The short answer, of course, is yes. But in reality, it's up to you.
Consider what Southern California Real Estate has done over the last 30-40 years. Prior to the year 2000, our real estate has appreciated at an average rate of about 7% per year, for the previous 30+ years. And if you look at the past 5 years, we’ve seen local real estate appreciation soaring between 10.1% and 24.8%, PER YEAR. So what will happen this year you ask? Well, according to Gary Watts, a highly regarded and amazingly accurate Real Estate Economist, we should see a solid 15% appreciation rate. Mr. Watts also predicts that “There is no bubble”, and “those in fear will lose as housing continues to appreciate!” Mr. Watts supports his forecast with extensive market data that seems to lead to nothing but growth.
So again, is real estate investing for you? Well, if you want to experience reliable growth that can only come from such a consistently stable market as Real Estate, then YES, Real Estate Investing is certainly for you.
Think about this...Your Grand Parents never expected to see Real Estate appreciate like it had, and your Parents certainly didn’t expect the appreciation that they saw. So what are you going to be able to tell your children… your grandchildren?
What are you waiting for?
The 4 Levels of Real Estate Investors:
Ground Zero Investors They’ve thought about it, and they want to do it, but they just haven’t been able to get started investing in Real Estate.
Level One Investors They’ve proven that real estate doesn’t just work for other people, but that it works for them. They have done this the most simple way—by making a significant profit on their first few deals. Level One investors have the certainty that real estate will be their proven path to financial success. They know they still have a lot to learn, but they’ve seen that they can do it.
Level Two Investors Level Two is all about mastering the five core skills of real estate investing and building a business to support a real estate portfolio. Level Two investors have created a net cash flow of $5,000 to $50,000 per MONTH and an increase in their net worth of $250,000 or more per year. Most investors think Level Two investing is all there is. They aren’t even aware that another level exists, and they stop short. But there is so much more that’s possible for them, and the rewards are worth the effort.
Level Three Investors Imagine having built your R/E empire in such a way that you earn massive income without having to be involved in the day to day direction of the business. Level Three investors earn at least as much as Level Two investors, but they do it passively. This means Level Three investors work less than ten hours per MONTH. Their property portfolio and business work without them needing to be there to run things. This is a great place to arrive at, and, you can have a lot of fun getting there.
Now that you know where you are on the R/E Investor Ladder, how do you move up? Well, just keep reading...
Key Steps in Moving Through the Various Investor Levels:
Ground Zero: To get out of this level, you need to begin with your first property. Make sure you’re working with someone that can truly add value and help you reach your goals.
Level One: Since this level is about proving that real estate works, you have three main hurdles to “climb”.
1st: Get out of THINKING mode and into DOING mode. This means going out and viewing at least 3 properties—THIS WEEK, and get a feel for what it’s like. You will also need to meet with a R/E Investing Lender to determine your financing options. Based on your financial position and your credit scores, these options should include LOW and NO down payment loans. Imagine that: 100% financing on investment properties! But do it today, because it’s too easy to let fear push you to rationalize away your dreams.
2nd: Learn from the best coaches and teachers. Notice that this learning happens AFTER you’ve broken through the inertia of inaction. Learn from the best, but make sure you are really willing to DO first.
3rd: Stop and learn from your experiences on a regular basis. This triangle of Do, Learn, Regroup; Do, Learn, Regroup is the key to your initial success.
Level Two: Here are five core skills you have to master:
1. How to consistently find motivated sellers
2. How to be a master negotiator
3. How to quickly analyze deals to know the deals from the duds
4. How to structure a variety of deals. This is primarily based on the types of loan options available to you
5. How to write up the offers with a competent and experienced Real Estate Investing Realtor
Level Three: The key here is your belief system. There really is no difference in skill, rather the beliefs that support you in seeing the opportunities that exist all around you. At a certain point it’s actually easier to buy a shopping mall than it is to buy five more houses. And you’ll make 10-fold to 100-fold more cash flow from the shopping mall, potentially. Just keep an open mind.