Yesterday I was watching Jim Cramer’s “Mad Money“. Cramer is a crazy guy… but he knows his stuff. On the show he interviewed the Donald, who had some revealing words to say about the economy and the real estate market.

Here’s the video: ==> Trump Video

In short, Trump says that we are in a recession (no new news to me… but some people are still saying we’re not in a recession… huh??) and in some places possibly in a depression.

Those are pretty big words.

A DEPRESSION!

No, this isn’t to the magnitude of the Great Depression, but this country isn’t in great economic shape. All you have to do is look at the real estate market and see that it is hurting a bit.

==> Housing inventories keep rising…

==> Foreclosures are at an all time high…

==> Banks are shutting their doors…

==> Banks are borrowing billions from foreign countries…

In the interview, Donald Trump remarked that commercial real estate is still going strong…

however, there isn’t as much money floating around now so we shouldn’t see the overbuilding that we’ve seen in the past (that we saw in the residential market in the last 5 years)

Trump also commented that oil is on the rise right along with interest rate drops, which further depresses certain classes of the economy.

But…

What does all of this economic mumbo jumbo mean to real estate investors?

The next 1-2 years (possibly 3 years) will be a huge opportunity to acquire real estate at great values.

If you have capital… the next 1-2 years is where you build your real estate empire. Like the Donald said, “this is where fortunes are made“.

If you don’t have capital… it will be a bit more difficult to build your fortune. But, it can be done… everyone at one time starts with zero. It’s not where you start… but how you take advantage of your opportunities.

So, for investors with little to no capital... you need to find people who do have capital. There are thousands of people out there with a ton of money sitting in a low earning IRA, stock, money market, etc. You need to find these people and partner with them on acquiring real estate.

You be the deal finder and maker… the dude with the money brings the dough (money). You can work out whatever share you want, but typically the share is a 50/50 or 75/25 split. Don’t short change yourself here. If you’re the one finding the deal, putting it together, etc… you need to get your fair share.

So, whether you think Donald Trump is full of hot air or not… I can guarantee you that savvy real estate investors will massively increase their fortunes over the next 1-2 (possibly 3) years. Will you be one of them?

Keep tuned right here. Over the next few months we’ll go over ways that you can take advantage of this market and exactly how to do so. We’ll bring in real investors out there making it happen to help you along to success.

Remember, education can only take you so far. Get to action doing something and learn from your mistakes. Learn the basics, find a mentor, set up a team of advisors (real estate broker, CPA, attorney, escrow agent, private lenders, private investors, etc.)

If you’re feeling a bit unsure about how to go about things, read through our blog and figure out exactly what your goals are. Then, find the best resource (book, course, mentor, etc… whatever!) for that specific real estate investing focus… get your education… and immediately put it to action before you buy any other REI education.

Is 2008 going to be your year? I hope so.

Here's A Few Related Articles...

• How This Guy Has Got Several Million in Private Money for Real Estate…
• Capital Gains Tax Rates – State by State
• Just a bit of “pre-launch” info – Top 9 Ways to Sell Real Estate
• Top 4 Ways the Fed Rate Cut Helps Real Estate Investors
• Getting financing with poor credit and no money for real estate investing…

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