Realty411 Magazine Featuring Tom Wilson | Page 114

Adiel Gorel, Optimal Real Estate Investment, pg. 19
dow” is open. Investors can finance
up to 10 residential properties using
conventional 30-year fixed rate
loans (if their credit permits). With
some maneuvering, married couples
may be able to stretch it to 20. If you
are under that 10 (or 20, as the case
may be) property barrier, it would be
quite a smart move to buy SFHs and
utilize the incredible loans you can
get. You may wish to pay the loan
off in 16 years to pay for your kids’
college education (SFHs are effec-
tive at this – especially if they don’t
go through a crazy 10-year cycle as
‘
keep up with our life expectancy).
The busy professional investor
would be well-served to realize that
action is paramount. I have seen too
many people get stuck for years –
even decades – thinking they have
to become experts on every facet of
SFH investing.
While education is of great impor-
tance, the “paralysis of trying to get
ever-more educated” has stopped
many an investor from achieving
their financial goals due to lack of
action. In the field of SFH invest-
ing, local property managers can be
would say owning a few dozen SFHs
for an experienced mentor is probably
a floor if they are going to lead you
down the SFH investment path), then
they may not have much more exper-
tize than you do. It is easy, nowadays,
to verify properties owned, since the
county recorder’s data for most US
counties is online.
The question is WHERE should we
look in 2016 to invest in SFHs? This
is important this year since there are
markets which have rebounded very
strongly since 2012 in the aftermath of
the recession, to the point that SFHs
While education is of great importance, the “paralysis of trying
to get ever-more educated” has stopped many an investor from
achieving their financial goals due to lack of action.
we had from 2004-2014). You could
aim for the properties to be paid off
at your retirement date (or the sav-
vier move is just realizing how low
they have become and let inflation
keep eroding them as equity grows
into your retirement years, providing
financial growth well into the future
in the face of ever-increasing lifes-
pans and the need for our finances to
PROFITABILITY
used, and they are plentiful in large
metropolitan areas (which I recom-
mend investing in). Knowledgeable
local brokers can help a great deal
as well. In addition, there are outfits
with experience, which could “hold
your hand” and help you. Experience
is key! Just ask the expert you know
how many SFHs they actually own.
If they don’t own very many (I
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PAGE 114 • 2016
’
are priced too high to be a good in-
vestment. There are also some markets
that have become “hot” in 2014-2016,
also driving them to be too expensive
to make sense.
I will follow this article up with an
article dedicated to this very subject
(there is a lot to say!). I will also be
speaking at selected Realty411 events
in California and will discuss this
more in further detail.
In addition, I, and
our company, have
been holding 1-day
events for over 20
years with market
teams, expert speak-
ers, extensive Q&A
and networking etc.
During our events I
will, of course, cover
many subjects in
detail, including this
one.
Looking forward,
Adiel Gorel
reWEALTHmag.com