Opportunities from the foreclosure crisis

The foreclosure crisis is not all about bad news. There is some good news for some people. Just tonight I was at the Roosevelt Hotel in New York City, at a seminar given by Donald Trump about foreclosures. It seems that if you have the finances, this is a good time to pick up some great deals in real estate for "pennies on the dollar."

I know for a lot of people, this is actually depressing news - those people who are being foreclosed. But there are other opportunities as well. It's not all gloom and doom for everyone. If you are one of those people who is fortunate enough to have the means, by all means, think about investing in real estate right now.