Cash Cows: The Complete Guide to Commercial, Apartment, & Residential Income Properties & The HIdden World of Extreme Profit Investing

Named among the top 25 commercial real estate brokers in the U.S. during his 8 years with the nations largest commercial brokerage firm (now CBRE - CB Richard Ellis) out of 1200 agents, Scott began his commercial real estate career in 1976. He has been involved in brokering real estate transactions involving every type of commercial income property: office buildings, shopping centers, apartments, medical buildings, industrial properties, and both full and limited service hotels. He spent one of his 7 years with CBRE (then Coldwell Banker Commercial Real Estate) as vice president and regional director of apartment property marketing and was responsible for the training and activity of apartment investment brokers in Houston, Dallas, Miami-Ft Lauderdale, Atlanta, & Chicago. In 1985, during the Houston oil down turn, Scott founded his own firm, Tonges-McKelvy, The firm was devoted to commercial and apartment property management. It grew from 2 persons to 100 employees between 1985 thru 1990. The firm managed 554, 507 SF of commercial properties and 1,867 units of apartments in 5 cities - Austin, Houston, Las Vegas, Dallas & San Francisco. Their clients included Texas Commerce Bank, Connecticut Mutual Life Insurance Co, Apple Bank for Savings (New York). In addition to management, the firm oversaw development of a Burger King and a Savings & Loan building for CB Institutional Fund and Friendswood Savings, respectively. He has exclusively represented many private investors and institutional investors in commercial transactions including the commercial real estate investment divisions of Deutsche Bank, Imperial Bank Canada, & Merrill Lynch-Hubbard. He served as regional director of acquisitions for R & B, a private ＄1 billion real estate firm. He has been involved in transactions across the country. He & his wife, Betty, have been licensed private pilots for 19 years . He graduated from Trinity University (San Antonio, TX) with a B.S. degree in physics. He was an engineer with NASA & the Jet Propulsion Lab during the Apollo 11 mission that put the first men on the moon. Today, Scott is involved in private and partnership investments in apartment & commercial properties, writing on real estate subjects, and producing investor & broker training courses.