How to Get Rich in Today's Economy!
How to Get Rich in the Coming Recession!
With the Dow Jones dropping over 1300 points since Election day, and another 400 points today, Asian markets in the toilet, investors worldwide are wondering where to park their cash, if they have any left. The pundits are calling it the “End of Wealth“. As threats of doom and gloom pervade the day, the crash of the stock market pales in the light of the unemployment figures released at over 1.2 million. In layman’s terms, that is the size of the city of Dallas, Texas.
With car manufacturers crying to the government for a 25 M bail- out, where is the “Ordinary Joe” supposed to go with his dough? Angelica Wagner, a top US foreclosure expert has learned a lot about the American economy. In contrast to the twenty-five years of Canadian experience she had working in both residential and commercial real estate, Wagner’s American experience has been exclusive in areas of high bulk foreclosure markets and large investment portfolios. She believes that the next two years will make the difference between rich and poor, seeing more millionaires being made now than in the last decade. Why? Has land ever disappointed you? Has owning real estate ever been a mistake?
The term called “leverage” is the differentiating factor. Our greatest strength has been also been our greatest weakness as it has brought us to this time of desperation. Leverage, however, applied in markets that have bottomed out can change your life! This one fact changes today’s course in history for investors looking for long term gains. Although leverage was excessively applied to mortgages in states like California, Florida and New York, where greed and fear prevailed in the past few years, leverage correctly applied will make those same investors, a fortune. In today’s markets, places like Ohio, Indiana, Michigan, Missouri, and Illinois boast of homes that can be purchased for fifteen(.15) to thirty five cents on the dollar (.35). These locations become safe haven for wise investment cash.
California, Florida, and New York markets still have not settled, and expect to fall below fifty cents (.50) on the dollar, with Florida dropping another 25% before year end.Four tips from the expert in buying foreclosures:
1. If you want to negotiate one pre-foreclosure sale, remember that the property owner who falls behind in their mortgage payments is frequently unable to maintain the home, and the exterior will show this.
2. Properties sold at foreclosure sales and auctions are sold “as is” and must be repaired, often at considerable cost, before they can be resold on the market.
3. Potential buyers of auction properties may not have the opportunity to inspect the property before purchase.
4. Foreclosure properties may also be encumbered by tax and other liens, which become the responsibility of the owner after the foreclosure sale. It is likely that these homes cannot be covered by title insurance, so research, research and more research, is the key to uncovering the secrets of a foreclosed property before purchase.
With the banks needing help to dispose of these homes, large bundles of homes in safe markets can be bought at deep discounts by high volume companies. These homes can then be renovated, rented with huge long term profit in both equity and cash flow, and eventually sold at greater gains in coming years. Canadian, foreign and USA investors are invited to call the expert for bulk purchases in the USA with all deficiencies, titles and liens cleared:
Angelica Wagner, Vice President @ USA Wealth Institute 949.975.0544 for further information. posted by Angelica Wagner @ 3:04 PM
Wednesday, November 19, 2008
Tuesday, October 7, 2008
You will come to understand that everyone started somewhere. It's never too late to start, and that with some coaching, a little knowledge and some Math, you can make the rest of your life the best of your life. Join the ranks of of the happily unemployed, now self-employed, as investors in real estate, or entrepreneurs on your life journey. The check that comes from a cash flow positive property deposited into your account, or the flip property that has just cashed in creates a huge thrill. Not just a great paycheck , it's a great pay back for your courage., and living life on your own terms.
The next 3-6 months will be critical in identifying and purchasing properties at wholesale cost. At this time of year, the sellers are most anxious, the financing at it's best, and you can make the most $$$$$ on your real estate. Begin to do your research now, because the spring will bring a plethora of abundance for those of you who have done your homework and are savvy with the key points of a great investment property.
You've heard me say, "Never keep a non-performing asset, and that includes stocks, bonds, real estate, and your spouse." The next 6 months are the time to look at your portfolio, look at those that are keepers and those whose time it is to go, and make your dreams come true in 2007. You get to take care of your personal life on your own. Katherine Hepburn said; "Women ; If given a choice between money and sex appeal, take the money. As you get older, the money will become your sex appeal."
At this website, you are welcome to all the free downloads, pod-casts and take homes that you can carry. We hope that
you know that without you we do not exist, and that we invest ourselves to serve our students, friends and family who visit us here. So please pass this site along to your friends and family, share the wealth, share the information and share the knowledge. We ask that you drop us a line and let us know how we are doing to serve you, and how our information of wealth creation has changed your life.
It is said that the " 'Path to a friend's home should be often trodden" . We want to provide a safe and consistent path on your journey to success. May you be blessed in abundance and come back to visit us to be informed, often. We also hope that once in a while you will want my signature on my latest book,audio, or training and that you will also tell us what tips and pointers most helped you along the way.
Thanks again, and come to visit again soon. Angelica Wagner
The next 3-6 months will be critical in identifying and purchasing properties at wholesale cost. At this time of year, the sellers are most anxious, the financing at it's best, and you can make the most $$$$$ on your real estate. Begin to do your research now, because the spring will bring a plethora of abundance for those of you who have done your homework and are savvy with the key points of a great investment property.
You've heard me say, "Never keep a non-performing asset, and that includes stocks, bonds, real estate, and your spouse." The next 6 months are the time to look at your portfolio, look at those that are keepers and those whose time it is to go, and make your dreams come true in 2007. You get to take care of your personal life on your own. Katherine Hepburn said; "Women ; If given a choice between money and sex appeal, take the money. As you get older, the money will become your sex appeal."
At this website, you are welcome to all the free downloads, pod-casts and take homes that you can carry. We hope that
you know that without you we do not exist, and that we invest ourselves to serve our students, friends and family who visit us here. So please pass this site along to your friends and family, share the wealth, share the information and share the knowledge. We ask that you drop us a line and let us know how we are doing to serve you, and how our information of wealth creation has changed your life.
It is said that the " 'Path to a friend's home should be often trodden" . We want to provide a safe and consistent path on your journey to success. May you be blessed in abundance and come back to visit us to be informed, often. We also hope that once in a while you will want my signature on my latest book,audio, or training and that you will also tell us what tips and pointers most helped you along the way.
Thanks again, and come to visit again soon. Angelica Wagner
Subscribe to:
Posts (Atom)