As we near the end of the first month of 2011, the real estate market seems to be bouncing back to health quite well. The commercial space still has room to improve. It will probably never be what it was a few years ago - and that's a good thing! For a lot of us, it was too easy.
Investment real estate lending was so easy that we lost track of fundamentals. We forgot the fundamental disciplines of business and investing. We thought there would always the market, i.e., a sucker, to bail us out of our questionable decisions. In that regard alone, a little correction was good for all of us.
Now, for those few of us still in real estate, the future looks bright. You stayed in the game. You must count that a victory and press forward. Live forward. No more regrets. We've been to the bottom. Let's get to the top - together!
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Mark Anthony McCray is the Founder and CEO of Houston, TX based First Capital Commercial Finance (http://www.dealsdone.net). First Capital is a commercial mortgage banking, development consultancy and brokerage firm that has helped its clients leverage millions of dollars in financing for their real estate acquisitions, developments and investments over the years. Write or call 832-566-2001 for more information.
Here are some other ways to connect with Mark:
mark@cashoutguy.com
http://www.thecashoutguy.com
http://www.facebook.com/TheCashOutGuy
http://www.twitter.com/thecashoutguy
http://www.twitter.com/markmccray
PS - Also, we have a great educational program available for download for those of you who are looking for guidance in placing commercial loans on your own. It's available here: http://www.dealsdone.net/seminars_materials.php
Where's the Market?
10:28 AM
Mark Anthony McCray