id you know that the investment would be if you bought
majority of millionaires real estate in California in the
today made their millions 1980’s. At that time the real
through real estate? The real estate market was sluggish.
estate industry has always been a However, the 1990’s and beyond
money maker even when the market brought Silicon Valley and the
was perceived to be down. Real real estate market shot through
estate is amazingly resilient in the roof. This was a long term
that if you stay in the real investment that yielded amazing
estate market long enough, the profits. One drawback to
market will always increase. The speculative real estate investing
key is to make real estate is that you have to go to the
investing work for you, enabling geographic locations where the
you to say goodbye to your best real estate deals exist,
stifling day job and hello to which may often not be in your
financial freedom. back yard.
In general, there are two types The second type of real estate
of real estate investments which investment involves certainty. A
include Speculative and certainty type of real estate
Certainty. A speculative real investment occurs when you buy
estate investment has profits real estate well below the market
that are reliant on appreciation. value. You buy this real estate
Therefore, this type of real at a rock bottom price from
estate investing is vulnerable to stressed out sellers. This type
market conditions and makes it a of real estate investment is not
long term option. affected by the market. You will
earn the profit up front by
An example of a successful selling the real estate quickly.
speculative real estate This is a valuable real estate
investing plan for most because business. You can earn
you can work in your own area and $10,000/month by making only one
is a short term option that real estate deal per month
provides quick profits. yielding $120,000/year. If you
choose to work part time then you
Let’s take a closer look at a can make 1 real estate deal per
certainty real estate investment. two months yielding $60,000/year.
You can create your own These numbers are attainable if
certainty real estate investing you follow a proven, predictable
business with little overhead and real estate investing system.
you don’t even need an office.
You can finance 100% of your Learning how to succeed in the
project costs using other real estate investing business
people’s money and credit. Your from a proven system is not only
project cost is the purchase important for financial reasons,
price + rehab price + holding but will also educate you about
costs. So if your financial legal issues. You need to know
situation is grim then you don’t the current real estate laws.
need to worry. These laws and standards can
change and you will be held
Specifically, you can start accountable if you make a
earning upwards of $10,000/month mistake. Plus, you need to know
within the first 6-10 months. how to protect yourself against
This is welcome news because most corrupt business people that may
businesses take three years to take advantage of you.
earn a profit. Remember, though,
that this is not a get rich quick Real estate investing is a
scheme. You need to put in the business that anyone can succeed
effort and build a legitimate in. Victorious real estate
thriving real estate investing investors are informed,
dedicated, and confident. Why ="3545651507";
don’t you join their crowd?
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About the Author:
Lou Castillo has been successfully investing in real estate since the early ‘90’s, and now shares his vast experience with investors around the country. Unlike many of the speakers and mentors in real estate, Lou has both an undergraduate and a Master's Degree in Business and Marketing, and for 12 years he worked managing a 50 million dollar business for American Express.
He was on his way up the corporate ladder until he recognized that real estate offered a greater opportunity for financial freedom, and for the lifestyle he desired. Using his powerful formulas Lou was able to retire from his corporate job at age 37 and follow his passion - his first love - which is investing in real estate.
Lou has developed proven systems that create massive wealth through real estate investing. He has authored more than 7 books and courses on the subject focusing on the implementation of his techniques. His latest development 'The Investor Riches System' has been helping investors world wide achieve financial freedom through real estate. For more information, go to http://www.freerealestatestrategies.com If you wish to talk to Lou you can e-mail him at Lou@InvestorRiches.com
