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Permanent Wealth News Monthly – February 2011

by Chad A. Doty (CEO | Co-founder)

37th Parallel Properties
Permanent Wealth News
A monthly newsletter from 37th Parallel Properties on developing permanent wealth through real estate investing, tax strategy, and financial intelligence Volume 3
Issue No.2
february 2011

 

Punxsutawney Phil and the Real Estate Investing Lifestyle
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I have a love/hate relationship with this time of year.  On one hand, it’s always motivating to look forward to a new year and all the specific plans and results that I want to achieve for my business and my family. On the other hand, I just simply don’t like the cold unless I’m skiing.You see, living in Virginia we are blessed with 4 full seasons.  I only love three of them, though.  Spring, Summer and Fall in Virginia are amazing.

As we move into February though, with clients in 6 different US Time Zones and a growing international investor community, it’s always fun for me to hear and think about how nice the weather is in some other location this time of year (thank you Hawaii clients).  It’s motivating, in that I know, based on the decisions we’ve made and will make in the future, that my family can live or travel wherever we want…whenever we want.

The same can be said for you, as well.

By focusing on proven real estate investments in stable markets and with a conservative income-based strategy, you will build permanent wealth.

It really is that simple.

And, as you build permanent wealth – the kind that increases in value every year with ever increasing cash flows – you too can live in whatever season you want, whenever you want.

With a stabilizing economy, strong demand, Arbors at Bastrop (88 units) and Sweetbriar Apartments (78 units) closing in 45 days and another 343 units under review, 2011 is going to be a busy year for 37th Parallel and a highly profitable year for our clients.

So, get your travel plans set for someplace warm next winter.  And, I’m very happy to hear that Punxsutawney Phil predicted an early Spring!

Enjoy the February issue of the Permanent Wealth News and thank you for being part of our client family.

Chad Doty (Co-Founder | Principal)

image of Chad Doty Co-founder of 37th Parallel Properties

How to develop permanent wealth on autopilot
Developing Permanent Wealthis a key part of the 37th Parallel Properties investment philosophy and approach.It is a slightly different concept than just net worth and it is worth understanding the difference.

Your net worth is purely a function of your assets minus your liabilities and is basically your personal balance sheet. This metric – net worth – has been the de facto standard for understanding someone’s financial health for centuries.

When it comes to understanding your true financial health however, it is flawed.

To learn more about developing permanent wealth on autopilot click HERE.

Multifamily Partner Program Texas Trip
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By all accounts, the first onsite training for the Multifamily Partner Program (MPP) was a resounding success.The 2 day onsite training consisted of:

  • Super Bowl Party on Sunday night
  • Full-day training on commercial investing ecosystem, all aspects of deal analysis (market, neighborhood, site, property, and financials)
  • Full day of apartment reviews at 4 different apartment complexes from 80 to 134 units.  This included exterior walkthroughs as well as unit inspection best practices.
  • Invaluable networking with successful like-minded investors

100% of the group would recommend the partnering program to any active or passive real estate investor that wants to improve their real estate investment results.

The next MPP Group is forming now.  CLICK HERE to learn more.

Client Testimonial #47
“As a Realtor for the past 15 years, and an active investor for 5, I could not ask for more from the partners at 37th Parallel. Their systems are thorough and well presented, the analysis is complete, and the support is fantastic. 37th Parallel has shown me how to improve what I already knew, and has educated me on the things I didn’t. It is a pleasure to work with people who consistently deliver what they promise, and I look forward to a long and prosperous relationship.”- Blake Harnick (Sammamish, Washington)
Send Us Your Stories
We love hearing how our investors are benefiting from our training, investments and counseling, and their financial freedom. Send us your stories and testimonials to info@37parallel.com.
Inspiration
“Let us love winter, for it is the spring of genius.”–Pietro Aretino
In this issue

founder letter
increasing wealth on autopilot
Multifamily partner program update
Testimonials/Inspiration
Recent News
New Educational Articles, Market News, and More…
New MPP Group Forming Now
Attend the LIVE WEBINAR on March 1, 2011Membership is selective and limited and next group will be starting in March 2011.

Whether you are passive investor, interested in partnering or want to build your own real estate investment company, the Multifamily Partner Program is the greatest wealth accelerator we have developed.  LEARN MORE.

100% of the MPP Group 1 members recommend the program.

New Article: “Hotel Industry Recovery Sparks Investment Opportunities”
The U.S. hotel industry has emerged from one of the worst downturns in history, and we believe the lodging sector is entering a strong cyclical recovery as demand growth accelerates.Read more about how hotels are becoming an increasingly attractive asset class for institutional real estate investors.
NEW ARTICLE: “Commercial Real Estate Makes Clear Shift Into Recovery Mode. Will Sales Double in 2011?”
Blockbuster transaction volume in December 2010 helped to push U.S. commercial real estate sales to $115 billion for 2010, up 109% from $54.6 billion in 2009, but only the apartment market has made a clear shift into recovery mode.Read more about how apartment investments may be the smartest move this year.
NEW ARTICLE: “Real Estate Investing Lifestyle: Dave Krampetz and Ed Barriskill go Abalone Diving”
Real Estate Investing gives you the freedom to enjoy the lifestyle you’ve always wanted. See how Dave and Ed spent their free time diving for abalone.
NEW ARTICLE: “37th Parallel and Cincy Area Properties Team up to give back during Christmas”
It’s important for us to give back to our communities, so this holiday season we teamed up with Jesse Brewer, owner of Cincy Area Properties, to bring Christmas to families in our Cincinnati area properties. Read how the Cincinnati Inquirer picked up the story.
2011 Office Hours
It is our pleasure to partner with you in 2011 and help you achieve your real estate investment goals.Our 2011 office hours are  Monday through Friday from 8:00 AM to 4:00 PM Eastern Time.

(P) 888.837.3720 (toll free)
(P) 804.915.7013
(F) 866.715.1215

info@37parallel.com
www.37parallel.com
www.facebook.com/37parallel

To schedule an appointment with any member of the 37th Parallel Team, please contact Barb Grzella at the office 804.915.7013 or via Email.

SUBSCRIBE TO THE PERMANENT WEALTH NEWSLETTER

 

 

Real Estate Investment Results
Our business is serving the investment, education, and consulting needs of beginning, sophisticated and high net worth real estate investors. We pride ourselves on our personalized approach, investment property expertise and proven performance history.Request a risk-free, no-obligation consultation and receive a copy of our latest Investment Property Outlook by clicking below.

==> Complimentary Portfolio Consultation Request.

 

 

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