as will homes along it.

At the moment one guy has Refused to sell. Reckons the govt didn't offer him enough money. So he has taken it to write signs on his fence and on his roof. Calling it Theft By Law and asking for help due to his poor offer.

Thing is, at the time of his offer it Was good. Also, ALL property sold has one encumbrance... the govt (In Aust). This encumbrance grants the govt the Right to take your property away - check your title and you'll see it there. As it's part of buying, this fellow bought with this encumbrance on the title and is now complaining about it because it is being enacted.

This is generally prevented when you buy Near By but Not Not To main thoroughfares and other infrastructure.

Michael Ross
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  #4  
Old May 14, 2008, 05:25 AM
MichaelRoss
 
Posts: n/a
Default Different Pat

Duane,

Thanks for mentioning the $89 PDF. Interesting.

The Pat McAlister I was searching for was the one who had an Association with Bill Myers. I Thought his website was patm.com but that just brings up some Happy Snaps website.

Last I Heard, Pat had given away Marketing Products and was the happy owner of a trailer park.

Michael Ross
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  #5  
Old July 20, 2007, 12:18 AM
Duane Adolph
 
Posts: n/a
Default First there was LEE then there was ROSS

Bruce Lee explained the power of being fluid with "The Water Metaphor."

"Empty your mind, be formless, shapeless--like water.
Now you put water into a cup, it becomes the cup,
You put water into a bottle, it becomes the bottle,
You put it in a teapot, it becomes the teapot.
Now water can *flow* or it can *crash*!
Be water, my friend."


THEN there was Michael Ross who explained the power of Infrastructure with "The Ripple Effect Metaphor:"

"Infrastructure is moving into the areas - and there is also The Ripple Effect.
Think a pebble in a pond and waves rippling out.
Think of those waves as Price Rise waves.
They start in close and gradually move out - along the infrastructure lines."


Hi Michael,

Thanks for all the great info on Manny's program.

I LOVE the Infrastructure method for finding Future Growth Areas because it is Simple and easily identifiable. I will be sure to look out for population growth as well.

I appreciate you sharing your thoughts Michael.

Duane Adolph

Quote:
Originally Posted by MichaelRoss View Post
Duane,

Thanks for asking.



Manny makes his money when you Buy In to his program - and - when you have him create a Contract for you. He can create a CFD without you Buying In, but it costs you more money that way.

Don't quote me on this, but I think his prices are something like $250 for a contract when you Buy In and $500 if you don't. Either way, still cheaper than a normal lawyers creating one for you.



I've lived in 3 different cities in two different states and the single thing that comes Before ALL Growth is...

Infrastructure!

And the thing with Infrastructure is, the full effects can take years to happen.

A new two or three lane motorway into an area can create ten to fifteen years of growth.

The city I live in now, I have identified Two areas with Good Future Growth prospects. Both are... slightly out of the city (not too far to travel to work daily) and both are benefiting from Infrastructure Improvement and Planned Infrastructure Improvement.

Without infrastructure - and I am referring to roads and rails and transport stuff - it's hard for people to move to those areas. Give them quicker transport and the place will take off.

Just today I was speaking to an old friend I haven't seen in 18 years. He was telling me all about the suburb we used to live in back then. There are two new motorways into the area and a new train line. And as a result, what was a no growing to slow growing place is now taking off. And much of the surrounding countryside is now ALL housing estates. The major shopping center has doubled in size, the town center shopping center has also expanded, as have some of the clubs. (A far cry from when I lived there and a major developer had to offload 3/4 of the development to the Govt Welfare Housing because he couldn't find anyone to buy it!)

I used to work at Australia's Wonderland - think Canada's Wonderland for a idea. The place closed in 2004 and was demolished in 2005, but there is now motorway access into that neck of the city and things have gone gangbusters. What used to take around 2 hours to travel into the city, now takes around 30 minutes.

It also helps if the population of the city is growing. For that you'll need to contact your local authorities.

And through it all, you'll need to keep your finger on the pulse of what's going on in your city. The two main areas I have identified were not viable 15 years ago. But now they are. As is a Third area that *I* avoid because everyone is talking about it - so prices are already artificially higher than they would be (still okay for most people to invest but *I* can get better bang for my buck elsewhere).

You could say, if the area was not viable 15 years ago but is now, doesn't that mean it was viable back then?

Well no, because no-one wanted to live there, the place was stagnating, prices were dead flat and places were empty for months at a time (even with dirt cheap rent and one month's free rent). No infrastructure was planned at the time.

But things change. And since then, infrastructure has occurred. Just enough to make the places viable but not enough to drive the prices through the roof, yet. But over the next five to ten years, things in those areas will be skyrocketing.

For example: Most housing in the city is $350k++. But just 30 minutes drive into those two areas and you can buy condos and townhouses for $130k to $180K and houses for $190k - $240k with rents around 5.2% or better. (You cannot find a condo or townhouse within 20 minutes of the city for under $250k, so these places are little goldmines.)

Infrastructure is moving into the areas - and there is also The Ripple Effect. Think a pebble in a pond and waves rippling out. Think of those waves as Price Rise waves. They start in close and gradually move out - along the infrastructure lines.

In this country, some smaller rural towns Seem like good places to invest. But what drives those prices is other investors and not true Living Demand. I avoid such artificial Flavor of The Month investing.

Anyway. MY experience tells me, New as well as Upgraded infrastructure points you in the direction of Future Growth. But make sure your city's population is also growing.

Michael Ross
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  #6  
Old April 28, 2008, 07:04 PM
-TW
 
Posts: n/a
Default Manny WHO? Manny WHERE?

I read the thread -- but didn't see Manny's last name or his iste.

Michael, please advise.

Thanks!

-- TW
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  #7  
Old April 30, 2008, 05:59 AM
MichaelRoss
 
Posts: n/a
Default Manny Here!

TW,

Thanks for asking about Manny.

Check your messages. In the meantime, here are saome details for you...

Name is Manny Protopapas. Has/had a website called nomoreredtape or something like that.

He offered a "real estate acquisition program". My quick search shows he was/is also associated with something called "Real Estate Funding Solutions". And the website of one of his associates is http://www.deletethebank.com

Michael Ross
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  #8  
Old May 1, 2008, 05:48 AM
Bill
 
Posts: n/a
Default Re: Manny Here!

http://realestateacquisitionsmadeeasy.com/home

Quote:
Originally Posted by MichaelRoss View Post
TW,

Thanks for asking about Manny.

Check your messages. In the meantime, here are saome details for you...

Name is Manny Protopapas. Has/had a website called nomoreredtape or something like that.

He offered a "real estate acquisition program". My quick search shows he was/is also associated with something called "Real Estate Funding Solutions". And the website of one of his associates is http://www.deletethebank.com

Michael Ross
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