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Attention: Do you think the time to buy real estate is 3 months, 6 months or even 1 year from now? Are you waiting for the “bottom of the market” to find that “great deal”. Are you afraid to invest in real estate because you have a regular job and don’t have the time or desire to “be a landlord”?
Well, while you have been coming up with excuses of why NOT to buy real estate:
I’VE BOUGHT 41 HOUSES IN DENVER IN THE LAST 6 MONTHS THAT WILL CASH-FLOW $181,000 PER YEAR, EACH AND EVERY YEAR FROM NOW ON! AND EACH HOME HAS APPROXIMATELY $30,000 BUILT IN EQUITY AT THE TIME OF PURCHASE!
I work with individual real estate investors LIKE YOU, BUYING HOMES FOR THEM AT WHOLESALE PRICES (FORGET RETAIL), PUTTING TOGETHER THE FINANCING, REHABBING THE HOMES, FINDING A RENTER FOR THE HOME AND MANAGING THE RENTAL FOR THEM! IT’S A TURNKEY SYSTEM THAT HAS EACH OF THESE INVESTORS WELL ON THEIR WAY TO EARLY RETIREMENT!
Here’s an example of a home I closed on recently:
Tax Assessed Value for 2007: $168,800
Last Purchased in December 2004 for: $178,000
I Purchased it in 2009 for: $74,900!!
YES, YOU READ THAT RIGHT: $74,900!!
But here’s the best part:
After rehabbing this home, I can rent it out and cash-flow $350-$400 per month! And right now a rehabbed house in the same neighborhood, similar to this one is selling for $130,000, giving me approximately $25,000 of built in equity, even after rehab costs!!
AND I’VE DONE THIS 41 TIMES IN DENVER IN THE LAST 6 MONTHS!
Look, I know what you are thinking, “Why buy real estate now?
Let’s look at today’s market. Foreclosures are the highest they have been since the mid 80’s here in Colorado. And foreclosures are projected to be 20% higher in 2010 (40,000) than they were in 2009 (34,000). So we have a window of opportunity over the next 12 to 18 months that we haven’t seen for 25 years.
In fact a real estate investor I know told me over lunch recently how in 1985 at age 20, he started buying real estate and accumulated 30 properties over the following 5 years.
Those 30 properties have earned him more than $10 million in equity and cash flow over the last 20 years. Just 30 properties, because he bought at the right place, at the right time for the right price!
Well, if you missed that opportunity (I did, I was too young to take advantage of the opportunity back then), you have another chance now. But don’t expect it to last long. Maybe 12 to 18 months tops. And I expect the really great deals to be gone by 6 to 9 months from now.
I am telling you right now, in many markets, particularly at the mid to lower end of the market, we are at the bottom or prices are already going up. The time to invest in real estate is beginning now (actually several months ago) and over the next 12 to 18 months. Period.
LOOK, THE PROGRAM WORKS. I’VE USED IT TO BUILD HUGE CASH FLOW SHORT TERM AND A HUGE RETIREMENT NEST EGG LONG TERM, FOR BOTH MYSELF AND MY INVESTORS.
BUT WITHOUT THE RIGHT SYSTEM AND PEOPLE WORKING FOR YOU, YOUR CHANCES OF SUCCESS ARE SLIM . . . .
That’s why we created the “Rentals to Retirement” Real Estate Wealth Building Program. The turnkey system to build a portfolio of investment properties for you.
To learn more about this exciting investment opportunity, contact us at 303-829-7812 or email us at tabbott@retire1financial.com.
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