Realty411 Magazine Featuring Tom Wilson | Page 28

regularly publish various ‘top 10’ lists claiming to predict which markets may be the trendiest or see the most price appreciation over the coming months. Unfortunately, while many investors are diligently working the numbers on po- tential deals, are completing due diligence and inspections, and are obtaining insurances – they are missing the most important factors that can really dictate their success. Just as the stock and re- tirement savings market is horrifically skewed based on tracking the wrong figures, or what the price to get in is to- day, many real estate promot- ers are advertising the wrong figures too. In fairness, this market appears to be 90% or more made up of individuals who have only gotten in since 2008. They may not know any better. Others are only focusing on filing their pock- ets today, with no concern for tomorrow. They are encour- aging the public to follow that plan too. Some are clearly heading off a cliff within the next 10 years, or less. SENSEI’S PHILOSOPHY I have a little different view. Making money today is great. Real estate can deliver on that. What’s most important to me is building a sustainable business, which will provide my family a sure stream of passive income, and assets which can stand the test of time to ensure they’ll always be taken care of in my life- time, and well beyond. Realty411Guide.com That means focusing on a slightly different data set than most. Specifically it means focus- ing on the numbers in the local market, not just crystal ball pre- dictions on a particular property. SOME SCARY DATA EXPANDING OUT THERE INCLUDES: ABOUT SENSEI GILLILAND Founder of Black Belt Inves- tors, Sensei Gilliland has been featured on the cover of Real Estate Wealth magazine, hosts ‘The West’s Top Ranked Real Estate Investors’ Club’ – 12 ROUNDS, and has engineered several highly popular trade- marked real estate investment systems. Sensei is the go-to source for serious investors and entrepreneurs seeking extreme- ly effective, no-holds barred training, investment properties, and funding. CONTACT INFORMATION: Black Belt Investors 951.280.1900 or www.BlackBeltInvestors.com PAGE 28 • 2016 • Orlando, FL topping 177% on the affordability index, mean- ing it costs almost double the average wage to secure housing there • Yesterday’s hot cities, like Miami, now full with over 24 months of home inventory • The number of investors tak- ing out 10-year balloon loans on portfolios of rentals What I want to know is: • How strong is the local econ- omy? • What direction is the local economy headed in? • How long will it last? • Can properties in this location continue to produce positive cash flow? • Will I be able to sell this prop- erty for a profit in the future? • What are my viable exit strat- egies? While it is always important to pay attention to what you are buying, and to make sure the in- dividual investment makes sense, and is profitable, the location can be far more important. There are plenty of fabulous looking properties, which have fallen into ruins because the area burned out. There are luxury estates and condos in ‘hotspots’, which have lost millions in equity. Then there reWEALTHmag.com