I just completed a telephone interview with Bill Valentine. In case you don't know Bill, he is a money manager and owner of Valentine Ventures in Bend, OR. Bill's clientele are investors with an investable net worth of $500,000 or larger. ( A special thank you to Chris Starling with Arbor Mortgage Group in Bend for referring my information to Bill.)
Bill was very interested in the mechanics of how my Partners in Profits program and the Perfect Tenant program works to fill the void in today's home ownership and investing market. The interview will air this Sunday, during the noon to 1:00 pm segment on station KXL 750 in the Portland area. Bill's program, "The Rich Life with Bill Valentine" is aired every Sunday from 11:00 am to 1:00 pm, and is heard on 10 radio stations throughout the state of Oregon. He also archives the show for future listening.
I hope you get the opportunity to listen to the program, not only this Sunday but on an ongoing basis. Here is a link to his website:
http://www.valentineventures.com/rich.htm
Thanks for listening.
Wednesday, February 10, 2010
Tuesday, February 9, 2010
Indy Mac sweet deal at your expense
I just watched a short video and thought you might like to see this. It illustrates what our government is doing with our money, specifically regarding the mortgage industry. Do you wonder why mortgage modifications seem to be so tough and rarely get approved?
The FDIC has a special arrangement with One West Bank. One West Bank purchased the mortgage assests of IndyMac Bank back in 2008. They purchased these at 70% of the loan amount. They have a "arrangement" with the FDIC on how they reduce their risk in the event of default. In case you werent' aware, One West Bank is owned by a VP with Goldman Saks Bank and George Soros among others.
This video will make blood shoot out of your eyes:
http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1385485
Forward this to everyone you can think of. Let me know what you think.
Cody
The FDIC has a special arrangement with One West Bank. One West Bank purchased the mortgage assests of IndyMac Bank back in 2008. They purchased these at 70% of the loan amount. They have a "arrangement" with the FDIC on how they reduce their risk in the event of default. In case you werent' aware, One West Bank is owned by a VP with Goldman Saks Bank and George Soros among others.
This video will make blood shoot out of your eyes:
http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1385485
Forward this to everyone you can think of. Let me know what you think.
Cody
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