All in the Family

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The Democratic Party is the first to blast the Republicans about “Good Old Boy” practices & mentality.  Look at this crookery:

Source: http://www.snopes.com/politics/business/blum.asp

All In The Family

The US has entered into a contract with a real estate firm to sell 56 buildings that currently house U.S.

Post Offices. The government has decided it no longer needs these buildings, many of which are located

on prime land in towns and cities across the country.

 

The sale of these properties will fetch billions of dollars and a handsome 6% commission to the company

handling the sales. That company belongs to a man named Richard Blum. Who is Richard Blum you ask? 

Why the husband of Senator Dianne Feinstein, that’s who. What a bunch of crooks we have running this country!

Senator Feinstein and her husband, Richard Blum, stand to make a fortune. His firm, C.R. I., is the sole real estate company offering these properties for sale. Of course, C.R.I. will be making a 6% commission on the sale of each

and every one of these postal properties.

 

All of these properties that are being sold are all fully paid for. They were purchased with U.S. taxpayers’ dollars,

and they are allowed free and clear by the U.S.P.S. The only cost to keep them is the cost to actually keep the

doors open and the heat and lights on. The United States Postal Service doesn’t even have to pay property taxes

on these subject properties. Would you sell your house just because you couldn’t afford to pay the electric bill?

Well, the Post Office is.

 

How does a powerful U.S. Senator from San Francisco manage to get away with such a sweet deal?

A powerful United States Senator’s husband is standing by, all ready to make millions from a U.S. taxpayer

funded enterprise.

 

No one in the mainstream media is even raising an eyebrow over his 6% commission on the sale of hundreds

of millions of dollars’ worth of quasi-public assets.

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Shadow Inventory Continued

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I generated a couple of responses over the weekend and article and some commentary on RealtorMag.Realtor.com.

Read my Responses on RealtorOfMiami.com.

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Christopher Lazaro, MBA – International Realtor of Miami

 

Search for Miami Real Estate on my website!  http://www.Real-Estate-of-Miami.com/

 

Opportunities in the Dominican Republic & Colombia

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My brokerage is representing a number of great opportunities for investors in the Dominican Republic and in Colombia.  Amongst our inventory are Sugarcane Land & Plantations, Permanent & Vacation Residences, and Residential & Commercial Acquisition & Development Opportunities.  Contact me for additional details!

IBD Writes: Job Recession is Bad, But 5 Year Slump in Wages is Worse

In a nutshell, compared to any other time in Post World War 2 History, this is the longest “Wage Recession” yet.  There are a number of factors that contribute to this phenomenon, some of which are cited in the article (Friday March 1st’s Edition of Investors Business Daily, front page).

In the past, Wage Recovery preceded job recovery.  In THIS economy, however, this is not the case.

One of the biggest reasons for this is the shift from “quality” jobs ie: Financial Services, Information Technology, Construction, Manufacturing…you know..those jobs which require Math and Science, something the United States has been falling behind in relative to the rest of the world for decades, to service jobs in Retail, Restaurants/Food Services and Employment Services; which typically pay less and require less skills.  I cannot help myself…I have to say it…our current regime obviously favors the idea of other nations besting us in the output of highly skilled professionals whose professions are rooted in math & science; but damn it if anyone in the world can cook a better burger! 

Further, most of these “jobs” are only part time; credit for this is given to the ingenious “ObamaCare” act which has essentially pushed companies into changing their business models to revolve around a heck of a lot more part time work (for those not in the know, Corporations can avoid the stiff 3,000 USD penalty per worker by keeping employees hours under 30 hours per week…how they could not predict that businesses would adapt to their insanity I do not know..but as I stated in my column, today in fact, on RealtorOfMiami.wordpress.com, Common Sense is not that common.  The number of part time workers today nearly doubles the number of part time workers in 2007.  This trend WILL continue as corporations continue to ready themselves for the coming, ObamaCare induced, insanity.  With all respect though, there is some genius in it.  They are not only spreading the wealth; they enacted a law that will spread the available job hours around.  Why have one full time job that pays medical benefits for one when you can have two part time jobs that don’t provide medical to anyone and you can stick the medical costs to the tax payer?  I do not condone this thinking.  Socially I am a Liberal; Fiscally, I am a Conservative.  Obama needs an education on basic economics because the system(s) he proposes have never worked, anywhere, at any time in past history.

