FIRE SALE! Do you buy “on sale” or pay full price?
Right now we are seeing one of the greatest fire sales on real estate that our country has ever seen. Many pundits are comparing it to the real estate market that we had in and after the Jimmy Carter days and the Great Depression! Talk is serious that pricing is about to bottom out and will start turning around.
While that could take a little while longer the time is great for buying at a discount. Take a minute and think back to January 1, 2000. If you can remember that far back, that is when pricing had hit a low a few years prior and had stabilized. As we moved forward from that day, prices went through the roof.
I know that if there was one of us that could create a time machine to go back we would so that we could buy anything and everything that we could get our hands on. To know what happened to pricing from January 1, 2000 forward would make anyone buy. I owned over 70 units then and wish I had 700 or 7,000 looking back. We are at January 1, 2000 again figuratively. Prices are higher because we have gone through eight years, but compared to what they are going to do, they will be considered low, even historically low.
WHAT ARE YOU GOING TO DO ABOUT IT? WILL YOU ACT OR SIT ON THE SIDELINES LIKE YOU MAY HAVE 8.5 YEARS AGO? WILL YOU MISS A REAL ESTATE SALE THAT COULD SURPASS ANY IN HISTORY WHEN IT IS ALL DONE? WILL YOU CREATE UNPRECEDENTED PERSONAL WEALTH OR MORE EXCUSES?
I know that I am committed to doing something about it for me AND the students in the MWI system. We are embarking on an urgent tour, called: “The Great Real Estate Liquidation” One-Day Boot Camp. I would strongly encourage you to make immediate plans to attend this mind-blowing event. Admission is free, and the only condition is that you USE the techniques you learn. I want to make sure this valuable training is available to anyone that has a desire to learn and take action.
We are teaching the strategies that I and other successful investing millionaires are using to create unprecedented wealth in this time of real estate opportunity. Topics include, foreclosures, seller financing, bank seller financing, use changes, highest and best uses, rocketing rent increases, cash flows and much more.
DON’T MISS THIS OPPORTUNITY LIKE YOU DID IN 2000! WE’LL SEE YOU THERE.
{ 3 comments… read them below or add one }
This is awesome Mike! There is no one out there doing this and you have given us another tool to achieve great success. The only thing to do get out there and get it done! Thanks again for the information today on the conference call. Its good to hear your voice, it gets me fired up!
You got it Rob! I am excited about the possibilities so much I can’t see straight. Anybody not seriously looking into this is crazy. No go out there and get it done !
I am going to keep buying real estate for as long as I can! It’s fun too! I really appreciate all you are teaching us!
Thanks Mike!
Jared
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