Economic Recovery in a Pigs Eye
If you turn on your television, pick up your paper or listen to the radio you will see mixed headlines. One person says that the recession is over. The TV talking head says that the worst is yet to come. You listen to the politicians and depending upon which party you hear they are making the same types of predictions. Just which way is up?
The problem is as a person that has some money in your retirement account and maybe some savings waiting to figure out what you can do with the money? You can put it into the rollercoaster that is the stock market and panic everyday that you see what the market is doing. You can buy T-Bills or government bonds because they are safe, oh wait a minute what about the downgrade from Wall Street?
Right now what are you earning on your savings? Wherever it is I would say that unless you are a stock market genius you are not earning much if anything at all when you take into account inflation. What is a person to do?
I can tell you that for people like you there is always a way to make money. There are programs available where you can earn good rates of return on your capital no matter whether it is in your retirement account like an IRA, or just sitting in the back bedroom under the mattress.
We will sometimes use private capital that is a loan secured by real estate that for the right person could earn a rate of return that will allow you to retire the way that you want to. If you rely on social security you will be in trouble. The same can be true if you rely on your 401K that just a couple of years ago turned into a 201K. You need to look at all your options and consider putting your money into something that earns a better rate of return than most of its counterparts.
We always close with professionals and always purchase property under market value as well as where we can put in sweat equity to increase the value in this down market. We always ensure that you the investor is in a strong position.
Private investing with us allows you to take worry free, hands off approach to investing in real estate. Take a look at some of our case studies so you can see how private lending may work for you.
If you turn on your television, pick up your paper or listen to the radio you will see mixed headlines. One person says that the recession is over. The TV talking head says that the worst is yet to come. You listen to the politicians and depending upon which party you hear they are making the same types of predictions. Just which way is up?
The problem is as a person that has some money in your retirement account and maybe some savings waiting to figure out what you can do with the money? You can put it into the rollercoaster that is the stock market and panic everyday that you see what the market is doing. You can buy T-Bills or government bonds because they are safe, oh wait a minute what about the downgrade from Wall Street?
Right now what are you earning on your savings? Wherever it is I would say that unless you are a stock market genius you are not earning much if anything at all when you take into account inflation. What is a person to do?
I can tell you that for people like you there is always a way to make money. There are programs available where you can earn good rates of return on your capital no matter whether it is in your retirement account like an IRA, or just sitting in the back bedroom under the mattress.
We will sometimes use private capital that is a loan secured by real estate that for the right person could earn a rate of return that will allow you to retire the way that you want to. If you rely on social security you will be in trouble. The same can be true if you rely on your 401K that just a couple of years ago turned into a 201K. You need to look at all your options and consider putting your money into something that earns a better rate of return than most of its counterparts.
We always close with professionals and always purchase property under market value as well as where we can put in sweat equity to increase the value in this down market. We always ensure that you the investor is in a strong position.
How to get a good return on your money?
Private investing with us allows you to take worry free, hands off approach to investing in real estate. Take a look at some of our case studies so you can see how
private lending may work for you.
I have since gone to many different boot camps by many educators and each one said something similar. Others at least specified demographics as well as geographic areas. That helped somewhat, but really not enough. It was still a large area with nothing that was really helping me choose the best area to farm.
I dug in my heals and decided to do my home work. First based upon the type of investing I was doing I knew that I needed motivated sellers, someone who would sell me their house creatively. That narrowed it down somewhat. I knew that I wanted to be able to sell my house quickly once I was ready so I new that it would have to be in that sweet spot of price. I new that I would have to buy it for less that median price and so that helped me choose an area had a preponderance of houses in that price range.
I know that I didn’t want to do a major renovation so I knew that I wanted pretty neighborhoods with newer houses rather than a house that was 50 years old and badly outdated. I wanted people who were more inclined to me motivated to sell creatively so I decided to target people who were behind in payments or about to be behind. I knew that with the sub-prime meltdown the people who had mortgages that had adjustable rates were more likely to be in need of selling my house quickly.
