Wednesday, January 7, 2009

Visions of the future with US


Visions Of The Future, With Us
I look forward to a tremendous year of growth in 2009. The first item of business is opening the first of several new cities. It should be on line by late February. Fresh new investment opportunities are a always top priority.
Kevin Sparks, Founder of the Worldwide Success Network will also be working with us as a consultant. He will be hosting two meetings per month. These meetings will be structured to introduce new clients to our Turn Key System. All current clients will be welcome to attend. In addition, we will still be holding our regular monthly educational meetings. As usual, new properties exclusive for that meeting will be presented and time for networking with fellow investors will be allowed.
New private money sources are also a focus for the new year. We are actively seeking alternative finance methods for our clients. Today’s current money challenges require a creative approach. …..We are on it.
Our goal for 2009 is to grow a healthy and profitable investment community. Together we can build the most successful real estate investment group in the world. We hope you will join us! http://www.rooftopprofitmax.com/


Understanding The Market In 2009
As an investor of 23 years, I’ve never seen a news media so negative and depressing. They spew bad news daily and give little hope for a prosperous future.
Let’s break it down……..In 2006 they spoke of the “housing bubble”, comparing it to the “dot-com bubble”. It is true that both caused financial havoc, but there is a giant difference between the two. The internet bubble burst leaving no assets. Housing still collects rent in a so called bubble market. It amazes me that stock market brokers bash housing. They say patience is the key with the stock market, then they turn around and say the housing market is bad and to get out while you can.
Unlike the stock market with 100 million dollar CEO’s running these firms, you the investor, have full control over your real estate portfolio. My IRA lost over 60% of it’s worth and I receive no rent/dividends from that investment. Meanwhile, I still receive great monthly cash flow on my real estate portfolio, not to mention the equity I have retained for having bought them at the right price. I am currently buying homes for under $25,000, rehabbing them for approx $15,000, receiving $300+ in monthly cash flow AND banking $30,000 to $70,000 in equity. I would like to see stocks give back that kind of return in this market.
Setting up your portfolio in this market will make your life golden when this market turns.

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/

Friday, November 21, 2008

Knowing What Your Buying

I had a comment in my blog about knowing what your buying. Great thought!
As an example, with our service, homes are always inspected and all rehabs are quoted by licensed contractors. This is completed during the inspection period allowing our investors to make an intelligent decision regarding their purchase.


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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment

Another Brett Property Story


I had just purchased a new vehicle, and decided to take on a Sunday drive. On my way I stopped at two open houses. Both homes were in the same neighborhood with the same sq footage and looked very similar. I found out later that one sold for $50,000 more than the other.
When I investigated what had happened, I discovered the only difference was an extra bathroom. At the time I happened to have a construction company. The cost of a new bathroom with the permits, plumbing, prints, fixtures (I always go to IKEA for that) and flooring cost around $4500. (Finding room in the home to add a bathroom without having to square footage can be a challenge). Could I put a bathroom in a home for under $5000 with a potential to make an extra $50,000 per home. Hmm?
I tested this theory on a home at 36th st and Indian School. Adding a bathroom allowed me to mark that home up $50,000 and bingo I suddenly had a new business plan!
I bought my next house without even looking at it. (I don’t recommend that though). The address was 2711 E Amelia Phoenix, Az. I did have a little problem though, there were renters in it.
Seeing the massive profit potential, I paid the tenants $4000 to get the heck out of dodge. They decided that they would take the money and run. I made over $40,000 on that home! I added a lot of bathrooms over the next few years all because I was paying attention.
Always keep your eyes open! You never know what you’ll find out there.

--
Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/

Should You Worry About This Economy?



Right now people are under great stress. It is no wonder! We are fed bad news daily. While listening to the news is important, just remember that people are still making money today.

I have bought homes under both administrations, Republican and Democrat. No party really knows the your business, only you do.
Real estate is a great in all economies. Rents tend to go higher when interest rates go up and down when rates are lower. Rentals are usually always good in a bad market. (People have to live somewhere.)
Everyday we hear about foreclosures and gloom and doom. Just keep your mind in a state of making money and making intelligent decisions on purchase’s.
I have done well in down markets. For example; Years ago, I was buying condo’s in Mesa for a song. Some for as low as $15,000. Sound familiar? Everyone said that real estate would never come back. I think you know how valid that statement is.
So be careful what and who you listen too. Remember, investors can make money in any market. That investor could be you! Plug into the opportunities you are comfortable with, keep it in budget and you will be fine!

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/

Put Real Estate Under Your Tree This Year!


Buying real estate at today’s prices makes buying a lot easier.
I remember just a few years ago home prices seemed over valued. Fast forward a few years and presto you can buy homes for less than used cars!
I just purchased a few homes myself. I picked one up for $7000! Yes, only $7000. With an added $17,000 in fix-up, my $24,000 investment has become a $75K home in my portfolio! Another property was a very nice brick 3 bedroom. I paid $16,000 for it. $10k later it is worth $90,000 dollars!
You might be wondering how I determined these homes current values. These numbers are based on experience, comparable sales and current appraisals.
Some people say this is to good to be true….The perfect storm……. Ok! Ok! I challenge you to check it out. You will find an investors gold mine!
Sticking a few of these awesome buys under your tree will put money in your stockings next year. Owning quality, marketable real estate does not lose! In bad markets it rents, and in good markets it sells! I know because I’ve been doing this for 23 years.
Have a Merry Christmas and a Happy and profitable New Year!

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/

Start Your Savings Plan With Real Estate





What is your savings plan today? You could use many types of investment vehicles.
One might be a bond at 3%-4% interest. Taking inflation into account you’ll be breaking even on that investment.
Stocks are another vehicle you can choose. Unless your portfolio is managed by a genius, you have probably taken a considerable loss this year.
I choose real estate. Today, the homes we are buying have a 30% cap rate, and a 50% return on equity. Compare that to the aforementioned investments and I think you might come to the same conclusion!
My wife and I have amassed $490,000 in equity with our real estate purchases in the last 3 years, and we are still buying. These are the same types of properties we are currently recommending to our clients.
Buying real estate in this down market will allow you to cash in on the best prices we have seen in years. When the market is good, real estate prices go sky high because everyone in the nation thinks they are real estate investors. However, some of the richest families in America have gotten that way in the worst of markets! Every analyst and financial guru will tell you to plan for your financial future. This is great advice, but the key to success is timing. No one can predict the future, but all indications point to the fact that NOW is the time to buy real estate


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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/