Well, if Dino Rossi doesn’t end up running for the U.S. Senate, don’t assume it’s because he’s afraid of losing to three-term incumbent Sen. Patty Murray. It may just be that he’s too busy profiting off of the misfortune of others:
Ex-state Sen. Dino Rossi (R), a possible NRSC recruit to take on Sen. Patty Murray (D-WA), can’t catch a break these days. The latest: He’s a featured guest next week at an event teaching real estate investors how they can profit off of foreclosures.
An invitation for the May 25 event hosted by Steven Marshall, a partner in the Homeowner Conference, begins thusly: “With the current financial and real estate meltdown an opportunity has been created like never before in history.” So Rossi, touted both as the ’08 GOV nominee and principal of Coast Equity Partners, and a panel of other investors are teaming up for a dinner at the Bellevue Maggiano’s to teach real estate investors some tricks about the market.
Among the tips you’ll learn from Rossi and friends: “How to consistently earn over a 50% ROI per year buying and selling foreclosures.”
Yup, while most of us are just struggling to pay our mortgages and keep our homes, Rossi is leading a seminar on how to get rich quick off the foreclosure crisis. Can’t get much more populist than that.
Perhaps this is one of the reasons why the Washington Association of Realtors endorsed Sen. Murray?