“Safe as houses” is a popular phrase used to express a certain degree of certitude and security precisely because investing in real estate is akin to investing in a sure thing. The moment I mention this at lectures or after-dinner speeches I smile because I can see from the reactions I get that it needs explaining. And it does.
Real estate investment as a career, whether it is through domestic emergent real estate markets, single-family dwellings, multi-family dwellings or through the carefully worked out real estate investment strategy which goes with syndicate real estate investment, in order to produce results has to be made in properties that are in demand, hold their value, can be retained for value or can be up sold for a profit and it has to be made at the right time.
Once this qualifier is taken into account the adage I started this article with becomes truer than you think precisely because you are then dealing in a commodity that everyone wants. People always need somewhere to live and even during the worst downturns in our economy there is demand for housing and there are properties being sold and bought.
This is a principle which is vitally important to realise. No one goes into real estate investment as a career without a really strong desire to make money out of it and for that to happen they will have to choose their real estate development strategy and they will have to choose exactly which market to deal in and when.
What, when and where are the three bywords successful real estate investment is ran by and those who work in it and ignore these bywords do not long stay in it. As a real estate investor who has been in the business long enough to make a million dollars and create an empire of more than 4,000 apartments across six states I have been privileged enough to see (and probably make) almost every mistake in the book and lucky enough to have survived it and learnt from the experience.
Real estate investment, as a career, can give you total financial independence provided you take the trouble to learn what you need, listen to those who have already gained experience by working in this market and learning about its pitfalls and by applying a set of complete, logic-driven skills to the enterprise.
In the many seminars and courses I give throughout the year I am fortunate enough to meet men and women who bring in exactly the right kind of commitment that is needed in order to turn real estate investment from a lucrative job into a money-making machine that will guarantee your financial freedom.
In the process you will also be aiding the rest of the economy and helping to strengthen our country through the creation of conditions that facilitate the flow of money both locally and nationally. There are few jobs that can claim to bring so many benefits to so many and real estate investment is one of them.
Thank you for voting. If your vote meets our