Tuesday, August 25, 2009

Nothing quick about getting rich with real estate

Ever watch those late night or weekend infomercials with the promise that you will be a millionaire in one year?

It seems like every day there is a new person claiming that they have “the perfect system” to achieve millions of dollars in income by simply following what they have to say. In the early nineties, there was Tom Vu. With his flashy convertible Rolls Royce full of girls in bikini’s

Now you have a plethora of the same message, maybe little less flashy but full of people promising the same thing. From Carlton Sheets, John Beck and Robert Allen to Dean Graziosi. Each one is different yet they all promise the same thing, send us XYZ and we will send you our magic formula.

Just like stocks if you want to make money in real estate, buy low and sell high. The Market in San Diego County is at an all time low. Discuss your options with an experienced professional real estate agent. Find out what they can do for you.

I recently helped a client buy a 2 bedroom condo in an excellent condition, purchase price $120,000. With a price this low, this property can be used to generate a positive cash flow. Call today to find out what I can do for you.

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