It’s Always OK to Overpay for Your Divorce
but
Never Overpay for Real Estate
Either make your money on the day you purchase the property, or check yourself into a mental hospital, it will be safer for you!!
A real estate investor purchases all normal operating property based on “Real Current Value.”
The essence of Current Value
is
Cash on Cash Return!!
If you follow the rules of Value then be comfortable. You are thinking like a professional. Those who worry are those who listened to the “dreams and promises” of advisers or Gypsy Fortune Tellers, who told them not to worry about current cash flow, but to base today’s value on tomorrow’s “projected” cash flow and resale value (“Internal Rates of Return”).
All of the reasoning for poor and genuinely stupid judgement called Internal Rates of Return, will not excuse an investor who subscribes to this “Greater Fool Theory.” These Rules of Real Estate Investing are all “written in stone.” If you track real estate investment crashes from 1986 to 1992 and from 2008 to 2011, you will find that in each and every instance, some or all of the “Rules” were skipped over or pushed aside.
Join me this Saturday at 1:00 pm EST/10:00 am PST
for a Live Interactive Discussion on the
RULES TO FOLLOW FOR REAL ESTATE INVESTMENT.
Click Here to Register
All Registrants will have access to an On Demand Replay if you are unable to attend live
- THESE ARE RULES TO LIVE BY FOR SURVIVAL AND PROFIT.
- THEY DON’T CHANGE AND HAVE ALWAYS BEEN PROVEN CORRECT
I hope you will join me as we discuss lessons I’ve learned ” In the Trenches ” in 48.5 years as a professional real estate investor.
Sincerely,
Gerry