I wrote an article relating to this one on my other blog, http://www.RealtorOfMiami.com.  The inflation we have seen over the past 5 years exceeds wage growth.  This means that every man & woman who is working is getting progressively poorer and even with zero debt will eventually (and I know several people who this has already happened to) have to take a step backwards in terms of Standard of Living just to continue making ends meet.  This in of itself will continue to create a wider gap between the Haves and Have Nots.  This is not the American Dream; it is slow implementation of another form of Slavery.

Have a great weekend 🙂

Cheers,

Christopher Lazaro

Latest on my RealtorOfMiami Blog: Unbelievable Incompetence at Best, Criminal at Worst and Dishonorable Regardless

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http://realtorofmiami.wordpress.com/2013/03/05/unbelievable-incompetence-at-best-criminal-at-worst-and-dishonorable-regardless/

I have several other articles drafted and will be publishing them soon. Thank you for reading 🙂

Response to article: Defining 21st Century Real Estate

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On the wonderful website On Purpose Magazine, I just replied to a response by a Keller Williams Realty Associate (but I have no way to truly confirm that they are indeed working for Keller Williams) and it seemed more promotion; but also the person indicated that, in a nut shell “all we do is real estate”; and I believe the antiquated models of the Old World of Real Estate are becoming increasingly difficult to survive in.  I published this response:

We are more of a boutique brokerage than Keller Williams and as such have expanded our interests to finding sources and buyers of hard/physical commodities such as Iron Ore, Sugar, Gold, Silver & Oil. We have repeatedly come across the opportunities while working with investors seeking to sell/acquire large commercial real estate assets.

We also have no problem brokering legitimate business opportunities and joint ventures regardless of whether they are real estate related. We are more than simply real estate agents; we are trusted business consultants with decades of expertise in banking & finance, information technology, commodities, and energy as well as residential & commercial real estate.

The global nature of the market place has shown us new avenues for growth both personally and commercially speaking and in our view we can provide our clientele a greater scope of opportunities and possibilities by having this flexibility.

It was for this reason that our group came together to form Metro International Realty (and the DBA, Metro International Investments). Our transition to the new company/venture from TM Realty Associates. Inc is nearly complete and we are very happy that our fearless leader & commercial broker, Mark Moldoff, a 42 year veteran of real estate development and brokerage opted to partner with us and continue leading the group :)

Cheers,
Christopher Lazaro

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Response to WSJ Writes: Housing, its becoming a seller’s market

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Response to WSJ Writes: Housing, its becoming a seller’s market

Months? I live in Miami and it has been a Seller’s market for more than a year. The real turning point here occurred in mid-2011 as the supply of attractive assets at distressed prices dried up. I still have “Buyers” approaching me asking for 30 and 50 cent on the dollar deals for waterfront, east of US1 property.

Instead I have been focusing on another area since the distressed market has become so saturated and competitive. For quite some time now I have been looking for Institutional Buyers; I have a wealth of Class A 5-7% CAP Rate properties, where I AM DIRECT to the Seller, from 20-560 Million USD. Please contact me if you are such a person; and I do NOT work with Broker Chains. Please be a Qualified Buyer or Direct to a Qualified Buyer.

I also broker for a large company that both produces & acquires huge quantities of physical commodities. If you are a Qualified Buyer/Trader OR a mine/plantation owner/operator/supplier, or are a Broker who is direct to a supplier of Iron Ore, Oil, Sugar, Copper, Gold, or Silver, please contact me.

Phone: 1-800-798-9192 Ext: 333
International: 1-305-517-3086
Fax: 1-305-521-8995