Richard

Screen Name: richsuth

richsuth
Points: 59
Los Altos, California
UNITED STATES
OFFLINE
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My Details
Activity Level: Part-Time
Investing Since: 1975
Reason on REI: Investor Networking
Tools & Resources
Other Website: www.fdirep.com/youfirst
Member Since: 02/01/2008
Last Login: 09/02/2009
Looking For
people who would like to have at least $500,000 at retirement, without any change in life style or cash flow.
About Me
     I am a 68-year old U.S. Army veteran and real estate investor.  I graduated from Whittier College following 4 years of army service in 1965, and then got graduate degrees from USC and Harvard before getting my J.D. degree from Harvard Law in 1973.  I no longer practice law.  My goal now is to cruise in overdrive.  My book on how average Americans have doomed themselves has just been published:  None Dare Call It Reason; How the Average American Has Hanged Himself.
My Business

     Let's face it, the rules of the game have changed.  No one knows when, or in what markets, real estate will rebound.  At my age, I have little tolerance for risk.  So, I'm buying life insurance policies from those with terminal illnesses.  There is no diminution in dollar value (as with real estate and stocks), the investments are safe, the return is much, much better than average, and it receives very favorable income tax treatment.  Is such a thing possible?  Is it too good to be true?  In point of fact, it is too good to ignore.  It works.  Contact me.  I'll give you the info.

My Contacts
richsuth has 20 contacts

Colin
frscontact
cory
countryboy336
Newhouse Equity
mtodd
gregsreal
Jeff_Tumbarello
Ryan Ely
cashinginvestor07
timandlisa1208
djfelip
My Comments
From: richsuth
02/24/2009

Anfisa, clearly, very clearly, the rules of the game have changed.  Real estate is in distress.  Loans are difficult to come by.  The economy is in the toilet.  However, for the past nine years (in addition to real estate), I have been investing in life insurance policies, buying policies from those who have terminal illnesses.  This is an investment that does not have exposure to diminution in value (as with real estate or stocks), has a greater-than-average return, and has remarkably favorable income tax treatment.  Because of the situation, I have put my real estate activities on hold.

No one knows when the real estate market will turn around, or to what extent.  Same can be said for the stock market.  It is a new day with a whole new set of parameters.
richsuth

From: The Money Finders, LLC
06/03/2008
Thanks for sharing your company information. The services you offer are of great value to the community and I wish you nothing but the best in your pursuits. Take a look at www.learnapartmentfinancing.com, where we are assisting investors, realtors, mortgage brokers and commercial property owners with never told information regarding commercial financing and commercial property investing. You won't be sorry you did. Lastly, we offer Commercial Consulting Services, such as, Loan Packaging and Underwriting Services for those with current projects to present to their lender for approval. We also offer Lender Referral Services where we will introduce you our lenders for loan submission. Our Lender Placement Service will also place your loan with one of our lenders, if you so desire.
The Money Finders, LLC

From: bewealthy
02/16/2008

You can find all my quotes on my profile if you scroll down and look under the title "Inspirational /Life Changing Quotes.

Enjoy


bewealthy
Ambassador
From: bewealthy
02/16/2008
Welcome to our group, You will find great valuable information on this site so make sure to take advantage of them and implement them into your life and business. If you are a beginner I suggest reading some of my blogs on how and where to start your real estate journey and what to look for. If you are advanced make sure you share your experiences in the forums or on your profile. I also have a weekly inspirational and life changing quote that will enlighten your day and can be of great use in your business. I also write a blog on each of these quotes explaining my own experiences or ways you can use it towards your real estate business and in life. Other than that, welcome again and visit my profile weekly. Livy
bewealthy
Ambassador
From: bac524
02/05/2008
Thanks for adding me. Please feel free to send me a message if I can be of any assistant to you. Please visit my Blogs and pics and leave a grade if you don't mind
bac524
Ambassador
From: cory
02/04/2008
Thanks for referring me to this site Richard!
cory

From: JohnBoy
02/01/2008
Welcome to the REI community.  Whether you are new to investing or an old pro, there is something useful for everyone here.  So jump in and get involved.  Glad you're here.
JohnBoy
Ambassador
From: Matt Miller - Content Director
02/01/2008

Richard,

Welcome to our investor community!

I wound up in Texas due to the wife not wanting to move up to Ohio. lol.

Let me know if there's anything I can do to help you out business wise.

-MNM
Matt Miller - Content Director
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