What’s a safe investment today?
Things are fast and furious out there. Too-low interest rates and loose lending policies fueled the factories of finance with boundless energy. The banks produced billion-dollar derivative instruments and sold them to hedge funds. Hedge funds produced more and sold them to banks. Generally, no capital was required to back these promises.
Now the roosters have come home to roose.
Does this scare you?
If you get frightened off now and give up on real estate, you are making a bigger mistake than buying at the top of the market. Remember the old adage, “Buy on bad news- sell on good news”.
We are setting ourselves up for the best opportunity you will see in your lifetime. I make a prediction that you can make enough money in the next 5 years to retire. You have to stay on top of things and make sure you get up to date info.
Even though houses are still scary unless you can get them really cheap, multi-family projects are looking better and better. There have been very few of these units built lately -especially at the lower end so the demand will always outstrip the supply.
You have been asking forever for an expert on muti- family properties. I found one!!
Dave Lindahl is the expert who teaches about small income properties for Ron Legrand, Robin Thompson and others. If they respect his knowledge and experience in this area, that’s good enough for me. This is an area with not as much competition as single family homes or large apt buildings.
Buying small income properties is a great way to get started in real estate. Its easier to have a positive cash flow. It’s also a great way to lower your living costs if you live in one unit and rent out the others.
Since it is so hard to qualify, many more people have to rent. In the last number of years, it has been hard to find quality renters. Now you can be choosy about to whom you rent .
Do you have to have big bucks for multi-family? Not necessarily. On Feb 16th, we have invited Dave Lindahl to show us the ins and outs of getting into apartments without a lot of money. You never have to have the money. All you need is access to it. Just find the deal and MANY people will fight to be your partner or the assignee.
I don’t know anyone more qualified than Dave to teach us. Make sure you don’t miss out on this all day information packed workshop.
Click here for more info.