Hi Folks,
I trust you have been having a good week. Whew...I don't know how I got so busy, but it has been several days since I posted. Time sure flies!!
I have been busy getting ready to begin doing my own teleconference calls. I am so excited about it. I have done a few now and I LOVE being on the "interviewer" side of the fence. I am so used to being interviewed.
I am doing a series in May - Surviving The Crashing Market and Coming Out on Top! In addition to homeowners, there are so many investors upside down right now, too. At every boot camp we teach at least 10 people come up to me and state that they got involved with pre-construction or bought too many rentals or their own mortgage payment went up or something along those lines. I have spent countless hours privately counseling students.
This prompted me to do a 4 part series in May about options for investors....leases, special needs housing, commercial and much more. It really is going to be great! I hope you'll check out our site and get registered. I promise you won't regret one single minute.
Diesel went to $4.02 yesterday - here in the mountains. Gas is going up, less people will travel this summer, airline tickets will rise....all this will put us into a summer recession. I am not one to predict doom and gloom - in fact I am one of the most positive people you will ever meet - but facts are facts. We, as investors, MUST be prepared for the times ahead.
On the positive side, short sales are easier than ever. If you are in a position to buy and hold - do it. Prices will continue to drop for a few more years and now is the time to really make hay while the sun shines. If you read my blog the other day on Section 8, we take advantage of government programs. Nothing is better than letting Uncle Sam pay for your rentals. This is why we are going to talk about Special Needs Housing during the May series.
I have to run. I have a conference call tonight. Stay tuned for more info on the May series.
Have a Blessed day,
Dwan
www.theieu.com
About Me
- Dwan
- I started as a single mom with NO money, NO experience, and NO real estate license. I have been investing in foreclosures for almost 20 years and am considered one of the nations foremost experts on short sales, foreclosures, and just about anything related to real estate investing. My goal is to help you to become a superstar!
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1 comment:
Im I correct to say that "buy now" and hold only works in a place that doesn't have double digit devaluation going on? Some places have 13% to 17% and even more, in declining house values. A place like Iowa is a better place to "buy and hold?"
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