Wednesday, September 20, 2006

YES, Real Estate Investing Works In Your Area Too!

Last Friday I was on the phone with a perspective client ofours. Let’s call him “Jeff”. Now, I have to be honest with you here, what Jeff had to say during our conversation was very bothersome to me, and by the end of the call I finally had to tell him that before I could help him succeed, he’d have to change his perception about the Business. After thinking about his comments all weekend I realized thatJeff's limiting beliefs are probably more common than I’d like to admit. But how can I help people change their perceptions? Then, I was browsing around in my neighborhood Barnes & Noble yesterday, looking for a good read, when the newest edition of TIME magazine caught my attention!

Now I usually don't read TIME, but a headline on the cover caught my attention: Home Sweet Home – Why We're Going Gaga Over Real Estate" I grabbed it and found some interesting numbers you need to hear. WARNING: IF YOU ARE ONE OF THE PEOPLE THAT USES THE REAL ESTATE MARKET AS AN EXCUSE FOR A LACK OF SUCCESS, THIS INFORMATION WILL SHOCK YOU! Real estate values are appreciating like wildfire across thecountry. The time to be investing in real estate is right now.Look at these statistics that the Time article provided:

House Price Percentage Increases

Market 5 Years 1 Year

Washington, D.C. 108.1% 22.2%
California 103% 25.4%
Rhode Island 97.6% 17.1%
Nevada 84.7% 31.2%
Hawaii 82.9% 24.4%
Florida 80.5% 21.4%
Maryland 77.9% 21.0%
New Jersey 76.5% 15.8%
New Hampshire 72.3% 12.1%
Massachusetts 71.8% 11.6%


As I travel the country speaking in various cities around the country, I hear a recurrent comment that goes something like this: "I know investing in real estate works where you live, but I live in a Sellers’ (or Buyers’) market. It doesn’t work here” Yet their local investors’ association is filled with peoplemaking money right in their city. What’s the difference between them? Simple. It's their attitude. Whether you live in a sellers’ or a buyers’ market, you can make a killing in real estate! Look at the appreciation thatis occurring across the country. You may need to adjust yourstrategies for the marketplace, but either way the profitpotential is there. If it is a buyers’ market, then motivatedsellers are having even more difficulty disposing of their unwanted property. What an opportunity for you to solve their problem, and create an incredible profit margin. Motivated sellers usually do not realize they’re in a sellers’market. You have to improve and increase your marketing to findthe motivated sellers before they get educated about their market place.When you create these deals, you’ll have absolutely no troubleselling – it’s a sellers’ market. The point is, don’t allow yourself excuses. Look at every market condition as a new opportunity. The real estate investors that truly become wealthy are those that can thrive regardless of the external environment. Learn how to thrive!

I hope you have an INCREDIBLE investing week!

Best of Success,

Tony Saccaro
www.bigdawgsbuyhouses.com

1 Comments:

Blogger Tony said...

Thanks,
What Realtor do you work for? I specialize in Wholesaling and am looking for investor buyers to join my list. Would you know anyone who'd be interested? Also I deal in High end properties as well, would you be able to send me a list of 500K and higher homes that have been expired from the MLS email me at terrence.saccaro@verizonwireless.com

Take care

9:16 PM  

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