Learn How to Get High Rise Condo Bank REO Foreclosure Listings

Real estate agents: complete BPO's for major banks for thousands of dollars in commissions!

Don't have another sleepless night worrying about where your next deal is coming from. Let's face it - the real estate market (and the high rise market in particular) is tough. We've changed our focus over the past year and have every expectation to make 2010 our best ever?

Why? Because I've discovered the secret on how to get listings from major banks to help them dispose of their non-performing assets. Want to find out how to do this yourself? Here's the secret that's already working for me and our team >>>

Real Estate Investments for those in the Horse Racing Industry? Here's the Resource

Two days ago, we published www.HorseRacingLuxuryRealEstate.com on behalf of a colleague of ours named Allan Herman.

Allan's a big horseracing fan and has been specializing in luxury real estate in Las Vegas for quite some time now. The website allows him to combine two of his biggest passions: the horse racing industry and luxury real estate.

Besides what you'd normally expect to see at a typical real estate website, we've implemented a LIVE Broadcast capability where Allan will be hosting weekly live streaming video sessions talking about not only what's been going on in the horseracing industry, but what's new in the luxury real estate market as well.

These shows have the capability of being archived as well as customizible branding for advertising - basically turning an advertising expense into another revenue stream for the show host.

You don't have to be from Las Vegas to take advantage of the resources this website provides. Nor do you have to be a horse breeder, horse trainer, jockey, or horse owner for that matter... but it sure does help if you are!

Please stop by the site, take a look, and give us your feedback on what you think. If you'd like to add live broadcasting capability to your site, please visit www.VegasVideoMarketing.com for further details. Sign up for an account, then contact us at info@videoemailresults.com and we'll do all the work for you.

Text Message Marketing Provides Opportunity for Luxury Real Estate Agents

As many of you already know, awhile back I started a text message marketing company called Gotta Go Text (www.G2GText.com). In case you don't already realize it, the text marketing industry is growing exponentially every day, as is G2G. One only has to point to the success of the donation program to the victims of the Haiti earthquake devastation to see how text messaging is the next big new thing. (Text "HAITI" to 90999 to donate $10 to the Red Cross)

We'll... we've taken the text message concept to the Golf Course industry at www.G2GGolf.com with phenomenal success so far. If you would like to see it in action for yourself, just text "GOLF" on your cell phone to 69302 and you'll get an immediate indication.

So what does that mean to you, the real estate agent? We've also partnered with Never Search for golf in providing golfers with a fully customized golf trip planning software including links to nearby restaurants, driving ranges, courses, related sites of interest, and get this - LUXURY GOLF COURSE REAL ESTATE!

The Never Search Golf database is national and we've already been getting requests for information from golfers as to vacation homes at golf course destinations around the United States. My question to you seasoned real estate agents reading this blog post is this: Are you a luxury residential agent who can provide services to golfers looking to purchase real estate in your area?

If so, we'll provide you the lead from the contacts we get at www.G2GGolf.com in return for a 25% referral fee payable upon a closed deal. Interested? Contact me at ron@gottagotext.com and especially let me know the area of the US that you specialize in.

Las Vegas Project CityCenter Making News With Grand Opening This Week - But Many Questions Remain

Bet you're wondering why I don't update this blog very often any more, right? Well, the truth is there really isn't any good news arising from the Las Vegas high rise condo market these days. That's about to come to an end however now that MGM Grand's Project CityCenter will be opening its doors this week to a long awaited and skeptical crowd.

In fact, there's a very interesting article in yesterday's Las Vegas Review Journal that goes over City Center in great detail which anyone interested in the high rise market should read. For the most part, the article portrays a rosy future for this mega-project. However, myself (and a whole bunch of other readers - read the comments section at the end of the article for some REAL insights into this project) think there are big hurdles to scale before anyone can think CityCenter will be a success. Questions such as the following:

1) How's it going to pay for itself? How can they possibly get the ROI needed to keep this city within a city thriving? 8 BILLION dollars is a lot of money!

2) Who's going to play there? Certainly not the locals. Are there enough rich sultans in the world willing to visit, gamble, spend, eat, drink, etc. at CityCenter at the expense of Wynn and his casinos? I can see CityCenter packing them in for the first few months or so - and I myself can't wait to go and see it (and maybe even play a little $5 blackjack? - doubtful) - but after that when the luster's worn off, then what's going to happen? Ask the people over at the M Resort about that. That project was amazingly "successful" for the first few months. Now people leave that place faster than Tiger Woods drives his car out of his garage.

