Realty411 Magazine The Future of Real Estate is Here | Page 39

S ensei Gilliland, of the extremely successful 12 ROUNDS real estate investors club and Black Belt Investors, just gave us the scoop on Remote Re- habs SM , and where to find big spreads like it was 2010 again… The U.S. housing market may be even hotter than the club house fireplace at this time of year, but many new and veteran real estate investors alike are finding themselves battling heavy competition, rapidly rising prices and the logistical challenges of out of area investing. Sensei Gilliland’s simple “Find it. Fix it. Profit” mantra hasn’t just helped him come through some of the toughest years the U.S. housing market has ever experienced unscathed. It has evolved into the formidable weapon many rapidly growing investors, portfolios and investment businesses are crediting with using to get the edge – Black Belt Investors. In the past four years Black Belt Investors has been respon- sible for an incredible number of transactions. A big part of this certainly has to do with the focus on investing in the individual success of other investors. Rather than simply trying to pitch investors or consumers on a product, or overpriced inventory which needs to be shed, Black Belt Investors offers a full suite of assistance from education to investment opportunities to coaching and hard money lending in order to help all investors grow from the ground up to achieving their personal goals. Sensei explains this unique approach has helped many with their own breakthroughs, and just making what they were already doing better. This variety of strategies has helped others to reduce risk and hone in on what they really want more of. To date Sensei Gilliland’s students have used these strategies to generate cash via flipping houses, lease options and owner financing. Still, when asked which was his favorite real estate in- vestment strategy for 2014, Sensei says he is still bullish on Remote Rehabs SM . Remote Rehabs SM enable global investors to benefit from ac- cessing discounted properties, adding value and either flipping them for sizable, fast profits or holding them for ongoing cash flow and passive wealth building. Satisfying the demand for strong returns and below aver- age acquisition costs, with the perk of having multiple exit strategies to choose from, Remote Rehabs SM enable investors to engage in the most profitable markets, at the right times and leverage expert teams to maximize their returns. Obviously the biggest question most have today is where to engage in remote rehabbing? Black Belt Investors continues to see primary markets such as Las Vegas, Phoenix, and Southern California as the territo- ry of wealth builders with an extremely long outlook, or who are okay with modest yields in exchange for enhanced safe- ty. These markets continue to attract plenty of domestic and foreign interest, yet to a certain extent have suffered due to this popularity. Rental property investments in these areas can be great for long term hold and wealth preservation, but lack the advantage of rapid price appreciation today. Secondary is the new primary according to real estate experts and analysts across all industry sectors. Sensei Gilliland points Realty411Guide.com to secondary markets such as Kansas City, MO and Indianapo- lis, IN as offering a superior solution for those seeking a blend of appreciation and cash flow. However, for those looking for rapid wealth building Sensei’s top pick for Q1 2014 is Cleveland, OH. As he puts it “Cleveland, OH is now like Southern California in 2010,” It’s ripe with pent up equity, offering tremendous ben- efit to cash flow and value seeking investors.” Put simply Sensei sums up the current opportunities as being able to “pick up a beautiful home, in a good suburban neighborhood, with a strong cap rate,” but warns “the window of opportunity is short.” Right now Sensei paints a good example of this opportunity as being able to scoop up one of these homes which previous sold for around $100K, for just $45K. He also points out some of the benefits of this market right now include: 1. Getting ahead of hedge funds (and profiting from the rise they will provide later). 2. Affordable homes. 3. Cleveland is pumping millions into revitalization. 4. A city committed to avoiding developing a reputation like Detroit, and determined to maintain and lift local property values. 5. A county invested in the success and protection of real estate investors through ‘point of sale’ check, home inspection reports, monitoring contractors and ensuring investors are not overcharged on rehabs. This is backed up even further in recent news headlines: • Q3 2013 figures from Ohio banks show $2B in REOs and $35B in non-performing residential loans on their books. • On Oct. 17th, 2013 it was revealed Starwood Hotels & Resorts Le Meridien brand was joining the Cleveland rebirth with a new luxury hotel. • Nov. 4th, 2013, Crain’s declared “Cleveland is in the vanguard of urban revitalization strategies.” • Forbes says more than $3.5B is currently being invested in redeveloping the Cleveland area. Most real estate investors are probably familiar with the con- cept of turnkey and remote investing. So what really separates Black Belt Investors from the rest and has fueled the firm’s success? Sensei says the real differentiating factor in working with BBI is that unlike other investment firms and the endless line up of gurus out there which all appear to be punting their own inventory, much of which is being sold at, or even above market rates is “built in value, and being able to make acquisitions at wholesale rates.” Rather than picking from an old menu of stale listings which have been turned down by other investors, those investing through the Remote Rehabs SM program are helped to find hot and fresh opportunities, which meet their individual criteria and investment objectives. Find out more about Sensei Gilliland, Remote Rehabs SM , and request your free copy of Black Belt Investors’ Cash and Wealth Report online at: www.BlackBeltInvestors.com PAGE 39 • 2014 reWEALTHmag.com