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There are a lot of naysayers out there. You know the type: they spend every waking hour perusing internet forums, discouraging people from taking action. The problem is, the people that say you can’t are usually the very people who have never even tried. And one thing those kinds of people love to say is, “You can’t make money investing in low cost real estate!”
Instead of listening to someone who’s never done it, it's much better to take advice from someone who has. On this episode of Investing in Real Estate, Robert Shemin is back to bust common myths about low cost housing, C class neighborhoods, and more! Don’t miss episode 116 of Investing in Real Estate!
More About This Show
If you’re unfamiliar with Robert’s story, this is the third time he’s been on the podcast. You can hear him on episode 28 and episode 31. Here’s a quick overview: Robert is a millionaire real estate investor and New York Times Best Selling author. He’s grown his portfolio largely through investing in low cost properties.
When asked if it’s possible to make money in real estate by purchasing low cost properties, Robert countered that not only is it possible, it’s probable! In C neighborhoods, it’s much easier to find profitable deals where the cash flow is high.
Robert loves these types of properties, because he finds it’s fulfilling to take a low cost house and turn it into a great, stable home for a hardworking tenant. Contrary to popular belief, Robert thinks the quality of tenant is high in a low cost property. He finds that tenants in these areas honestly appreciate their property, take care of it, and are generally good people.
On today’s show, Robert is sharing the truth about low cost real estate properties. We’ll discuss the quality of tenants, economic collapse, markets, and more! Robert has so much wisdom to share; join us for this episode of Investing in Real Estate!
If you’re ready to begin building a passive income through rental real estate, book a FREE call with my team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you’ll learn:
- What are the benefits of providing Section 8 housing?
- What is a home warranty, and what purpose does it serve?
- What are the two biggest myths Robert hears about low cost properties?
- How can you build appreciation into your investment purchase?
- And much more!