Hi friends and clients,

Well we got through 2011 and things are doing better in some respects than I would have thought.  I guess I should be more positive out there.  What I cannot understand is that if you have money to invest, there are actually banks that advertise for Certificates of Deposit.  Currently I checked with one promient local bank.  Their best rate was for a 5 year CD for 1,72% annual yield.  ARE YOU KIDDING????  Do people actually still invest in this stuff?  How about bonds?  So I looked up Treasury Bonds cause we all know how well the government is doing.  Guess what?  5 year .85.  And I cannot sell a mobile home park that yields 6 to 7% backed by depressed real estate values.  Go figure.  People are sitting on their hands in the real estate market that only comes along every 50 years or so.

It is true that money is hard to come by, but if you have some now you can clean up.  This kind of market makes people filthy rich.  If you have plenty of money and you would like to leverage it into the next decade, or if you know someone who fits that, have them give me a call or send me an email off this site.  I like using craigsiphers@exitrealtybv.com.

Craig