3) How will the condo portion of the project effect the market? Even while CityCenter slashed condo prices supposedly 30%, when you consider what's going on in the market, who'll buy them? Add the HOA fees and you probably have to be a partner in MGM somehow just to afford the payment plus mortgage. That is, if you can even get a mortgage! Since banks aren't lending on condos, pretty much any deal has to be all cash. Are there enough rich people overseas that will plunk down that kind of money for something they'll maybe visit twice a year?

4) Has anyone given any thought of the traffic nightmares this development presents on an already crowded intersection? Who's going to put themselves through all that on a consistent basis? Traffic and parking issues believe it or not are the single biggest predictor of whether or not a retail business survives. This is a serious point that everyone in the media seems to be overlooking.

5) Can bankruptcy be far behind? And if so, will MGM CEO Jim Murren still be considered the forward thinking poster child genious he's portrayed to be in another article regarding CityCenter published in the Las Vegas Sun? (read the comments on that story too!). Here's one of my pet peeves regarding the media: mixing news with promotion. According to the article, "Murren never doubted the success of CityCenter. It was right for the company, right for Las Vegas", spoken as if the project was already successful. It's not successful - yet. I'm from Vegas and plan on being here for years. I want this project to work, but let's hold judgment on whether it's a success or not until after it opens, okay?

And speaking of which, you may want to brave the traffic for just one night tomorrow (Tuesday, December 1st) when the Vdara opens its doors. Then go again on Thursday when the Crystals retail district opens within the development. The Mandarin Oriental is scheduled to open on Saturday. Shortly after that, the Aria hotel casino opens on December 16th, followed by the Veer Towers opening in January 2010.

I can't wait to see the development myself. I love the way it looks - CityCenter in my opinion is absolutely gorgeous! But like a traffic accident, it's more like it's drawing my interest and curiosity more than being a destination I'll consistently go to. Perhaps I'll be wrong about that, but I am looking forward to the openings. I have a feeling I'm a lot like the average person in that respect. You'll go to CityCenter once, check it all out, maybe play a few hands of blackjack or craps (with a $25 minimum), walk through the shopping areas (while not buying anything), order a $18 martini (just to say you had one), wait forever to get your car, and drive back home.

Then like Kaiser Soze, my guess is CityCenter will never see you again.

Text Message Marketing is the Future in Real Estate and Beyond

The ability to spot trends has always been a valuable asset in any real estate agent's arsenal. In fact, trendspotting serves most people well in just about any industry. Sometimes, you get that "ah ha!" moment when it finally hits you and you say to yourself "this could be big!".

That is exactly what happened to me when I first discovered the power of text message marketing months back. I saw it as a way to communicate instantly with potential clients in an environment with a 95% read rate. Think about it... who doesn't read their text messages? I've been successfully text message advertising since then.

But I wanted to create a brand that I could bring to the forefront of the market to allow others to easily use this technology as well. I've literally spent the last 5 months developing a text message platform for retail use, and this morning (9/9/09) at 9:09am, we launched the product at http://www.GottaGoText.com.

Hence, we're very proud to bring you the most sophisticated text message marketing system available today - AND making it affordable for small business use. (especially for real estate agents!)

No more empty "Take One" sheets at houses that are for sale. Instead, have a sign asking the potential buyer to text a certain keyword (HOUSE) to our shortcode (69302) for instant information on the house they're looking at. (Plus you help save the planet without the use of tradition paper that ends up somewhere on the street most of the time).

Now you've captured that prospect's contact info where you can alert them to your new listings, open houses, special deals, foreclosure opportunities, or just about anything you can imagine at a simple click of the button for immediate feedback. Gotta Go Text is browser based, so you can create, send, and manage your contacts and text messages from anywhere in the world at any time. I'm sure you can see how you can develop a strong contact database in a very short period of time by text message marketing with G2G.

In short, texting facilitates sales. And if you think it's all overwhelming, I'm here to help you out every step of the way regarding how to use the system, create keywords, manage your database, and send out messages.

For the time being, I'm offering a FREE trial of this product at our website at http://www.GottaGoText.com. I'm also looking for affiliates to help me bring this brand to the forefront of the industry. Signup for the trial, create an account and give it a test drive. Then, if you like it, the basic cost is $50/month along with 7 cents charge per outgoing text message. There are no contracts to sign and you can cancel without penalty at any time.

This is not just for real estate agents - bars, restaurants, promoters, churches, schools, musicians, etc... all can find a unique use for text message marketing.

Download the promotional flyer here - and remember: When you want to skyrocket your response rates and grow your business, ya Gotta Go Text!

Using G2G will show you EXACTLY how powerful mobile marketing really is!!!

