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The flyers: Hairy and a hundred year-old Tutu

Up on the hills of Hillsensky, there lived Hairy and Tutu.

Hairy spend her night and day running, jumping, racing, and hopping around the meadows of fresh, yellow daisies spreading across the hills and skies.

Indeed, Hairy is a steadfast creature, a very fast flyer too, spinning around from here and there, then go round the world  and about.

Tutu, however, spend her days under her shell, rarely sees the sun that shines brightly across the hills and skies. But every night, every single night, she dives into the pond by the yellow daisies, deep in the woods, grasses upon grasses she go on to dive and swim on the depths of waters.

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The real deal


February/March 2010

Edited by Masha Rumer


High rates of divorce and unemployment are the many causes that contribute to the high foreclosure rates in the past couple of years. Investing in real estate creatively in the Bay Area can help these domestic issues directly. As the peninsula is a large part of the state of California, in which the nation holds most of its state-government power, this is the most affected region for distressed people owing federal loans and dealing with mortgage payments nationally. In time, investing on these foreclosure properties will be an advantage to rebalance the nation’s economic structure whilst helping people across the country, and it all can start from the Bay Area.

While it’s risky to buy high-capital investments in these harsh economic times, it’s better for both private business entities and working individuals to invest in tangible assets rather than relying on the liquidity of paper assets for security reasons, instead of not taking an action at all. As we have seen the effects of the New Deal impulses for people to start spending once again during the Depression era, that cashflow circulated once again due to this very strong and rapid rebound. Economist Robert Reich studied that “there can be no recovery until we find an entirely new model of economic growth”, which just goes to show how uncertain we all are (Peck 44). Most foreclosure filings in the past couple of years came from California, and mostly it’s the Bay Area (California).

Sacramento County had individual filings of up to 4512 recorded in August 2008, whereas in the Santa Clara County had 2415, followed by the Alameda area and the Contra Costa estates. Despite its improved activity, California is still the second state in the nation with the highest rates and numbers of foreclosure filings this year after Nevada (US Foreclosure). With such bad news, it is any investor’s opportunity to step into the picture and make a deal, “…because inside of big problems lie huge financial opportunities,” writes Robert Kiyosaki, author of the best-selling books on personal financing, the Rich Dad, Poor Dad series.

With the Bay Area having the most filings, it’s best to start thereon. After attending the “Profits from Real Estate Investing” seminar on the weekend of February 12-14, 2010, a program held by Trump University, I’ve learned about the growing LLC companies within the state that has sought after other properties outside California after earning their profits from the first deal, meaning strategically, the investment will contribute for the predicted slow, long 8% growth in recovery after the 4% drop over the course of the recession (Ip, 40).

“The cost of entry is getting close to zero – now the little guys can build a business without the overhead. The best strategy is to get small and adaptable, strip things to a solid core and hire from the cloud of talent out there – then blow up life a puffer fish when you encounter a potential market,” says Michael S. Malone, author of The Future Arrived Yesterday: The Rise of Protean Corporation And What It Means for You. Rommel Gonzales started his first deal when he overheard the strategy real investors used for their condo-conversions investments, and re-made his own condo and strategically negotiate his way through up to a profitable $29,000 of equity (Gonzales). From finding the right power team for making his deal, Gonzales is building referrals at the same time, especially to the distressed ones who are currently unemployed, or by word-of-mouth, in a process of a divorce lawsuit.

Despite the relatively healthy marriages by holding certain individual attitudes towards marriage, be it because the Bay Area citizens are generally well-educated or because they are forced to stay together for maintaining financial stability, the scarring effects of unemployed men raising their families were reported to have become distant, even up to physical violence towards their families (Peck, 50). This might add to the ridiculous statistics of the international number one single-parent family nation (McCandless, 114, 115).

The Bay Area’s market was far weaker than experts initially thought during 2009, with more payroll jobs and positions lost without a period of stability for the last few months (Halstead). This is exactly an indication that real estate investors need to plunge right away while the job market is still not looking good.

Works Cited:

“California has nation’s 2nd largest foreclosure rate in August.” San Jose Business Journal. Web. 25 Feb. 2009.

“US foreclosure rates still impacting states like Nevada, Arizona, and Florida.” Web. 25 Feb. 2009.

Gonzales, Rommel. “Keep At It… The First Deal Is Always the Hardest.” Web. 2010.

Halstead, Richard. “Marin Loses Its State Crown As The County With Lowest Jobless Rate.” Contra Costa Times. Web. 3 Mar. 2010.

Ip, Greg. “Square-Root Reversal.” The Economist The World in 2010: 40-43. Print.

Kiyosaki, Robert. Cashflow Quadrant. New York: Warner Business Books, May 2000. 126. Print.

McCandless, David. The Visual Mischellaneum: A Colorful Guide to the World’s Most

Consequential Trivia. New York: HarperCollins, 2009. 114-115. Print.

Peck, Don. “How a New Jobless Era will Transform America.” The Atlantic March 2010: 42-56. Print.