Real Estate"s Secret Niche
Real estate investing has many different facets.
There is investing for the long term, the short term and our secret real estate niche.
By long term, we normally think of holding an investment and then renting it out.
Most purchases for the long term are made using leverage, a small down payment and the balance covered with a mortgage.
The monthly rent should cover the mortgage payments, taxes, insurance and repairs and eventually pay down or off the balance.
A disadvantage is you have the ownership problems of dealing with tenants and toilets.
In the short term, there are several investment techniques.
Most folks are somewhat familiar with "flipping".
You find a property that is in distress, buy it, fix it up and sell it and hopefully make a profit on your efforts.
However, there is a secret real estate niche where savvy investors are making guaranteed double digit returns.
This is possible without needing to deal with tenants and all of the other problems.
A guaranteed double digit return sounds too good to be true.
But, I can speak from personal experience and assure you it is true.
Over the years, my wife and I have made unbelievable returns and then shared the techniques with a few friends.
This niche is tax lien certificates.
It works like this: when home owners don't pay their real estate taxes on their property the local county government puts a lien on the home.
This is called a "tax lien" and usually gives them a period of time in which to make good.
Since the taxes are needed right away, someone has to come out of pocket.
In this case, someone such as "you" gets the opportunity to pay the outstanding real estate taxes (often just a few $100's to seldom more than a few $1,000).
What is in it for you? The county government has set up a program that gives you a guaranteed profit to do so.
There two ways for you to win.
First, you pay the taxes for the homeowner now, and they pay you back within an established period of time with interest on top of what you paid.
The interest rate that is guaranteed and collected by the county government is much higher than normal, as high as 24% in some states.
Second, in the event the homeowner fails to pay you back, the county government will deed you the property, free and clear.
And, all you have invested is the small amount of the taxes.
This is the only No Risk Money Making Opportunity available anywhere.
There is investing for the long term, the short term and our secret real estate niche.
By long term, we normally think of holding an investment and then renting it out.
Most purchases for the long term are made using leverage, a small down payment and the balance covered with a mortgage.
The monthly rent should cover the mortgage payments, taxes, insurance and repairs and eventually pay down or off the balance.
A disadvantage is you have the ownership problems of dealing with tenants and toilets.
In the short term, there are several investment techniques.
Most folks are somewhat familiar with "flipping".
You find a property that is in distress, buy it, fix it up and sell it and hopefully make a profit on your efforts.
However, there is a secret real estate niche where savvy investors are making guaranteed double digit returns.
This is possible without needing to deal with tenants and all of the other problems.
A guaranteed double digit return sounds too good to be true.
But, I can speak from personal experience and assure you it is true.
Over the years, my wife and I have made unbelievable returns and then shared the techniques with a few friends.
This niche is tax lien certificates.
It works like this: when home owners don't pay their real estate taxes on their property the local county government puts a lien on the home.
This is called a "tax lien" and usually gives them a period of time in which to make good.
Since the taxes are needed right away, someone has to come out of pocket.
In this case, someone such as "you" gets the opportunity to pay the outstanding real estate taxes (often just a few $100's to seldom more than a few $1,000).
What is in it for you? The county government has set up a program that gives you a guaranteed profit to do so.
There two ways for you to win.
First, you pay the taxes for the homeowner now, and they pay you back within an established period of time with interest on top of what you paid.
The interest rate that is guaranteed and collected by the county government is much higher than normal, as high as 24% in some states.
Second, in the event the homeowner fails to pay you back, the county government will deed you the property, free and clear.
And, all you have invested is the small amount of the taxes.
This is the only No Risk Money Making Opportunity available anywhere.
