Tuesday, March 24, 2009

Real Estate, an Investment for All Seasons

I am haunted by the fear that our children may lose their way in a world that values money for what it can by and not for the good it can do. I am haunted by the idea that our children are growing up in a society that places too much emphasis on the job you have, the salary you make, and the title you wear. An impatient world measured in days, not years, and populated by instant winners, lottery lovers, and a battery of million-dollar game shows. A time when investing has become a romantic notion of high-flying day traders and IPO millionaires or, worse, has become synonymous with a crapshoot plagued by corporate scandal, worthless stock options, and bankrupt pension funds. Most of all I’m haunted that we’re teaching a generation that riches come quickly or not at all. ─Gary Keller, Preface to The Millionaire Real Estate Investor (2005)


Gary Keller published those words in 2005 in the preface to The Millionaire Real Estate Investor. Do you feel the same way Gary Keller did? Four years after Gary published the above words, current world economic conditions sadly reveal that his fears were well founded.

But we don’t have to feel helpless or paralyzed by fear. And we don’t have to write a book. Gary Keller in anticipating the future, already wrote the definitive book on how avoid being a victim of his those things he feared. The Millionaire Real Estate Investor is both a handbook and a road map for achieving financial freedom, and there has never been a better time to start the journey.

The investment models in the book are based on the practices of more than 100 successful investors who followed a proven path that ultimately led to wealth building and financial independence. Based on interviews Gary Keller and his coauthors Dave Jenks and Jay Papasan conducted, they determined that the investors were people of varied backgrounds and resources who shared a burning desire to succeed. Their success depended on a crucial first step to move beyond fear and doubt to develop and follow a plan to change their lives.

Because of the Millionaire Real Estate Investor we can afford to see the current economic conditions as an opportunity rather than a setback. Interest rates are at the second lowest they have been in ten years home prices are at a level few could have conceived two years ago and we have a timely tool for charting the way to financial well being. Examples in the book show that:
1. Building financial wealth through real estate is possible.
2. Building financial wealth through real estate is possible for everyone.
In Gary’s words, anyone can, not everyone will.

It is to be noted that even though all the investors in the Millionaire Real Estate Investor achieved million and multimillionaire status, the word millionaire in the title is used as a synonym for well being, and the term wealth should not to be confused with riches.

If you are interested in finding out more about the MREI method of financial success, attend one of the seminars we are offering in Albuquerque, NM at the Greater Albuquerque Chamber of Commerce, the Hispano Chamber of Commerce and at Keller Williams Realty . For more information, call: 505-363-5156 or 505-304-5080.

7 comments:

Sandy said...

Hi,

The first step towards making that good real estate investment is the planning stage.

When purchasing a home make sure you are well aware of the various aspects that are involved in the process. This includes the plumbing, heating systems and electrical fittings for your home.

Stewart said...
This post has been removed by the author.
Sandy said...

Thanks for the informative post.
Compared to the current market prices, a good investment property should come at a lower price. The reasons why a seller decides to place a lower buying price are many. They may be that the house has to be sold urgently, diseases, urgent need of money or even divorce. If the property on sale is expensive, then you have to wait a little while longer before you can make your investment. Most properties that come at a lower price may need re-furnishing before they can be used. If this is the case, you need to establish the cost of refurnishing before buying the property.

Noc said...

Real estate investing courses are frequently believed to be costly .However this is not true. There are many real estate investing courses, which offer value for money. Real estate investing courses have gained immense popularity of late and have become a universal investment tool. Even though the real estate market has abundance of prospects for generating huge revenues, purchasing and owning real estate is more complex than investing in bonds and stocks.

Noc said...

There’s a lot of real estate investing courses out there to teach us how to earn a lot. Honestly, who’s the best among them? Do any of their preaching really work in the real world? At the very least, who’s the real deal among them?

Many those of you may have experienced buying tons and tons (and eventually more tons) of books, ebooks, subscribing to a great deal of real estate investing courses, hoping that great and satisfying results will follow. And yet you didn’t get what you really want, which is the know-how to earn a lot in such a short time!

Johnny said...

Interesting post.

According to real estate business experts, one of the secrets in real estate investing is never fell in love in the property that you are going to flip or else you might fall into the owning trap. So to avoid it, when you buy a property, view it as a job. One of the biggest challenges that the house flippers encounter is that they usually fell in love with the home they have purchased and it’s not easy to let go for them. In fact, most of them have end up in keeping the house which was intended for sale.

Andrew said...

Always the first step towards making that good real estate investment is the planning stage.



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Andrew
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