Transition in Business Life

Posted: 29 Jul 2007 23:04
Registered User Currently Offline	Posts: 3 Join Date: Jul 2007
I've been practicing real estate for over 13 years now. It's had its highs and lows, but more recent highs due to market economics. Last year I decided to leave my position at a prominent wall street real estate firm to pursue my personal objectives in investing. I am in the midst of transitioning to value-investing as a full time investor and have sought to learn as much as possible from the best there is. I wonder if there is anyone else out there who has done the same in recent years? I'd like hear your story of success. Making this transition and learning a totally different style of investing is not an easy chore. But, I trust in my instinct and the rewards for someone who is dedicated and disciplined. This, is all coming from someone who only obtain a high school diploma.

Posted: 08 Aug 2007 03:05
Registered User Currently Offline	Posts: 8 Join Date: May 2007
En: Just a thought. Imagine this. OK you have real esate background. Solve the problem, if you have the time and vision, bail out the sub prime market. My theory, may be far fetched, but follow this. OK, put together an IPO. Call it Transamercian Realty Holding Trust. Go public with 500,000,000 million shares priced at 100 per share. Raise 50 billion dollars. OK, now those who buy into the IPO are the distressed sub prime lenders and banks ( Now I know 50 billion is not enough but follow this concept ). OK, the use of the generated capital goes to buy foreclosed property, bad loans, etc. from the balance sheets of the big banks, lenders and those stuck with paper ( who will line up to take a % of the IPO ).OK, this in turn take debt off their balance sheets and turns it into an asset on the books of the newly formed IPO. Then rent out all these distressed property's. This in turn generates income for the newly form company. You follow ? At same time you depreciate these property's on your books. Thus you have ( a ) bail out the sub prime market ( b ) turned their debt into equity ( c ) generate positive cash flow. Then over time say 5 to 10 years these property's regain value and it's reflected on the books ( and in the stk price ) of your IPO aka new company. The lenders and banks who got hit now have a marketable security on their books that will appreciate in value over time and they can hold or sell their shares in the open market at anytime. It's a win win and your a billionaire in 10 years. I always see solutions and I think this is one for the sub prime market right now. Does it make sense ? I'm not a real esate expert but if you got the time you could pull it off. Mark