Article soon to Be Released

"In just the last three weeks I have received calls and or visits by wealthy real estate investors from Australia, Switzerland, Portugal, London and the Middle East stating to me and I quote, 'AMERICA IS ON SALE!' These individuals are aggressively seeking to buy up as much of America as they can in the current pull-back, with one group wanting to purchase 200 million dollars in the USA", says Cardone in a recent interview.

Over the last eighteen years, real estate developer and motivational speaker Grant Cardone has been able to accurately predict real estate markets. While others are trying to sell their properties he has just recently acquired almost eighty million dollars worth of assets in California alone. This included shopping centers, apartments and an oceanfront La Jolla Development.

Mr. Cardone has a proven record of great timing starting in the early 1990's when he bought 500 apartments in southern California at which time no one was buying and the banks were so gun shy after the savings and loan bailout that it was difficult to get a loan. "When the banks are reluctant is when you should be buying, and when they are giving money away, you should be reluctant", says Cardone. His good timing doesn't appear to be a fluke as he avoided the recent severe pullback in California by selling 90% of his portfolio in 2004 and purchased almost 2000 apts in Tucson, Az in a short three-day period after only one visit! "I am a contrarian investor and we move very fast! The masses go to slaughter so we avoid the actions that become wildly popular and then insure that we and our investors avoid the slaughters."

As of April 2007, Cardone sold his Tucson portfolio and against mass agreement circled back to purchase Southern California while others were avoiding it.

"America is a bargain today and the Americans can not see it. American builders, investors and lenders are all looking in the rear view mirror rather than toward the future and the values of tomorrow. They were either hurt by the recent pull back and are now gun-shy or their cash is tied up in deals they can't get out of or lastly, they have lost their banking relationships and are not able to make new acquisitions. Investors from outside the country see this as their opportunity to purchase American real estate. I had one investor state to me, "American Real Estate is a bargain for us!"

Cardone says, "Those with the courage to purchase now will take advantage of three things that will insure their investments work: 1) the devaluation of the dollar alone will make for as much as a 25% return once the dollar shows any comeback. 2) the significant downward pressure on the real estate values is making for excellent buying opportunities and guys outside the States are able to see it better than Americans. 3) The biggest reason, and the one that is being disregarded by even the most sophisticated real estate people is; due to the amount of negativity and the lack of liquidity in the market there will be restrictions of the creation of new product (inventory) built in the coming years. This will create an under-supply of product that will reveal itself in 2011-2012 in markets where there are barriers to entry. Real estate investors will rewarded with phenomenal upward pricing on existing commercial products like apartments and shopping centers."

Cardone stays focused on a handful of property types and criteria, buying only incredible locations with time horizons of 3-5 years and properties that have some value-ad component. A perfect example was his recent purchase of the world renown Wind and Sea Beach Location in La Jolla, Ca. "I bought this in April and was shocked why local San Diego investors hadn't scooped up this incredible one of a kind location."

Mr. Cardone's positive, forward-looking attitude can't be hurt by that fact that he is an international motivational speaker and Sales Guru long before ever getting involved in real estate. For twenty years he has traveled the globe teaching others how to make the most of their careers. He is also the author of "Selling the Secret to Success", which is being released on April 12th at a book release party at his home in Los Angeles where over four hundred very connected and well to do people, including CEO's, Real Estate Developers, Celebrities, and even Royalty will be in attendance.

Cardone says in his book, "windshields are six feet wide and rear view mirrors are six inches wide and there is a reason why. Opportunities come from the future not from the past."

See Cardone' article on "ITS AMERICA" If what he is saying is true, will America be bought by the Middle East oil money or the Aussies? Either way it appears that Mr. Cardone plans on owning as much of America as he can before that happens!

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