Real Estate Health

It was actually our own fault.

We are still fine tuning the new servers and we had a process that ran a muck.  Three times. Before we figured it out and corrected it.

So, there were times over the last 36 hours that it looked like we were under a DOS attack and until we figured out what was really happening we reacted as if it were.

Not to divulge too many details but it seems to be all better now.

The last few months have been an interesting ride.

It started almost a year ago when Joe Phelps suggested we open the Real Estate Field Guide to a wider audience. I had always been content with having what the members referred to as “the internet’s best keep investing secrets.” It’s not that I wanted to be exclusive but the site was not created to capture a place in the sun. It was created to facilitate shared learning and experiences. Most people “found” us because existing members referred them to us. That was fine with me.

But, Joe made some convincing arguments and one thing led to another. Eventually, Joe Phelps joined REITactics and served as our Operations Director until this past Monday June 18, 2007. It was an amicable split and Joe remains a good friend. I helped him get the position he has now with a non-public Real Estate Investment Trust and he has indicated his desire to remain active as a member at REITactics. http://reitactics.com/PressRelease/JoePhelpsDeparture

But, we have grow too fragmented, too scattered. We were trying to do too many things and weren’t doing them all that well I might add.

Therefore, effective immediately, we are returning to our core. REITactics is and will remain the public facing site for people to find and interact with us and we will have one exclusive members only site - the Real Estate Field Guide. All current premium memberships will be converted to Field Guide memberships.

Many of the learning materials from the old field guide will be returning to this new incarnation and we have fixed the capacity issues. When Joe started reorganizing the old site he set up a new exclusive site for the really hard core members of the old field guide. I will not force them, but I hope most if not all of them will participate on both sites. We will facilitate single sign ons for them at all sites.

The new Real Estate Field Guide will be better than ever and the current pricing will not increase even though substantial increases in material and features are forthcoming.

The part I am most excited about is I am bringing back the deal dissections. This is an invaluable tool for the person who is willing have a deal gone over with a very fine toothed comb. Whether it is one they succeeded or failed with there is always something to be learned and this process is designed to pick it apart and get every morsel of knowledge from the deals details. It is not for the faint of heart because no holds are barred in the examination. If they were, it wouldn’t be effective. There will be more coming about this in the near future.

So, to the current and former members, we got it wrong and will make it right.

To anyone considering buying either of the premium packages, the deal just got much better!

http://www.nydailynews.com/news/2007/05/19/2007-05-19_apartment_at_plaza_goes_for_a_big_sum_50.html <sarcasm>Yep, the panic is setting in. </sarcasm>

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