Real Estate Marketing & Beyond
What's amazing is the mass media and even seasoned professionals claim there is no money to be made in real estate today. There is nothing further from the truth. Real estate has made more millionaires over the years than any other industry.
It wasn't always as easy as it is today to make your fortune in real estate but people have been doing it for hundreds of years. It used to be much more difficult than it is today. Creative financing has come a long way over the past 20 years. It used to be you had to personally guarantee any financing you could find. It was the old story where those that don't need to borrow money were the only ones that could qualify.
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Not so today! Nonrecourse loans are much easier to obtain. Those are loans that are only secured with the property the money is used to purchase. Also, thanks to the communication power of the internet, banks are no longer the only source for borrowing capital. Today, money is flowing into real estate from private investors. Not just independently wealthy individuals but from every day people wanting a secure investment far away from the loses that have occurred on Wall Street constantly for the past two decades. This includes working people looking for secured investments for their 401k and IRA retirement funds.
If a fear of not being able to find investment capital is holding you back from your success, take a look at this short list of money sources:
There is always big money to be made in real estate. It doesn't matter if the market is screaming upward, flat lined, or plummeting downward. As with any business, success comes to those that uncover a problem people are having in the marketplace and providing a solution.
In today's marketplace, the problem is pretty obvious to most. What's not obvious is the solution. The problem is a great one for real estate investors. There are still distressed properties on the market presenting investment opportunities. Maximizing the opportunity is that there are few bank-qualified buyers in the marketplace. Even the few want-to-be buyers in the marketplace can't obtain a traditional loan from banks and don't know how to find other people's money.
Distressed properties minus qualified buyers, plus your knowledge for finding other people's money is the magic formula to you making a fortune in today's real estate market.
I can't provide references for private money to every reader. The secret is for you to scour the internet for private sources of money. But believe me, ambitious people are making money in today's rising real estate market.
When you are able to bring 4 or 5 properties for flipping into the pipeline each month. Each of those properties will bring you between $25,000 and $30,000 in profits. Take a look at the conservative math of how much there is for you to earn starting right now.
4 properties X $25,000 X 12 months = $1.2 million
Is there work involved? You bet there is. This is a get rich system but it's not a get rich quick scam. You do need to build a system and network of financial sources and a network of birddogs finding deals for you. It takes time and it takes work but it is a proven road to financial freedom.
Please leave a comment if this article was helpful or if you have a question.
Author bio: Brian Kline has been investing in real estate for more than 30 years and writing about real estate investing for seven years. He also draws upon 25 plus years of business experience including 12 years as a manager at Boeing Aircraft Company. Brian currently lives at Lake Cushman, Washington. A vacation destination, a few short miles from a national forest in the Olympic Mountains with the Pacific Ocean a couple of miles in the opposite direction.
