Personal Mission

My goal is to keep real estate in the hands of private individuals. My goal is to teach people how the game works so they can become financially independent through real estate acquisitions, long term real estate holdings and real estate commissions. I heard an offhanded quote from a syndication group active in Multifamily investment that said “we will probably just grow our portfolio until someone like Blackstone buys it.” That passing comment made me shudder, why not keep the properties in private hands, at what point do you think Blackstone is going to liquidate any of their assets and bring properties back to market, available to private investors? When hedge funds purchase such properties, they are removed from the buying pool and are unlikely to come back on the real estate market. They are gone for now—and probably for the long term. This trend reeks of a dystopian future where private individuals are unable to buy real estate because there are fewer properties to purchase which pushes pricing to unattainable levels. If there are far less Sellers in the market, inventory will shrink which pushes prices up further, barring the entry of new Buyers, trapping them in the rental market during critical periods of asset growth. Real estate has always been a vehicle for upward mobility of the private individual or group, responsible for creating more wealth than any other investment. The corporatization of everything is upon us. I am just one small voice but if I can share this viewpoint maybe it will motivate independent everyday people to push back by organizing their finances, becoming educated about real estate and mobilizing to buy more properties.

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A Second Career in Commercial Real Estate

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