| The stock market is very unstable at this time | | | | roller coaster stock market ride. I figured out how |
| going up and down while interest rates are so low | | | | to do it and it really works. I have done it before |
| you want to be a borrower and not a lender. | | | | and I know many now retired senior citizens that |
| Would you like some suggestions on how can you | | | | have done it in the past. |
| get the most out of low interest rates while being | | | | The problem today with most 50+-year-old baby |
| assured your principal will not disappear while you | | | | boomers is that they never got started in build a |
| are trying to make some money? Of course, | | | | retirement fund. So now, instead of having the |
| there is always the danger of borrowing the | | | | normal 30 years to build a retirement fund, they |
| money and then spending it just because it is | | | | need to be there in 10-15 years. It might take |
| there. | | | | one year of financial hell to come up with some |
| So, would you also like to know what is the best | | | | cash. (That means no money for anything except |
| way to borrow money at today's low rates | | | | accumulating cash) But after that, it can be a |
| without spending it? Buy real estate. Not any real | | | | sweet painless ride to wealth. The best part is the |
| estate but real estate that will hold its value, even | | | | possibility of failure is less than 10%, if my steps |
| if single family houses go down. It is apartment | | | | are followed |
| buildings. Because apartment rents are still going | | | | First: The money is not touched for 10 years. |
| up, the value of apartment buildings have the best | | | | That is why a trust fund, IRA or a self directed |
| chance of appreciating while everything else goes | | | | retirement plan is a great place to put this. |
| down. | | | | Second: I have taken my 30 years of real estate |
| Low interest rates mean that you can have a | | | | experience to develop exactly which properties |
| positive cash flow at real estate purchase prices | | | | will give the biggest appreciation and cash flow |
| you would have lost your shirt on, even two | | | | and also be the best risks. Interestingly, almost |
| years ago. Rates are currently 4.5% to 6.5% | | | | everyone I talk to picks the wrong locations to |
| interest rates when we used to pay 9% for | | | | buy until they hear the whole list of criteria. |
| apartment loans just a few years ago. | | | | Now that I have told you the lazy man's way to |
| Apartments have become a better investment | | | | riches, let me tell you the downside. You have to |
| for two main reasons. First, carrying costs | | | | have the correct timing on your purchase. In Dec |
| (interest costs) have been going down. Second, | | | | 2001, everything was in place to do these two |
| income has been going up, substantially. Can things | | | | programs, in Los Angeles County. Unfortunately, |
| be better than this? YES IT CAN. | | | | by July 2002, the numbers didn't work any more. |
| I have developed two programs. One is to take | | | | They did still work in Florida, for example, but not |
| people with a small net worth and build an estate | | | | in Los Angeles. What happens is that prices go up |
| or self directed IRA (tax free retirement plan) | | | | after the rates go down. The seller sees how |
| that is worth up to $800,000 in 15 years and that | | | | good a deal the buyer can get and raises the |
| generates an income of $60,000 per year with | | | | asking prices. So! Your timing to start these |
| both still going up after that. | | | | programs is very important. Do not be |
| For those that can put together $100,000 to start | | | | discouraged, though. If the numbers do not work |
| I have developed a second program where the | | | | today, it will work sometime tomorrow. The |
| numbers come in at $1,300,000 net worth, with a | | | | system is sound, and since we are talking |
| $100,000 annual net profit and in only 10 years. | | | | long-term wealth accumulation, a little patience can |
| Unbelievable? And, with low risk as well! This | | | | go a long way. |
| comes out to be a 25% annual return with no | | | | |