Real Estate Opportunities - Marc Stephen Garrison
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Marc Stephen Garrison is a real estate investor of the seventies. He has authored around twenty books on real estate. Important among them are Unlimited Real Estate Profits; How to sell your home in 90 days; and Financially Free, which is incidentally his first book. He founded National Association of Real Estate Investors in 1985. Marc is different from other real estate gurus as he predicts real estate prices through economic trends. He names this economic cycle as ‘Garrison Cycle’.
Although Marc Stephen Garrison’s prediction that economic cycles determine real estate trends is common sense, he further compounds his theory by predicting specific regions for increase in real estate prices. His book - The Fifth Migration deals with this concept. He identifies major regions of population shifts, which is movement of population from a particular region to another. The main reason behind is shift of corporate American population from posh areas to less costlier ones.
Marc Stephen Garrison’s company, National Association of Real Estate Investors (NAREI) conducts buying tours to visit prospective cheap real estate areas. Besides, it also markets a twenty-volume video course-Creating Wealth and Building a Financial Fortress for $500 to its Inner Circle members. Other NAREI members also provide you with free advice. Marc himself conducts buying tours for $8,000. After studying the population figures and conducting various researches on specific regions, Marc arrives at best city for real estate development. Thereafter he applies ‘Garrison Cycle’ to predict suitable time to enter and exit market.
However, Marc Stephen Garrison’s buying tours are unsuccessful. He does not provide research information to his tour members. Besides, his real estate locations are not satisfactory and do not match criteria of tour members. He is never personally available during such tours, although he claims to be on every such buying tour. Further, his claims of having helped over eight hundred people become millionaires through such tours seem to be just a gimmick. The tour is a waste of time for prospective real estate investors. There are however, few successful stories about acquiring satisfactory real estate deals through Marc’s buying tours. Some believers and followers of Garrison policies have found good and profitable real estates with sufficient help from members of buying tours.
Marc Stephen Garrison’s theory of migration gives out false signals that all real estate investments in inexpensive regions will yield high profits. This is not a fact since some areas like Oklahoma City offer real estate opportunities once in a decade or two. Investing in such areas will only yield losses.
Stephen Garrison’s book - Unlimited Real Estate Profit guides you through systematic plans for best investments in real estate. It identifies key estates for maximum profits. It is an essential reference book for real estate investors. Financially free lists numerous real estate properties though not in alphabetical order.
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