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Welcome: Brad Inman

Page history last edited by RealEstateCafe 11 years, 4 months ago

150 Speakers

New companies, new OLD companies

 

Golden Gate Bridge

746 feet high

International Orange

$34M to build

$1.2B in today's dollars in the Depression

 

1.8B cars have passed the Golden Gate bridge

 

80,000 miles of wiring

Only four years to build

 

They used the wisdom of crowds

 

Estimated at $100M to build

Joseph Strauss: submitted bid for $17M

Poet, dreamer,

 

Greek scholar, Mathematician (fired by worked for 6 straight years for free!)

Irving Morrell, residential architect

Designed bridge towers, lighting, international orange

The deflection theory

 

Money man

1928 Legislature set aside money for the bridge

$30M in bonds

His commitment

Big men, doing big things

 

Situation now is equally challenging

Typical of innovations, struggle

Legal challenges

 

Public boycotted ferries, railroads withdrew legal challenge

 

Half-way to Hell Club

19 Men fell off bridge into safety nets

 

Like all innovation, whether we like it or not, there is a DARK SIDE

 

Some come here to cross-over

It happens all the time

 

People giving up hope

The Bridge

 

The #1 place in the World for Suicide

2nd most iconic thing in the world beside the Eiffel Tower

 

Innovation comes with the Dark Side

Have to continue to innovate

Consequences are very, very real

 

Take a picture of who you are, search the internet, know who you are

Have to admit them

Do not stop innovating

Constantly innovate

 

Put a bridge across the Gate

 

End with a poem Mr. Strauss wrote

The mighty task is done

 

Not Dark Side

But moral imperative, moral courage

Where is moral leadership in industry

Issue not Dark Side:

But upside down:

 

Ask them who stood alone while

 


 

Where is the real estate market?

 

Stimulate old truck

Trying all kinds of things

Tax credit worked, now not working

 

Double Dip? Are we going down again?

Statistic looked like we're recovering

 

On a horizontal plain right now

Tremendous amount of money on the sidelines

 

Where are we?

To surprise, answers were 7 on 1 to 10

 

Reaction

 

Sales transactions are down dramatically

 

Best case and worst case

5 to 5.5M in existing home sales

Still have an abundance of vacant homes

 

Should I invest somewhere outside the USA?

 

Anyone in this room who will be around in 20 years will view this time as one of the

1.84Trillion in Cash in Corporate America

425M in buyout firms

 

When that happens there will be job growth, when that happens, housing will rebound

Could be 2 or 3 more years

 

Tremendous buying opportunities, which is why I am back in the market

 


Next speaker:  How to make a Splash in Social Media

http://bit.ly/SplashRE 

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