Better Get Into Real Estate Investing ASAPPosted on May 31, 2014 by
So in the spirit of John Schaub who spoke at Tampa REIA last month and his message – to “build wealth one house at a time” – it is now my new mission to do just that. After 70+ wholesale flips in the last year and a half, I’m now fully comfortable with the fact that it’s time to get into “Buy and Hold” investing. I know, I know – it’s sooooo NOT sexy. True, but after hanging out with Larry Harbolt and Pete Fortunato and other “buy and hold” investors over the last 2 years, I finally see the light.
Now don’t get me wrong, I will probably always wholesale houses here and there, and today it’s still our Bread and Butter that pays the bills, but it’s time to build that cash flowing rental portfolio. This is for our future nest egg, our retirement, our passive income that will pay our bills for the rest of our lives. Any future excess money we make will go into rental properties (for the foreseeable future). Crazy huh?
Have I lost my mind? What has changed? When I first started out in real estate I really didn’t want to get into rental real estate. It just didn’t appeal to me. I figured we could make our money doing Wholesale Flips, Fix & Flips, and Lease Option flips. Well we can still keep doing that, but it’s time to put any excess money into rental real estate – or into private lending.
But Matt, why now? Well I have finally seen the light in the economy that tells me that the market is going to be shifting soon. If you have not learned about QUANTITATIVE EASING, I suggest you GOOGLE it now and get up to speed on it. It is a Government tactic to help out the economy – bring down interest rates so that businesses can borrow at low rates to grow their business and stimulate the economy – providing more jobs, etc. It also indirectly printed more money to give to the banks to lend out. But the banks and businesses didn’t use the money to grow their business, they bought stocks instead, causing the market to artificially rise – not because of any positive economic factors. The other effect is that it’s causes the value of the dollar to decline because of the printing money effect.
I don’t think the government (The Fed – Federal Reserve) can do the Quantitative Easing for too much longer. Once they slow it down or stop it all together, the stock market will crash and inflation will skyrocket. Much like moving your money to Gold – which has skyrocketed in price over the years because of all of this, Real Estate will be a great place to put your money to hedge against inflation and shelter it from any stock market crash. Either in the form of rental real estate or in the form of Mortgages on rental real estate (thru private lending) – as your money is secured thru real estate. This will provide consistent cash flow or a consistent rate of return on your money that will be much more stable that the stock market and much better than bonds, CD’s and Money Market. Even if the stock market crashes, people will still need to pay their rent (and most renters aren’t stock investors anyway –no offense).
So now you know why I’m so excited to get into rental real estate and private lending. And it’s time to get into the game ASAP before the market crashes. I also want to help others make the transition by providing “Turn Key” rental properties to investors bundled with Property Management (because who wants to be a landlord?? – not me!). We can and will FIND, BUY, FIX, LEASE, and MANAGE the properties for you – you don’t have to lift a finger. We’ll be buying in high demand areas in the Tampa Bay area where there is high rental demand as well as high appreciation potential – no rough areas. I can also help you if you want to get into private lending (especially ideal in a SELF DIRECTED IRA retirement account) – to grow your retirement account tax free or tax deferred. You can buy rental properties thru your IRA or 401K accounts as well, which is encouraged.
This is my new mission, to help others get into real estate investing and growing and PROTECTING their nest eggs for retirement. I’m putting together educational content that talks about our “Turnkey Investing System” in the form of consulting, seminars, webinars, and a podcast – and you can find the information at www.RetireEarlyRealEstate.com. This is ideal if you have the money to invest or lend today (in savings, in the stock market, in a 401K, or IRA).
If you are not ready to buy or lend on rental real estate and want to get to that point – and I want you to get to that point ASAP – Wholesaling real estate, Lease Options, and Fix and Flipping is the way to go to make some cash to then put into rental real estate (think…PASSIVE INCOME = RETIREMENT). For more information on Wholesaling real estate, please go to www.HowToWholesaling.com for tons of information on how we did it and how you can do it too.