To be a successful Entrepreneur you must have both active and passive income. This is what the truly wealthy people do. So I have included this months newsletter from my other website www.StrategiesOfaTycoon.com to help educate you in making money from the real estate market and generating passive income.
Remember it doesn’t matter where you start. Learn everything you can and take action. So here is a key strategy to learn in real estate investing.
Welcome to the Strategies of a Tycoon Newsletter
Whether you are a novice investor, an intermediate investor, or a full time professional real estate investor, in this newsletter we will share new and exciting insights into the world of real estate investing. You will learn the hidden strategies of world renowned real estate tycoon Dolf de Roos, author of nine books including the New York Times best seller Real Estate Riches (published by Wiley & Sons). These strategies have never before been revealed to the public.
Andy Fuehl is an NLP Master Practitioner and author of Profiting in Turbulent Times and Wealth Without a Job: The Entrepreneurs Guide to Freedom and Security Beyond the 9 to 5 Lifestyle (published by Wiley & Sons). He successfully extracted the hidden strategies from Dolf de Roos’s subconscious mind, which you will learn about in this newsletter. When you understand the hidden strategies and apply them to your investing strategy you too will become a successful investor.
Investing Strategy
Last time we discussed buying at the right time. This is where you make your money. Let’s take a look at another factor when it comes to buying right: appreciation rates. Appreciation Rates can increase your profits tremendously.
Appreciation rates in Phoenix may have been handsome (certainly compared with other parts of the country), but rentals had not kept pace with capital growth, meaning that many rental properties had negative cash flow. Having negative cash flow (being negatively geared) means you pay to own this property each month. It is difficult to build an expanding empire with negative cash flow!
The Las Vegas market at the same time was appreciating at rates between eleven and thirty five percent per annum. With this type of appreciation rate, even if you are negatively geared for a while, your equity in the property will build rapidly. Once you have enough equity in the property you can go back and refinance it and pull money out to continue investing in others. This doesn’t mean that you should pursue properties that will cost you money every month. There are plenty of deals out there that will positively cash flow even in a hot market.
To Your Success,
Dolf de Roos and Andy Fuehl
PS: To learn more about Real Estate Investing and sign up for the Strategies of a Tycoon Newsletter visit my website Strategies of a Tycoon and learn to build true wealth.
© Copyright 2006 – Andy Fuehl – All Rights Reserved
Filed under Creating Wealth by admin