Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas
Format: PDF / Kindle (mobi) / ePub
Emerging Real Estate Markets
"In this book, you'll discover how to snatch real estate opportunities at low prices, before their value becomes common knowledge. Buy all the copies on the bookshelf before your competitor does!"
--Frank McKinney, "The Maverick Daredevil Real Estate Entrepreneur" and author of Frank McKinney's Maverick Approach to Real Estate Success
"I've never seen another real estate book even come close to laying out a profit road map the way this one does. If your local economy is too hot or too cold, Lindahl's guide will show you how to invest in the up-and-coming markets with the greatest profit potential."
--Stacy Kellams, President, www.RealEstateCourseReviews.com
"Lindahl shows you how to look into the future and see where the next hot real estate markets will be. It's the closest thing I've found to a real estate crystal ball."
--Jeff Adams, President, www.FreeRealEstateMentoring.com
"The brilliant thing about this book is Lindahl's approach to investing by 'remote control.' He has a real-world system for living in one place and making money from investments in another."
--William Bronchick, attorney and coauthor of Flipping Properties
"In the crowded field of real estate gurus, Lindahl stands head-and-shoulders above the rest. This book is must reading for any serious investor--beginner or veteran."
--Justin Ford, author of Seeds of Wealth and Main Street Millionaire
continued to own my properties in Brockton, I was going to lose equity, and would have to wait for another emerging market cycle. This could take years. I didn’t want to wait! And I certainly didn’t want to lose any of my equity. I started a nationwide search of other markets in the United States that had the potential to emerge and soar in value the way Brockton did. I figured I could sell my Brockton properties near the peak, and put that money in at the bottom of the cycle in other markets.
answer so you can best service your tenants. Do NOT ask these questions of prospective applicants, or even describe a common tenant profile to them when they are applying! This could easily be seen as a discriminatory act, and there are stiff penalties for discrimination. What you want to do is the perfectly legal and moral act of paying attention. There’s an old saying: “People will move heaven and earth to buy from you, if you give them what they want.” It’s proven every day, with lines
tenants dealing drugs? • How much do you pay in rent? • Has rent increased in the last year? These are the kinds of questions that are going to tell you a lot about a property, its tenants, and its owner. Ask these questions as they are showing you around their unit. While on the tour, look for deferred maintenance. You’ll start to get an idea of how many repairs may be needed in this unit and most of the others. “But Dave, Why Would the Tenants Possibly Want to Answer All My
Even if you find one that will, have the current owner remove the asbestos before you buy. If you don’t, you will be the one required to remove it, when it’s time for you to sell the property. Lead Paint The federal government has a law that prohibits children under 6 from living in units where there is lead paint that’s not in compliance with the laws. Compliance basically means that there are no mouth-able surfaces below six feet, and all the paint is intact (not flaking or peeling).
impression. Then you follow up at least once a week. When the broker sends you a deal, if the numbers work, then great! You got your first deal. If the numbers don’t work, then it’s time to pick up the phone and explain to the broker why those numbers don’t work for you, and re-explain you criteria for investing. You’re doing two things by following up like this: You’re training the broker on how you invest; and you’re building rapport by getting quality time with that person. Most investors