Guest: Shawn Scarlata, Vernon Vaughan, Reggie Pasteur
Air Date: December 30th  2006 at 9:00 AM

The Kings of Commercial Riches

Tune in to hear how three seasonal real estate investors are making their mark on the commercial property market, bringing in the profits by using successful systems of buying, upgrading, managing and selling when the time is right.

Shawn Scarlata launched his investing career with his partner in 2004, and has been buying, holding and selling in and around the Washington DC area. 18 real estate transactions later, Scarlata has acquired a sizeable portfolio of residential and commercial properties including a 30 unit property in the Missouri market with a projected value of $1.3m. Scarlata's commercial ventures include retail, office and warehouse space. He attributes his success largely to building a team of reliable and trusted professionals around him from contractors, attorneys and realtors.

 Vernon Vaughan started his real estate investment career in 2003, after two years of reading and studying anything and everything he could get his hands on. He started with lease options, graduated to rehabs and eventually mastered wholesaling. After firing his boss in 2004, Vaughan is now involved in condo conversions, multi-family rentals and land development. He is also helping others get to financial freedom through a mentorship program.

Reggie Pasteur specializes in multi-units and setting up business systems for investors to follow and increase their profits. Pasteur also mentors and teaches others how to invest in multi-unit properties.