Crocodile in California?
Real estate investment property has a meeting-Be Profits?
How did we raise crocodiles in California?
I tell you what to do.
Property that will not be sold will eat up pure real estate investment profits.
It's been a few months in the market and no deals have yet been made.
Monthly payments, taxes, utilities, insurance. Ouch! !
It was a nightmare!
Robert Kiyosaki talked about crocodiles, they kept eating, they kept eating --
But is real estate investment dead in California?
Not a long shot.
How about the rest of the country?
The old "go to California, the country", right?
The advantage of investing in real estate is that there is always an opportunity to have a chance right away.
You might ask, "when these same properties are sold in a few hours or days, not weeks and months, will we invest as before?
The answer is, "No, a big fat man!
Another question to consider is, will we be more cautious?
"The key to investing in so many markets for crocodiles is to buy and buy smart.
If you buy it right, you won't be so worried about sales.
Right of purchase, you can transfer your property to another investor, or provide property to buyers that is far below market value.
Buyers are excited because they get a lot of stuff and you have enough wiggle room to still get ahead.
Buy smart, consider the timing.
You may find that alligators in California or elsewhere in the country have created many motivated sellers for this.
Finding a way to solve their most pressing problems makes sense to you as well, and you will create an overflowed revenue stream.
Buy right, you control the transaction, not the transaction.
If you buy it too high, then the crocodile is chasing you.
If you make this mistake, then you know, because
The sign of the story is that your profits are disappearing every month and you can't see the end.
Is your property cash?
Do you flow or spend every month?
Do you have a viable exit strategy or are you upset with the decline and flow of the market?
If you answer the latter, then you have crocodiles wherever you are.
I 've had nightmares in the real estate investment industry, some of which include crocodiles, but I'll tell you that when you get it right and buy something smart, the nightmare is gone, the crocodile disappeared.
Act cautiously and invest wisely.