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Rick Wheat...
Actually Born
Into the Real Estate Business.
His father was formerly a Real Estate Attorney and the Director of Corporate
Real Estate for a Fortune 100 company, who bought, built and sold houses in
his spare time before Rick was born. Rick got involved with working on
houses at a very early age, and for many years he spent his after school
hours and summer days working on houses and commercial construction jobs.
Upon entering college, Rick
began to focus more on business. He graduated in 1980 with a Bachelor of
Science in Business from the University of Tennessee. In 1981, Rick moved
to Jacksonville Beach, Florida, to begin a position as a Project Manager
for a construction firm. For the next few years he built single family homes
while attending the University of North Florida in the evenings. In 1983, he
received his Bachelor of Technology degree in Construction, with a minor in
Real Estate. He later returned to the University as an Adjunct Professor in
the Construction Department.
In 1985, Rick became a Certified
Residential Contractor, and two years later, upgraded his license to that of a
Certified General Contractor. In 1986, he became a Licensed Real Estate
Salesman, and in 1988, he earned his Broker's designation. A few years later,
he acquired his Mortgage Broker's license.
Over the course of his career,
Rick has managed the construction of over 200 single family homes, with values
ranging into the millions of dollars. He has also completed numerous commercial
and remodeling projects, including but not limited to Retail Shops, Restaurants,
Dental and Medical Facilities, Office Buildings, Warehouses, and others. His
activities as a Real Estate Broker/Associate encompassed Marketing, Sales,
Leasing and Property Management. As a Mortgage Broker, he primarily specialized
on Private Lender funding, originating numerous Investor loans. All of his
licenses are currently inactive, since Rick now concentrates on acting as a
principal in every transaction he's involved with.
In 1993, Rick began purchasing his
own Investment properties, and he joined a local Real Estate Investment
Association in order to learn more about that particular aspect of the business.
His various areas of expertise were quickly recognized, and he was elected to
their Board of Directors, where he remained for five years, one of them as
Vice-President.
RWC Properties, Inc., a Florida
for-profit corporation, was founded in 1995, to acquire Investment properties
for their own account. At one time the Company bought or sold an average of
2 - 4 properties per month. Most of these properties were resold to owner/
occupants, but a few were held as long-term rental properties. Since its
origination, the company has bought or sold nearly 200 homes in the
Jacksonville, Florida area.
Shortly after starting RWC
Properties, a nationally recognized Real Estate Investment training company
offered Rick a position as Consultant. In that capacity, he initially
managed their "Real Estate Hotline" department, a service for customers to
call in to discuss practically any question or type of Real Estate transaction.
He later was enlisted by
the firm to instruct Workshops, Seminars and Advanced Multi-day Training
events on a wide variety of subjects across the U.S., Canada, and the Caribbean.
Since that time, Rick has spoken before tens of thousands of participants at
hundreds of events. Some of the topics he's discussed include:
- Wholesaling/Retailing of "Ugly" Houses;
- Creative Financing and Lease/Options;
- Commercial Properties;
- Land Development;
- Business Management;
- Business & Entity Structuring ;
- Negotiating;
- Marketing;
- Notes, Mortgages and Paper transactions;
- Private Lending;
- Property Management;
- Tax Strategies;
- Foreclosures;
Since getting started in the
Real Estate Investment business in 1993, Rick has had the pleasure of working
with and learning from most of the biggest names in the business, many of whom
are household names to anyone involved in Real Estate Investing. Some of those
include:
- Ron LeGrand - World's best at "Quick Turning" houses;
- Robert Allen - One of the originators of "Nothing Down"
and "Multiple Streams of Income" strategies;
- Dan Kennedy - Top notch Marketing GURU;
- Jeff Kaller - "Mr. Pre-foreclosure";
- Kris Kirschner - Creator of "Selling Your Houses on Auto-pilot" system;
- J. Scott Shields - One of the Nation's leading authorities on Commercial properties;
- Robyn Thompson - The "Queen of Rehabs";
- Kathy Kennebrook - The "Marketing Magic Lady";
- Barney Zick - Member of Creative Real Estate Hall of Fame;
- Shawn Casey - One of America's foremost Asset Protection Attorneys;
- Ernie Kessler - Top Foreclosure Instructor;
- Bob Leonetti - Nationally recognized Mortgage & Note expert;
- George Yeiter - Tax Strategy & Business Planning authority;
- Al Lowery, Richard Powelson, Louis Brown, and others.
In February of 2005, Rick and his
company were retained by a national Real Estate Investment firm to review,
analyze, negotiate, entitle, and market numerous Commercial Projects submitted for
potential Joint Ventures from all across the U.S. and Canada. Since that time,
he has personally reviewed over 2,600 Commercial Project submittals, several of
which are now being developed or completed.
Palm Valley Consulting, LLC, is a
Florida limited liability corporation Rick formed in 2006 to provide consultation
to both companies and individuals on a wide variety of Real Estate Investing
matters. Drawing from their vast experiences, he and a team of industry experts
presented a live training Workshop to provide the attendees with a thorough,
detailed analysis of the various aspects involved in reviewing and sorting through
Commercial Real Estate Investment prospects.
From that training workshop came an
audio presentation and manual which was turned into a home-study course designed
to provide easy-to-understand instruction for analyzing both Raw Land as well as
Improved properties. That course, which has enabled thousands of Investors learn
the "ins and outs" of getting started into the Commercial Real Estate Investment
business, is called...
"Prescreening For Profits"
How to Prescreen Commercial Leads at Lightning
Speed.
For more information on the course
mentioned above, click on the above link. To inquire on the availability of
consultation, contact Rick at the number listed below.
Palm Valley Consulting, LLC
3948 S. Third St.
Suite 325
Jacksonville Beach, FL 32250
(904) 334-8638 Phone
(904) 280-4399 Fax
RWheat@PalmValleyConsulting.com
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