I Need Real Estate Investors

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Day 23 in Las Vegas
Starbucks, Cheyenne at Hwy. 215

The two women were talking about real estate, so my ears perked up. Real estate talk is among my favorite hobbies. As a real estate broker myself, I spend half my time reading and learning all I can about short sales, wholesaling, selling, marketing, investing, Realtors, brokerage, and finance. Most recently I've been studying short sales, since banks are holding a lot of unwanted properties. (With a short sale, you're asking the bank to take less than what is owed on the property...and many times the bank will jump at a short sale in order to minimize the loss.)

The women talking nearby were looking for a home. One woman was obviously the agent and the other was a home buyer. The agent told the buyer that the market was near bottoming out and apparently things will begin to turn around next year. It seems what I've been reading in the paper agrees.

The Las Vegas area's job market has plummeted, reaching an unemployment rate of around 10%. Home prices have taken a beating and the commercial sector is in the toilet. It's a great time for those who have cash, however. Bargains are available on all kinds of properties. And with the market rebounding in 2010, it's a great time to invest.

I'm looking to build my list of investors in the Las Vegas area and will be designing a web site to promote my own real estate activity in the coming year. The real estate business has always been in my blood and I enjoy making money in it when I can.

If you're an investor, email me at mitch (at) mitchellaiken.com. I'm a wholesaler looking to go on the hunt for some great deals. Contact me and let's make some money!