David Parker
Broker/OwnerGoliath Commercial Real EstatePO BOX 12920, Prescott, AZ 86304
Endorsements:
Designations & Certifications:
Locations Served: Prescott (AZ)Prescott Valley (AZ)Chino Valley (AZ)Dewey (AZ)Sedona (AZ)
Give yourself the Best Chance to Obtain the Best Return on your Investment! I started in Real estate in the 1980's when interest rates were on the reise and finally ended up at 22%. Inflation was runing at 10 to 12% and buyers were putting no money down and betting on the inflation taking care of their investment. This went well until about 1988 when everything stopped and while the walls did not come tumbling down, many of the investments did. Leverage was the name of the game at that time and was touted as the only way to invest. Use OPM (Other People's Money) and you will receive the highest return possible. Buy a property for $100,000 and in one year it will be worth $110,000. In five years it will be worth $150,000(using simple math) and with the no money down your return will be like infinity! Tha game worked for a short time but when the bottom fell out many investors and Savings and Loan companies were scrambling. But they couldn't scramble fast enough and many closed up shop as they found they could not afford to pay the debt. Real Estate is always going to go up and down in this capitalist society. Those who either guess correctly or are conservative in their investments are the ones who benefit in the long run. In addition to real estate I have enjoyed traveling, not only in the US but abroad as well. In 2002 I was able to go with a group, The People to People Ambassadors, to Cuba for two weeks. I also find time to volunteer in my community in between scuba diving
David Parker is a highly experienced and knowledgeable real estate professional, who works diligently for his clients and cares about their satisfaction. When I was a real estate acquisition manager for Lowe's I was faced with the daunting challenge of finding a location suitable for a Lowe's home improvement store in Prescott, AZ. This fete wpould not have been accomplished without David's keen knowledge of the Prescott market, his ability to think outside the box, and understanding of how the local government functions. Whereas most people thought the site he presented to me was undevelopable, David envisioned a Lowe's store. Although David's vision was filled with a few years of negotiations and perserverance, a Lowe's store was eventually built and successfully operated on the property. I highly recommend David to anybody seeking a real estate professional in Prescott AZ. Adam S Weinberg, Chief, Real Esate Services, County of San Diego
- David Parker