The popular opinion heard on the street is that real estate investing is a risky venture. Is it not especially so in a market like today where plummeting home values, rising foreclosures, and a multitude of woes are emphasized on nightly news programs and other forms of media? So how can we possibly consider this a viable option in today's economy?
What most people fail to realize is that historically the greatest fortunes are made in times of darkest gloom. For the savvy investor, low prices in all areas of business (including real estate) are a bargain-hunter's dream! Robert Kiyosaki puts it very succinctly: I am not afraid of the coming economic changes...because change means wealth is being transferred. Most people, however, run after the trends. Like everyone else, they buy when prices are high and sell when they are low, proverbially "shooting themselves in the foot." To such untrained individuals, and for those who refuse to think "outside the box," real estate investing is indeed very risky and should be avoided.
But for those willing to learn and/or to ferret out those who know, now is the time to accumulate a portfolio of properties as another Passive Income stream. These will eventually be converted into legitimate "paper" that will provide "bank-like" income for the next 30 years. How many of these are needed to provide for your retirement?
In this session of Developing Your Financial IQ, we will review the current economic trends, identify and explain primary areas of opportunity, and examine how the Internet has changed the face of real estate investing. The convergence of these parameters all point in the same direction. We will also discuss issues confronting the novice investor and suggest ways of profiting from the wholesale market for those with limited investment capital. A special report titled Why Invest in the Foreclosure Market will be made available to all registered class participants. ...
This Meetup will begin at 6:30 pm with 30 minutes for review of the previous session topic, discussion of individual needs, and general socializing. It also gives everyone adequate time to arrive before formal class starts promptly at 7:00 pm. Class will end precisely at 9:00 pm. To receive maximum benefit, plz remember to print and bring with you the class notes that will be made available to all registered attendees the day before this meeting.
REGISTRATION FEE: A charge of $10.00 per person will be assessed through PayPal for both members and guests.
REFUND POLICY: While the Meetup Policy indicates "No Refunds" that is not exactly true. Members who have paid and discover - up to 48 hours prior to the class - that it will be impossible to attend will be credited for registration at the next scheduled meeting. This applies to members only, not guests.
PLEASE NOTE: This Meetup is for educational purposes only and is NOT intended for promotion of specific products or services.