The short answer, of course, is
yes. But in reality, it's up to you.
Consider what Southern California
Real Estate has done over the last 30-40 years. Prior to the year
2000, our real estate has appreciated at an average rate of about 7% per
year, for the previous 30+ years. And if you look at the past 5
years, we’ve seen local real estate appreciation soaring between 10.1%
and 24.8%, PER YEAR. So what will happen this year you
ask? Well, according to Gary Watts, a highly regarded and amazingly
accurate Real Estate Economist, we should see a solid 15% appreciation
rate. Mr. Watts also predicts that “There is no bubble”, and “those
in fear will lose as housing continues to appreciate!” Mr. Watts
supports his forecast with extensive market data that seems to lead to
nothing but growth.
So again, is real estate investing for you? Well, if you want to
experience reliable growth that can only come from such a consistently
stable market as Real Estate, then YES, Real Estate Investing is
certainly for
you.
Think about this...Your Grand Parents never expected to see Real Estate
appreciate like it had, and your Parents certainly didn’t expect the
appreciation that they saw. So what are you going to be able to
tell your children… your grandchildren?
What are you waiting for?
The 4 Levels of Real Estate
Investors:
Ground Zero Investors They’ve thought about it,
and they want to do it, but they just haven’t been able to get started
investing in Real Estate.
Level One Investors They’ve proven that real estate
doesn’t just work for other people, but that it works for them. They
have done this the most simple way—by making a significant profit on
their first few deals. Level One investors have the certainty that real
estate will be their proven path to financial success. They know they
still have a lot to learn, but they’ve seen that they can do it.
Level Two Investors Level Two is all about mastering
the five core skills of real estate investing and building a business to
support a real estate portfolio. Level Two investors have created a net
cash flow of $5,000 to $50,000 per MONTH and an increase in their net
worth of $250,000 or more per year. Most investors think Level Two
investing is all there is. They aren’t even aware that another level
exists, and they stop short. But there is so much more that’s possible
for them, and the rewards are worth the effort.
Level Three Investors Imagine having built your
R/E empire in such a way that you earn massive income without having to
be involved in the day to day direction of the business. Level Three
investors earn at least as much as Level Two investors, but they do it
passively. This means Level Three investors work less than ten
hours per MONTH. Their property portfolio and business work without them
needing to be there to run things. This is a great place to arrive
at, and, you can have a lot of fun getting there.
Now that you know where you are on the R/E Investor
Ladder, how do you move up? Well, just keep reading...
Key Steps in Moving Through
the Various Investor Levels:
Ground Zero: To get out of this level, you need to
begin with your first property. Make sure you’re working with
someone that can truly add value and help you reach your goals.
Level One: Since this level is about proving that
real estate works, you have three main hurdles to “climb”.
1st: Get out of THINKING mode and into DOING mode. This means
going out and viewing at least 3 properties—THIS WEEK, and get a feel
for what it’s like. You will also need to meet with a R/E Investing
Lender to determine your financing options. Based on your
financial position and your credit scores, these options should include
LOW and NO down payment loans. Imagine that: 100% financing on
investment properties! But do it today, because it’s too easy to
let fear push you to rationalize away your dreams.
2nd: Learn from the best coaches and teachers. Notice that this learning
happens AFTER you’ve broken through the inertia of inaction. Learn from
the best, but make sure you are really willing to DO first.
3rd: Stop and learn from your experiences on a regular basis. This
triangle of Do, Learn, Regroup; Do, Learn, Regroup is the key to your
initial success.
Level Two: Here are five core skills you have to
master:
1. How to consistently find motivated sellers
2. How to be a master
negotiator
3. How to quickly analyze deals to know the deals
from the
duds
4. How to structure a variety of deals. This is
primarily based on the types of loan options available to
you
5. How to write up the offers with a competent
and experienced Real Estate Investing Realtor
Level Three: The key here is your belief system.
There really is no difference in skill, rather the beliefs that support
you in seeing the opportunities that exist all around you. At a certain
point it’s actually easier to buy a shopping mall than it is to buy
five more houses. And you’ll make 10-fold to 100-fold more cash flow
from the shopping mall, potentially. Just keep an open mind.