Sunday, June 27, 2010

Opening your investor mind


Some investors think that if a investment property is not in their
backyard then they cannot buy it. Nothing could be further from the
truth this united states has many opportunities elsewhere.

Is it better to make less on investments in your own backyard? When
you invest don't you want to make the best bang for your buck?

We (www.rooftopprofitmax.com) have many investors that buy homes and
multi-plexs out of their areas. In fact most have never seen their
investment real estate, they just like the results. Great equity and
cash flow.

The greatest thing they understand is systems with a larger group can
help them maximize their profit and protection. A company that
watches their investments 24/7. They also get used to the great
checks they receive from their investments.

When your looking at being a real estate investor keep your options
and minds open. Look at other areas and make sure you have a great
team to work with. Check put their resumes and verify what they have
done.

Opening your mind to new areas can make you big bucks later. Just
check out your team and make sure they know what their doing. Brett
Young

Sunday, June 20, 2010

Making a Difference


I enjoy making people money. That is my job after all. Getting the
system that works well in place took me a lot of time.

I started Rooftoprofitmax.com 5 years ago. My first objective was to
find affordable real estate with high returns on cash flow. My next
objective was to get a great equity position. I also put my 20 years
in the business to good use.

I first went to a small town in Ohio and purchased 7 properties. As I
was doing that other investors wanted to get involved. So I offered a
plan that they also could purchase in the same small town I had
purchased in.

My company also set up private property management and construction along the
way. The system worked great and we saw great returns. I copied that
formula in 2 more mid size cities.

All was doing ok but I found out quickly that the choose of help in
those size cities was not plentiful.

Got a call from a friend fron New York, that told me of a larger city
that he though would be a grest place for my system.

I started buying in the city very quickly with my system. I had a
larger quanity of homes, contractors, and set my own property
management up. My system believes that everything is private for me
and my clients. After all when you need something it happens a lot
quicker with private companies that can take care of it quickly.

This system has exploded my company and We have grown to over $50,000
a month in rents and created over $2.5 million in equity. This is on
homed that cost as little as $20,000 rehabbed.

My clients invest with ease and with my private systems they are
assured of the best prices,equity positions and cash flow.

Making a difference for people and their real estate investments is a lifelong
commitment that my system can help insure them of. They can also ce
assured that we have an investment that fits their budget. Brett Young www.rooftopprofitmax.com

Sunday, June 13, 2010

Why are low interest rates not effecting the market?


I hear all these commercials to refinance your home or purchase a new one at the lowest interest rates ever. I heard that stuff in the big real estate boom and it worked! Why isn't it today?

I watch a lot of pod casts and one really informed me why the low interest rates are not working in this market. He explained that the biggest borrower was that government. The bank gave most of their loans to them. Think about it who would you lend to the government or a citizen?

With the on going out of control spending the deficit just keeps growing. The deficit is like a company that keeps telling it's stock holders they need to keep borrowing and they can force the banks to do it. I thought these people were the brightest people in the nation?

So when your client or you go too get a mortgage or god forbid a credit line their isn't a whole lot of money left for the free market.

When the banks start having more money to lend to the free market, then you'll see real estate start to recover. I think that the business loans will also get going again and help our economy to get going again.

The benefit to the banks not lending is the extremely low home prices that exist today. In some markets you can pay cash for homes and not worry about the banks anymore. In real estate you can always find ways to make money with it. Right now in some areas rents are great and prices are less than most cars.

So when you look at the interest rates understand the concept that the government is also dipping into that pool. In fact they are the banks preferred customer.


--
Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
WWW.Rooftopprofitmax.com

Sunday, June 6, 2010

Getting out of your comfort zone!


I talk to a lot of investors every week (that is my business). I've sold over 500 investment properties and there are some differences in types of investors.

I flew to LA yesterday and met with some great investors that have purchased from me before. They wanted me to speak to their friends that were interested in my process.
I told them that I purchase properties in multiple areas like Ohio,Indiana,some in Michigan.

They looked at the numbers on some properties that I had done and new ones they could purchase that. They could not believe the cap rate, in fact one of the investors that had purchased from me, informed them that he made 25% on my product. They of course decided to buy some real estate from me.

I say all that to point out that these investors lived in California but wanted to buy elsewhere. They also understood that staying in one area my not be the best way to invest. The properties I showed them where considerably less money than what they were used too. The profits were considerable higher.

These investors understood that there are other places to invest in besides their back yards. I hear investors all the time that say if I can't see it or touch I'm not buying it. That is a costly mistake and can cost you a fortune in profit. I personally have real estate in three states and 4 cities.

I've learned especially in this market, that you have invest differently and learn how to make money in other states and cities. In the Ohio area we do $50,000 plus a month in rental receipts. Most of my investors have never seen or touched their properties, they just get their checks in the mailbox every month.

So don't get stuck in buying one type of real estate investment, what will you do if that runs out? Keep your options open and you'll be richer for it. Brett Young Valley Realty