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This morning at the health club, I ran into one of my long time friends, and I asked him if what I read in the newspaper was true. The paper reported that the bank where he is chairman was sold to a much larger institution. He confirmed that it's true, and needless to say, a bunch of his cash is going to be made available to him in the near future. I asked him what he planned to do with some of that cash, and he told me he was planning to get into the short-sale game and start finding houses that he could buy, fix, and flip — or hold – depending on the circumstances.

More on Should You Try It Alone Or Join a Vulture Fund?

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Real Estate syndication is by far the most profitable aspect of the real estate industry. The reason is that it encompasses all the other areas including brokerage, lending, ownership, management and more. Each month, I host two Q&A teleconferences to help experienced people in the real estate business attain success in syndication. And with every call, I find there are two groups of people. There are those who are properly organized and ready to get started on the right path to real estate syndication. And then there are those who are having trouble getting out of their own way.

More on Where is Your Horse – In Front of or Behind the Cart?

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It is with mixed emotions that I share with you that my longtime colleague, business partner, and friend, Matt Zembruski, is moving on to pursue other goals and dreams for his business career. Matt has been the general manager of Growth-Logic, Inc, also known as Bullseye Capital, for the last six years and his contribution has been immeasurable I am happy for Matt, but consider it a loss because Matt has brainstormed with me; Matt has organized with me; and Matt has helped to lead our company into many of the wonderful programs that have helped so many people over the years.

More on Thank you and farewell to Matt Zembruski

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