Off the plans Real Estate buyers (flippers) are feeling the pain in a cooling real estate market, but which could be a great opportunity for professional investors, according to self-made millionare Robert Kiyosaki.

In a Yahoo Finance article titled How to Profit From a Cooling Real Estate Market, Robert Kiyosaki claims that a bad real estate market could be a blessing for the true professionals, not the speculators, as long as you are patient and exercise some discipline.

He also has a good nickname for bad real estate investment, alligoators! That is: investment properties that you have to feed money to every month are fondly known as alligators -- if you can't afford to feed the property every month, it eats you.

One bad market he mentioned is the San Diego Condo market: an estimated over 12,000 new units are coming on line, and the market, at the best of times, can only absorb about 1,000 condominiums a year, which means that 12 years of supply will be ready for market in the next year. Ouch!

His advice for real estate investors? The market is cooling down, sellers are a little bit more humble. You have more time and can do your due diligence carefully. You can negotiate better terms and make a better deal, especially if the seller has his leg inside an alligator's jaws.