As you may have already gathered from Mike's last newsletter, our trip to France was a smashing investing success and a great deal of fun to boot. However, when we booked our first France trip many Rogue Real Estate Investors expressed interest in going but could not make the trip due to schedule conflicts.

If this describes you, I have two answers:

First, as we have described in previous newsletters, we are pooling investors together to buy undervalued French real estate in bulk. Our first properties, located in Banyuls sur Mer, consist of five ocean view apartments. Here is a link for more information on the Banyuls properties: http://www.rogueinvestor.com/Banyuls/Banyuls.pdf. We will be conducting a teleconference about these properties Wednesday June 28 at 8:30 p.m. Central time. If you are interested, you will need to contact us at 913-381-4520 so we can sign you up for the teleconference.

Second, if you want to return to France with us in September and participate in some of the amazing real estate deals we have found in this area, we will be returning to beautiful southern France, along the Mediterranean, in September 2006 for a second real estate investing trip. Should you decide to go with us, here is your itinerary:

Saturday September 9 - Leave from your home en route to Barcelona, Spain.

Sunday September 10 - Arrive in Barcelona. If you live on the East Coast you may be able to leave early Sunday morning and still arrive in Barcelona the same day. When you arrive at the airport we will travel together to the NH Hotel in Barcelona where we will be staying for the night.

Monday September 11 - Meet at the lobby at 9:00 AM and have breakfast at the hotel. The continental breakfast at the NH Hotel is fabulous. After breakfast we will drive across the northeast tip of Spain into southwestern France. Once we reach France we will drive you into wine country along the Mediterranean Coast. The views are spectacular and we will stop for lunch in Port Vendres at one of my favorite restaurants situated directly on the Mediterranean Sea. As we work our way along the coast we will visit some properties in the coastal towns of Cerbere and Banyuls Sur Mer (translated into English, "Vineyard by the Sea"). By late afternoon we will reach our hotel, the Mer Del Sol, a hotel situated on the Mediterranean Sea in Saint Cyprien, France.

Tuesday September 12 - Meet for breakfast at the hotel at 9:00 AM. After breakfast we will spend the rest of the day visiting properties in Canet and Saint Cyprien, two of the most beautiful and undervalued coastal areas we have discovered.

Wednesday September 13 - Again meet for breakfast at the hotel in the morning and then visit properties in Elne, a quaint French town where real estate is poised to explode in value once the TGV (high speed bullet train) is completed in 2009.

Thursday September 14 - Head to Narbonne, France to visit some beautiful preconstruction investing opportunities. Narbonne is known as the city of canals. In addition to visiting properties, you will be allowed time for some shopping in the thriving market area.

Friday September 15 - Enjoy a huge outdoor market right outside of your hotel room for a few hours. Afterwards, we will head back to Barcelona where we will stop at the famous Salvador Dali museum in Figueres, Spain. I guarantee you will not forget this museum. Salvador Dali literally built his collection into the museum and it is one of my most favorite places in Spain. On Friday night we will stay at the NH Hotel.

Saturday September 16 - The real estate investing trip is over, but if you want to stay longer you are free to make any plans you wish.

If you are interested in signing up for this trip please act quickly. We can only accommodate up to seven people and two of the slots are already filled.

Here is the link for more information about the France Real Estate Investing Trip:

http://www.rogueinvestor.com/european_real_estate.html

Happy investing,

Bryan Rundell