Doug Mitchell

CEO, Grace Realty Group
In 1978 I bought a book on how to invest in rental real estate. Shortly thereafter I bought my first apartment building (16 units) and went on to buy and sell over 2,300 additional units. I formed Grace Realty Group to invest in value-added redevelopment commercial real estate. I also created The Grace Fund LLC, a $20 million mortgage fund, to finance Grace Realty Group's projects, which has grown to a network of over 200 investors. Of course, new investors are always welcome.

Published Content:

"How to" Published:  02/26/2009
How To Invest Wisely In Real Estate In The Worst Of Times   
Every market has its cycles. The adage, "buy when everyone is selling and sell when everyone is buying" certainly makes sense but it takes steady nerves to follow that sage advise because it runs against the herd instinct. The current US real estate market cycle is at or near the bottom and there are bargains everywhere. It'll be time to sell when everyone jumps on the bandwagon to buy at the cycle's peak. Watching the cycles as they move up and down will help a savvy investor know when it's the right time to make a move. It's how fortunes are made.
Opportunity Published:  02/11/2009
Grace Realty Group Finishes Shopping Center Buildout