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Anonymous asked: I am beginner just starting out. I created my LLC, posted some ad's on a few websites & will be attending some RE associations in the next few weeks.i Would you be interested in working in the Jersey City area on some deals? I'm willing to do 70(you) / 30 (me) split on deals i find. If you are interested or may know someone my contact info: Rich G (347) 669-2059
Rich
Glad to hear that you are getting into the real estate game. For the right deal I can definitely jv with you. If you need any help as you get started in your real estate career then give me a call at my office line 973-894-3004
Regards
Ankit
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New Age of Real Estate
Five MORE Predictions for the New Age of Real Estate
1. An abundance of capital will likely keep cap rates low through 2017.
2. The talent shortage will continue for years as the real estate industry transforms itself from a supplier of services to a provider of knowledge and asset solutions for multiple stakeholders. Watch for a greater reliance on technology, temporary employees, contingent workers, leased employees, specialists, job-share employees, near-shoring and the off-shoring of select functions.
3. Of the regional/local real estate service firms which existed in 2010, 30 percent will disappear by 2020.
4. The best long-term, value-appreciating opportunities in real estate will be found at or adjacent to: (a) major colleges and universities; (b) hospitals; (c) coastal and capital cities; (d) corridor or string cities; (e) 24/7 knowledge cities and financial centers; (f) edge cities; (g) areas surrounding ports and transportation hubs; (h) locations proximate to the growing populations of Hispanics, retirees and Generation Y adults; and (i) niche markets serving growing industries.
5. Look for the creation of a global eBay look-alike for the real estate industry.
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Using one’s IRA to invest into real estate opportunities. Yes it is true and it is not illegal. Take a gander on this report by CNBC
-Ankit
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Definitely true in real estate.
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Great Thought on Entrepreneurship
An entrepreneur who has an unwavering committed to the original plan is likely to fail, and an entrepreneur who chooses the most profitable business plan is likely fail. But an entrepreneur who is committed to solving the problem in the best possible way just might find the right path to success.
From:Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes by Tarang Shah with Sheetal Shah
-Ankit
