Experts Ponder Real Estate Price Spike In 2008/2009 - Should You Invest Or Wait?
January 13, 2008
Some experts expect the real estate market to rebound in 2008-2009 and others aren't quite so sure. With such a diverse spectrum of opinion on how the housing market is likely to shape-up over the coming year many investors are riding the fence, unwilling to make a move. That's unfortunate, because proven investing systems do exist for just such an uncertain market environment. This article will give you a taste of one such system.
Fifty Year Record Appreciation Rates Are Over
Frankly, it really didn't take a whole lot of knowledge to make money in real estate over the past few years. As long as you bought in a decent neighborhood and the property wasn't a total wreck you were virtually assured a tidy profit when you sold a year or two later. And therein lies the rub — because property values were rising at historical, 50-year record rates, almost anybody with a little luck could make a killing in real estate. Those days are over and they probably won't be back for another fifty years!
You Can Make Huge Profits In Today's Market With The Right System
That said, in no way does this mean that real estate isn't still one of the best investments in the world. After all, investors were making millions in real estate long before the historical run-up in the market and those who know what they are doing will continue to do so even as the market goes through a period of retrenching and normalization. Now is a great time to invest if you have a proven system!
While appreciation based systems worked over the past few years, "cash-flow" systems are what will take you to the land of real estate profits in the coming years. Your goal should be to find nice (but not extravagant) single family properties, in decent neighborhoods, in communities where the outlook is solid in terms of jobs, infrastructure, etc.
Why A "Rent-to-Own" Investment Model Might Be The Way To Go
What if there were a proven, safe, hassle-free way to invest in real estate that virtually eliminated the risks and hassles of landlording, provided a valuable service that had tenants with "cash" flocking to your properties, and ensured you a healthy return on your investment - would you be interested? If you haven't considered a rent-to-own approach to investing you might want to check it out, especially given today's market environment.
Some of the benefits of this approach include:
- Turn inexpensive houses into virtual money-machines that consistently churn out returns of over 400%.
- Transform a small nest-egg into several hundred thousand dollars of equity in as little as 24-48 months.
- Generate large up-front payments from your tenants that you can use to purchase more properties
- Negotiate leases where your tenants willingly accept the majority of responsibility for upkeep and repairs.
- Build competition among prospective tenants and have them clamoring to pay you above market rents.
- Sidestep the risks and hassles of landlording and put your investing on autopilot.
If any of this sounds too good to be true, I can assure you that it is not. As a popular author and real estate trainer I can tell you that I have personally bought and sold property using this lucrative, virtually foolproof method and I have taught countless others to do the same!
With prices softening and sellers more willing to negotiate their prices, now really is a great time to invest in real estate if you have a proven system that fits with today's market conditions. Now is the time to familiarize yourself with rent-to-own investing techniques - if you do, your success as a real estate investor in the coming years will be as close to a sure thing as is possible.
John Michailidis is a recognized business consultant, attorney, success coach, and author of the WealthLoopTM Series of books and training materials for aspiring entrepreneurs and investors. Please use the contact form to get in touch with him regarding personal coaching and business consulting. Download the FREE, 40-page, .pdf "Wealth Creation Manual."
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