For years I've been warning my students of the inevitable. Time was running out on real estate deals. The window of opportunity is closing, and fast!
And I started this soapbox tirade back in 2013, laboring in a more fierce tone by late 2014, and told everyone that this was basically it by the summer of 2015.
Some listened, most didn't. But I did deliver the news, gave the warnings, and trained my students in the best opportunities available with the best cutting-edge strategies in which to acquire these cash flowing properties before the music stopped, before it was too late.
So, where are we now? Is it too late now?
Largely...yes. For many of the opportunities I was leading my students to do, many of those strategies are long gone, namely because the inventory for the type of real estate I teach my students to do is gone.
Now, any one of you can look in the online MLS (by using www.cityfeet.com) and clearly see that there IS inventory left. So...what the hell am I talking about? Why am I telling you that the majority of the inventory is gone and that there are no deals to be had?
Let me be clear: there will ALWAYS be opportunity in EVERY market. Good times, opportunity. Bad times, opportunity. There is always opportunity. But during the bad times, you get MORE opportunity because this is when you get to pick up properties for pennies on the dollar. Those days are gone, folks. LONG GONE! I mentioned several times over and over again dating back to 2009 even that we were in the midst of the best time in our lifetimes to pick up properties left and right for next to nothing. And that we would NEVER AGAIN see an economy like this. In fact, our children and grandchildren won't even see this devastating of a recession in their lifetimes either.
Now, hold up a second. You're probably thinking, "That's all well and good, Monica. But reality is, banks weren't lending like they are now. And unless you had immediate access to lots of cash, it really wasn't doable for the Average Joe to pick up these properties."
You're completely right. This wasn't a doable plan for most people. Only the "players" got to play in the game of getting properties for pennies on the dollar for all cash because, during that time, it was very difficult to get bank loans to purchase these properties.
The good thing about a healthy economy is that loans and money is much easier to get from banks and lenders. Getting private lenders and investor partners are a piece of cake. Everybody wants in on a good cash flowing deal. Getting money becomes extremely easily, as it is right now! And THAT, my friend, is YOUR edge in today's economy, inventory or not.
Reality is, there are only a few methods left for acquiring passive income properties in 2019!
And I talked all about them at my 3-day Underground Secret Event in LA recently.
But even more tantalizing is that I have ONE POWERFUL SECRET to not only circumvent that huge problem but to find all the deals you could ever handle but by getting endless money for any and all deals you will ever want to do.
This was a RARE first-time-only real estate training only the students who came to this RARE Underground Secret Event where I had been able to offer a "pot" of $100 million in investor partner funds for your deals and business ventures. CLICK HERE to find out more about this powerful event and how you can get the videos for the entire thing!
Yes, you can FINALLY get the videos. But...the deal ends pretty soon. CLICK HERE to get it now!
Questions? Call my office at 661-295-5050.
See you at the top!