NEGATIVE CASH FLOW ON REAL ESTATE INVESTMENT IN SOUTHERN CALIFORNIA MAKES INVESTORS LOOK ELSEWHERE

Los Angeles, CA. September 24th, 2004 – Real estate investment seminars in Los Angeles this Friday, October 7th and Saturday, October 8th will advise potential real estate investors about three US cities offering positive cash flow. Friday's seminar will take place at the Torrance Marriott at 7pm, while Saturday's will be held at 9 a.m. at the Hotel Bel Air. Both seminars are designed to help California home owners maximize their equity and make it work for them.

Seminar sponsor, Anthony Marguleas of Amalfi Estates in Los Angeles, says, "Home owners and property investors in California know that there is little they can do with their equity in terms of making their investment grow in this state. If you buy something as an investment here, it could be many years before the income from the property will even meet the mortgage payments, let alone provide any income. However, there are three great cities in the US where property values mean that investment now will produce a positive cash flow from the start. These cities are Austin, TX, Portland, OR, and Raleigh, NC.

"We have gathered together leading real estate experts from each of these cities to explain the advantages of purchasing property in each city, demonstrate the investment vs. the returns, discuss financing and taxation options. The seminar is a fantastic opportunity for local homeowners to make the most of their equity and help their nest egg grow."

The three speakers at the investment seminar will be:

Peter Sajovich of RE/MAX Austin Advantage in Austin, TX (www.homesofaustin.com)
Rob Levy of Prudential Northwest Properties in Portland, OR (Portland's Realtor(R) of the Year, 2002) (www.roblevy.com)
Tim Burrell of Prudential Carolinas Realty in Raleigh, NC (www.timburrell.com)

Austin is one of the fastest growing cities in the country and generally offers yields of 12-15% on a range of real estate invesmtents. Portland, OR is considered the 'bargain basement' of the west coast, and employment growth is the second fastest in the nation.

Raleigh, NC regularly appears in the Top 10 US Cities list as a desirable place to live for quality of life, education, etc. Property prices in all three cities are very low compared to southern California, but appreciating steadily.

The Torrance seminar takes place on Friday, October 7th at 7pm at the Torrance Marriott, 3635 Fashion Way, Torrance, CA 90503. To book, contact the seminar sponsor, Laurie Hughes of RE-MAX South Bay Home Team, tel: 310 377 4702.
The Bel Air seminar takes place on Saturday, October 8th at 9 a.m. at the Bel Air Hotel, 11461 Sunset Blvd, Los Angeles, CA 90049. To book, please contact Anthony Marguleas at Amalfi Estates, tel: 310 573 4245 x100, or email: anthony@a03.c85.myftpupload.com

Anthony Marguleas is the owner of Amalfi Estates. He has sold $100 million worth of real estate and is an expert on real estate sales, contracts, negotiation, and technology. The company has been in existence since 1995 and has Los Angeles offices covering the west side and the San Fernando Valley.

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