For investors, real estate is priceless. The endless streams of income* makes it priceless. Creating equity^ out of properties that do not have equity, makes it priceless. The endless opportunities(#) makes it priceless. The ways we are educated(!) and on-going education makes it priceless.
* If you buy right and treat it as a business and manage it correctly, the income stream will always be there. Buy and hold properties - our tenants pay the debt. A smart investor does not buy and hold without monthly cash flow. Why would he/she? Investors buy at the right price to ensure this. They also protect themselves with a cash producing business or hefty reserves.
^ Creating equity through a short sale is possible on every transaction you work that qualifies as a short sale. Does it happen on all of them? No? Does the right education by successful people help increase the opportunity for more closings? YES.
Even if the market was very good in the eyes of those who are not familiar with what we do, there are always opportunities for short sales. Why? People still lose their jobs, go through divorce, and have a death in the family. We assist those in this situation. We are business people making a living as well.
(#) Opportunity is around all the time. It is endless. An investor may work on and close a short sale and possibly work on the same deal years later as another short sale, rehab, or purchase it as a rental. It is an endless stream of opportunity for investors.
Investors also may buy commercial, invest their money into a deal, or work a myriad of strategies that are possible to generate more and more opportunities. It is truly endless. Investors are making their money work hard for them instead of working hard for it.
(!) Education is key to your success as an investor. However it's not just education, but WHO is teaching you is even more important. The proper education and practitioner will mitigate your fear and increase your success.
--- We buy wholesale. This increases the ability for positive cash flow. However, there are some deals out there close to retail price that will produce cash flow.
My friend purchased a home on The Investor Concierge (A Nouveau Riche Community Benefit) for $235,000. It was worth $260,000. He has a monthly cash flow of $595.00 dollars. ***In this market!*** How is this possible you ask? The home was located in an area that had a housing shortage and is 80 miles away from an area where they found natural gas resources. Housing is in demand and he purchased a gem!
Opportunities are out there!
Tony
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