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Are You In Category 1, 2, or 3?

  • Written by J. Lamar Ferren No Comments Comments
    Last Updated: March 2nd, 2009

    I can’t tell you how many “investors” I come across telling me that Real Estate Investing Is Dead and we’re in a recession and blah blah blah….

    Although we are in a recession,  I still feel that this is the best time to buy a home or invest in real estate.

    I mean what the heck are you waiting for…

    Oh let me guess…

    You want to wait for the economy to get better and then you’ll start investing right?

    There’s only one thing that’s wrong with this concept…

     

    When the economy gets better, prices will rise!

    Did you forget that part?

    Prices will go back to where they were and you won’t see as many rock bottom investments like you do now. Sellers are dropping the prices because they need to sell and they need to sell fast. They’re more motivated than ever before! That is why the smart investors are making money everyday in this 2008 market! All they do is find a solution for these sellers and BOOM! Problem Solved….

    Now I bet you’re gonna tell me there aren’t any buyers right? You’ve gotta be kidding me. Buyers are all over the place. Who doesn’t want to own a home.

    Now before You call me crazy…I will admit. The Pool of Buyers Has Decreased. There I said it…

    But!

    The reason buyers are decreasing is because they can’t get financing like they used to. If buyers can’t get the cash then they can’t buy homes. And if they can’t buy homes, then the sellers can’t sell homes…right?

    So How do you solve this problem?

    Simple! You help the buyers find the Cash. Get a Buyers Website, Grow Your Buyers List, and educate them on how to find the cash!
    How hard is that? Most “Investors” will tell you those days are over, but all you have to do is ask the following:

    -What about Private Lenders?
    -What about Owner Financing?
    -What about Lease Options?
    -What about Cash Buyers?

    If they say this doesn’t exist, then run away and run fast! You can either do nothing and make $0 no money or do something and make tons of money!

    When I was wondering why so many people were dropping out of real estate, Here is what one of my Mentors told me:

    Lamar,

    There are 3 types of people in the world. And over the next few months these people will be identified by their actions.

    1. There are people that make things happen.
    2. There are people that watch things happen.
    3. There are people that ask “What happened?”

    Do not watch things happen around you.

    Do not be on the short end of the stick
    of the economy and ask “What happened?”

    I don’t know about you, but I choose to be in Category #1.

    Leave a comment and let me know.. Which category you are in and why?

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