Sunday, August 29, 2010
Todays Economy Creates Opportunity
There are many people that are very concerned with today's economy, and for good reason. We really don't know where we are heading. We can look at history though, and get a great idea where it will land.
This economy could be your way to financial freedom. Real estate is very inexpensive right now and people are wondering if it's going to get cheaper? Have you ever heard of people that say,"Wow, I wish I would've.... or, "If only I had....."?" Don't be one of them.
The homes I'm recommending in this economy cost less than a car in most cases, with cash flow that is unbelievable! I have a group of investors out of California that have recognized this. We are closing a deal next week ( 3 duplexes and a SFH) that will cash flow $3500 to $4,000 a month net, with a 25%-29% return on investment.
I own 28 similar properties myself that create a great cash flow. My company takes average people and helps them become successful in this economy. We can get excellent income properties in great neighborhoods that really produce big money.
Another client continues to net $600+ each month, and has done so for over a year on their SFH investment. The total repair cost during that time was less than $500 dollars. This home was purchased through our service in a another great neighborhood.
Yet another client bought 6 properties within a couple of months. He makes over $3600 per month in net cash flow. Wow, that money goes right back into his IRA with a much greater return than he would earn in the stock market. He also gets to control his assets and doesn't have anyone named Bernie running his portfolio.
Rooftop Profit Max has gross rental receipts of over $60,000 a month on the properties we manage for our investors. That is over $720,000 in rent per year. Plus these properties give our clients a massive amount of equity.
One other thing I want to mention on this economy... The Rockefeller's weren't scared of an economy like this. They purchased a lot of real estate and made their fortune. That fortune still exists today and they are growing that fortune now, in this economy.
You may be running for the hills, too scared to make a move. But remember, the richest people in this great country invested in real estate when everyone else sat on the sidelines. So, when you are looking at your situation, consider the great real estate opportunities this economy offers. You may not become another Rockefeller, but you can secure your own financial future by buying investment property today. Brett Young ~ Valley Realty
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