short-sales & foreclosures in downtown los angeles: the right investment strategy

 Buy now: The marginal savings you think you will gain by waiting for a further dip in property values that may accrue to you will be offset by rising interest rates and other variables.

The tide will turn-our President is pump-priming the economy and his policy ‘hand’ is gaining finesse. We will move away from this recession within three-five years. We won’t see exponential growth like we did before because the commodities markets will remain unstable for decades to come as China and Korea gain colonial footholds in Africa (to fuel their endless need for non-renewable resources, advancing a strategy of economic warfare three hundred years in the making-which they are winning) and the next great oil grab gains momentum.

From recession, we will move toward decades of starts and stops-until sustainability entrepreneurs are able to develop truly added value products and services with enough built in efficiencies and sell these products and services within a reasonable pricing structure (we are a long ways from that paradigm).

Today, The South Park Development Group-Forbes Legacy Ventures LLC met with a dynamic, interesting, and bright lady (Lila Feingold…much more about her in the coming days and weeks) who has a deep and comprehensive understanding of real estate and human behaviour. She put on the table a definitive scenario that leads me, as CEO of The South Park Development Group and FLV LLC to three conclusions:

1. The South Park Development Group will accelerate the development of our network with certain developers, brokers, and investors and develop a comprehensive ‘buy-in’ plan regarding taking equity interest in not just projects we are developing in South Park Los Angeles, but also South Park Los Angeles properties themselves through our league of like minded business allies.

2. Lila Feingold has her pulse on future trends and she should be viewed by any serious real-estate investor or home-buyer as powerful point-person with one’s best interests in mind (she’s a dynamo).

3. Peter Drucker was fundamentally correct when he proffered these thoughts twenty five years ago: Almost everyone is wrongheaded in their approach to business and business development-the old axiom “that if you build it, they will come…” is, in the world of business as valuable as toilet water.

If you plan it, if you brand it, if you systematize it, personalize it,market it, day in, day out, beta test your products and services with rigor, budget for it, test all your assumptions and be open to being wrong about everything and then, with rapidity, adapt and change, and have that certain indefinable mix of passion and intensity, and brilliance, then, maybe, just maybe they will come.

-Martin Cavanaugh Porter III