Making Money Quick Because Everyone Thinks Incorrectly That "Real Estate is Dead"
Real Estate prices have fallen.
Yes, that is true.
Everyone is frightened of real estate.
Yes, that is true also.
Mortgages are harder to get.
Yes, there are more obstacles now.
But, all these are actually POSITIVES not NEGATIVES! It is precisely because everyone is frightened that there are few to nil buyers.
So, what can a seller do? A seller has only two options: 1...
lower and lower and lower the price 2...
increase and increase and increase the bonuses for buying.
Neither of these options is attractive to sellers.
So, they are struggling and hoping and praying.
Such a climate is perfect for buyers.
What are rich people doing right now? Rich people are buying real estate right now.
There is little to no competition so they are usually the only bidders.
Prices are low.
Benefits are huge.
Sellers are actually totally grateful for any bid, any bid at all.
Last month, I found a duplex offered by the seller at $530,000.
There were no offers at all for the entire time of the listing -- four months.
We submitted an offer and got the property for a startling $430,000 -- a whopping $100,000 discount in just a few days of bidding.
Now, that's exciting.
Also, my fiancee just found a property she is interested in buying.
It is a commercial property with two tenants and there is considerable additional land available for another tenant.
The total rent per month is already $20,000 a month.
There is potential for higher rent from an additional tenant.
The property is being offered right now at $2,800,000.
At that price, the property is positive cashflow and a good deal.
She is considering submitting an offer at -- hold onto your hat -- get ready for this -- it's going to be hard for you to believe -- but it's true -- and here it comes -- she is considering submitting an offer at $800,000.
That's a $2 million discount.
There has not been even one single offer in one entire year.
Hers will be the only offer they've ever received.
At a price of around $1 million, the current rent produces HUGE positive cashflow.
Change your thinking.
This is the exact time to buy real estate.
Yes, that is true.
Everyone is frightened of real estate.
Yes, that is true also.
Mortgages are harder to get.
Yes, there are more obstacles now.
But, all these are actually POSITIVES not NEGATIVES! It is precisely because everyone is frightened that there are few to nil buyers.
So, what can a seller do? A seller has only two options: 1...
lower and lower and lower the price 2...
increase and increase and increase the bonuses for buying.
Neither of these options is attractive to sellers.
So, they are struggling and hoping and praying.
Such a climate is perfect for buyers.
What are rich people doing right now? Rich people are buying real estate right now.
There is little to no competition so they are usually the only bidders.
Prices are low.
Benefits are huge.
Sellers are actually totally grateful for any bid, any bid at all.
Last month, I found a duplex offered by the seller at $530,000.
There were no offers at all for the entire time of the listing -- four months.
We submitted an offer and got the property for a startling $430,000 -- a whopping $100,000 discount in just a few days of bidding.
Now, that's exciting.
Also, my fiancee just found a property she is interested in buying.
It is a commercial property with two tenants and there is considerable additional land available for another tenant.
The total rent per month is already $20,000 a month.
There is potential for higher rent from an additional tenant.
The property is being offered right now at $2,800,000.
At that price, the property is positive cashflow and a good deal.
She is considering submitting an offer at -- hold onto your hat -- get ready for this -- it's going to be hard for you to believe -- but it's true -- and here it comes -- she is considering submitting an offer at $800,000.
That's a $2 million discount.
There has not been even one single offer in one entire year.
Hers will be the only offer they've ever received.
At a price of around $1 million, the current rent produces HUGE positive cashflow.
Change your thinking.
This is the exact time to buy real estate.
Source...