Getting Your Retail Real Estate in Shape

Retail has been a battered sector of late.  It was bad enough that the internet migrated lots of shoppers out of malls and into cyberspace, but then we had to go and have a financial crisis.  When it rains it pours.

Of course, with every crisis comes an opportunity.  And as we’ve been saying for months, when the going gets tough, the tough get creative.

The Wall Street Journal recently published an article about how health clubs have become the beneficiary of and the a savior to a tough retail real estate market.  The lesson is that when the market changes, you have to think outside the box.

If you’re facing challenges with any of your properties, then get around the most creative people you know and brainstorm about solutions.  It may seem obvious, but sometimes we get stuck on a problem and just try thinking harder.  Sometimes it’s more important to think differently.

Albert Einstein (we heard he was a pretty smart fellow) said:

“You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew.”

How true!

And if you need a little inspiration, click here to listen to our podcast Creative Solutions to Today’s Property Problems.  Then use our Feedback page to tell us about your problem and creative solution.  Who knows?  Maybe you’ll end up as an inspiration for another investor somewhere down the road!

 

The REAL Book of Real Estate by Robert Kiyosaki and Friends

The REAL Book of Real Estate

by Robert Kiyosaki and 22 Contributing Co-Authors

He’s back.

Robert Kiyosaki, author of Rich Dad Poor Dad, one of the best selling books in history, is back talking about real estate!  Why now?  He says the rules have changed and the numbers make sense again.

In The REAL Book of Real Estate, Kiyosaki compiles real estate investing wisdom from 22 veteran experts.  The Real Estate Guys had a chance to talk personally with Mr. K. about this book and the unusual timing of its release.  You would think that a book on real estate investing would be a hard sell in this post meltdown world.  And it is.

But the book was released now to help investors who’ve only known boom times.  It shares the knowledge and perspectives of veterans who’ve survived and thrived through previous real estate market cycles (which is lesson #1:  real estate cycles, it doesn’t disappear).   If real estate isn’t “over”, then the question remains: where are the opportunities and how can I find or create them?  That’s what this book addresses.  It might be a bad time to sell a book on real estate investing, but that might make it a great time to pick up bargain properties.  This book will teach you many of the things you need to know.

What we like best about it is that it’s immensely readable.  It isn’t a book about theory.  It’s very real world practical.  And you can start anywhere, as each author’s work is a stand alone discussion about their particular area of expertise.  It’s as much a reference manual as an educational work.

We like it.   We’ve been around real estate for awhile and we learned a lot.  We think you will too.

Order your copy today – and be sure to visit the archives to listen to The Real Estate Guys’ exclusive interviews with Robert Kiyosaki and many of his contributing co-authors.  Let us know what you think!