Investment Real Estate Webinar Almost a Sell-Out - Learn How to Pay No Taxes for 2009

Disillusioned with the Las Vegas high rise condo market? Fed up with Las Vegas real estate in general? Looking for cash flowing real estate with tremendous tax benefits? I'm sure the answer to that question is a resounding yes!

Many of you who follow and/or subscribe to this blog know I've been a proponent of GO Zone investing since the IRS sponsored program came out in 2005. Our latest buying event was a huge success as the entire Tara Brooke development project just about sold out as a result.

Many of the buyers on the call will now Legally be Paying NO Federal Income Tax in 2009! If you missed it and you'd like to learn more about why GO Zone investing blows away anything Las Vegas ever had, you can listen to a recording of the conference call by clicking here. You can also reserve a unit on that webpage using the Discount Code: "COSTA"

Time is absolutely of the essence here, because in order to have the home completed by the end of the year to qualify for the GO-Zone tax benefits, you need to reserve right away. There is only a fleeing moment of time while this tax benefit still exists and then it will be gone forever.

There still are a few units left, so listen to the archived conference call and reserve your unit today

Jewelry hub won’t adorn Symphony Park soon

From today's Las Vegas Sun:

Plans to build a key world jewelry industry hub in downtown’s Symphony Park will take years longer than originally planned. At today’s Las Vegas City Council meeting, the city and the World Jewelry Center’s Beverly Hills-based developer are set to amend their agreement to give the center six more years to fulfill its original plans — including the option to scale them back.

If this project ever happens, what a much-needed boom this would be to Las Vegas in general, and downtown in particular.

Article on Las Vegas High Rise Condos Says It Best - Maybe

The Las Vegas Review Journal recently published an article regarding the status of the high rise condo market here in Las Vegas. You can read the article here.

I've heard all the jokes: What does the Las Vegas high rise market and Michael Jackson have in common? - they're both dead. And other jokes along those lines. What are your feelings regarding Las Vegas real estate today on August 4th, 2009? Is there any hope?

I was wondering if you could take time out of your day, read the article, then "Tweet" any comments you may have on my newly created Twitter account. What do you think is the future of this market? I'd be interested in your responses. Thanks!

Latest Economic Indices Not Painting a Rosy Picture

Here's the most recent data according to R. Keith Schwer of the The Center for Business and Economic Research regarding the Southern Nevada Index of Leading Economic Indicators:

The Index rose a modest 0.6 percent for June, essentially standing still on a month-to-month basis. The sharp decline of the past year or so has at least hit a pause, however. Visitor volume, down a modest 2.89 percent for the same month a year ago, contributed the most to the strength of the index. All in all, we may be starting to get around the corner. We remain cautiously optimistic that a turn up in the index is forming -- giving us some hope that a recovery may start in the next six months or so.

CBER Clark County Business-Activity Index:

The Business-Activity Index continues its downward trajectory, reversing last month’s one-time rise -- a one-month change that was only a desert mirage. The index offers a perspective of the stage of the business cycle we are in. In short, a recession is from peak to trough and a recovery from trough to peak. Taken as a whole, we have strong evidence that the recession we are in continues.

CBER Clark County Tourism Index:

The Tourism Index improved for the third month in a row, though up a modest 0.79 percent over last month. The rise in visitor volume explains this strength. Aggressive advertising of value opportunities seems to be working. To be sure, this improvement is modest and has yet to gain enough momentum to curtail the recession, but clearly this is a glimmer of hope for better things to come.

CBER Clark County Construction Index:

The roller-coaster decline in construction that started from 2006 has pushed the
index below the values when the index starts in 1995. The index shows a one-month rise of 2.17 percent. Still, the index is near and all-time low. Moreover, the prospects for improvement remain weak. We lost about 15,000 construction jobs over the past year. With excess residential, commercial, and industrial space, further contraction seems inevitable at this time.

Are you on Twitter? Follow Me!

I finally gave in - after months (and literally MONTHS) of everyone I know trying to get me to put a presence on Twitter, I finally caved in and did it. Here's my Twitter page:

http://www.twitter.com/highriser

In the short time I've been online with this, I have to admit I am totally addicted to it. It's great - and it's skyrocketed my video and text business to the point where I'm so mad at myself for not doing this sooner.

Granted, you have to work at it. You have to post valuable info (called "tweets") so people will be more inclined to "follow you". The viral marketing concept that you can create with this platform is mind-boggling.

So take it from me. Get on Twitter today and start Tweeting. If Shaquille O'Neal can do it, so can you. And it's actually kind of fun as well.