demoff - bubble proof; rear estate strategies that work in any market (2007)

[...]... important things in life and how to fold what you learn here into life-changing action steps Soon you’ll realize that, what worked when you bought your first property can work again and again, and that you can develop a solid array of property holdings Using the tools you’ll discover in my book, you will become a careful, informed and successful real estate investor You’ll work with a results-oriented... mortgages in Part Two.) But in the Bubble Proof strategy, your first house is just one of many steps If you follow the courses of action in this book, they will change your life My strategies can be adjusted to work in any market What differentiates Bubble Proof from other real estate books is this: Your success does not depend on gaining any special “insider’s information”; it depends on your tak- Bubble. .. learn more by doing than by reading or watching Even the mistakes that you will make will bring you closer to your goals than if you do nothing at all Real estate investing has meant total freedom and enjoyment for me in my life It has given me the pleasure of traveling, branching into new areas and helping many people break free of their economic bonds Thanks to real estate investing, I have more... never be convinced that real estate can be a winning investment strategy They’ll point to anomalies, like the post-Katrina Gulf Coast, or the unfortunate collapse of Detroit’s auto-based economy or even the latest land-speculation scandal in a retirement community, as their rationale for doing nothing and getting nowhere Bubble Proof.qxp:Layout 1 2/1/07 1:49 PM Page 24 Tonja Demoff 24 Yes, Katrina was... rewarding Real estate is always in demand Someone is always buying, selling or investing in property, so there’s always a market for it Its major segments — residential, rental, commercial— don’t move in lockstep, so that a diversified “real estate portfolio” can be built and adjusted for performance Even in downturns, some segments of the real estate business actually gain In the recession of 199 9-2 001,... another based upon anything headlined “newest” or “latest.” In our media-saturated nation, having too much information can be just as crippling as having too little; either way, you’re still in the dark I also want to give you some insights into so-called “bubbles” in the real estate market, because the term itself is bandied about too often with no real context I trace the word’s current meaning to the Japanese... believe that you can change your life in an instant that a single decision in a split second can change your path forever The catch in real estate acquisition is in knowing how your decisions will most likely affect your financial future, and indeed, your entire life Making the decision to become wealthy is only the beginning It’s a hollow promise unless you set your life’s course toward achieving financial... discipline, hard work and satisfying returns I have made my millions as a real estate investor by following my basic procedures religiously, and understanding that money obeys a set of laws Additionally, like any other goal in life, you have to think as if you’re already successful if you want to become a wealthy real estate investor We will discuss that as well * * * I’ve been interested in real estate. .. upwardly mobile women and minorities, “empty nest” baby boomers and so-called “Generation Y” young adults Senior citizens are living longer and thus becoming more numerous, increasing the demand for vacation homes Lenders will continue to trim costs and cut red tape, removing much of the intimidation and delay in buying real estate Mortgages will continue to come in ever-increasing varieties, so more people... since I was 18 years old The realty business appealed to my sense of independence and unlimited income So, I enrolled in numerous real estate programs and tried to attend every real estate seminar that came to the local convention center I will never forget the day I finally realized that none of these instructors and seminar trainers were really teaching me how to do real estate They were just taking . alt="" Bubble Proof.qxp:Layout 1 2/1/07 1:49 PM Page ii BUBBLE PROOF Real Estate Strategies That Work In Any Market Tonja Demoff Bubble Proof.qxp:Layout 1 2/1/07 1:49 PM Page iii BUBBLE PROOF Bubble. infomercial. I am living proof that my methods work. And if you follow the advice and guidance in the chapters that follow, I’m convinced that you can become wealthy in real estate too—while protecting your portfolio. here into life-changing action steps. Soon you’ll realize that, what worked when you bought your first property can work again and again, and that you can develop a solid array of property holdings.