CW Blogcast 49 - You're welcome.

05/07/13 • 2 min

At some point, most of us realize that life is a gradual process of acquiring the knowledge necessary to stay alive and maybe make a little money along the way. Remember when Mom told you not to eat stuff off the sidewalk? There’s a reason for that – you could get very sick.

Or when Dad told you not to stand on the very highest rung of the ladder because it’s not safe, as he soon proved by going to the very top in a psychotic effort to clean the last leaf from the gutter – and promptly fell off?

Likewise, getting off to the wrong start with outdated or just plain wrong knowledge about investing can hamper your success forever if you don’t get it straightened out early. The following are four investment truisms you should learn sooner rather than later.

1. Don’t drink the Wall Street Kool-Aid of stocks, bonds, and mutual funds. Real estate is a much better investment, as has been historically proven.

2. Gold is not an investment. It’s just a different form of money that holds value better than paper currency.

3. Not just ANY real estate though. Income properties can make you wealthy when done correctly.

4. You don’t have to pay $5,000 for a fancy course to become an expert at this style of investing. You only need the foresight to visit the websitewww.JasonHartman.com and absorb the free resources found there.

Alrighty then. You can thank Jason Hartman and Platinum Properties Investor Network for giving you the tools to become very wealthy in a shorter time than you might think. This information is golden.

What are you going to do with it?

1. Don’t drink the Wall Street Kool-Aid of stocks, bonds, and mutual funds. Real estate is a much better investment, as has been historically proven.

2. Gold is not an investment. It’s just a different form of money that holds value better than paper currency.

3. Not just ANY real estate though. Income properties can make you wealthy when done correctly.

Alrighty then. You can thank Jason Hartman and Platinum Properties Investor Network for giving you the tools to become very wealthy in a shorter time than you might think. This information is golden.

What are you going to do with it?

Previous Episode

CW Blogcast 48 - Stocks are extinct assets.

As you may know, we at Platinum Properties Investor Network believe that real estate, income properties specifically, are the premium investment asset in the world. It vexes us mightily to realize that millions of hard-working Americans are coming home from a day’s work to plop themselves down at the computer and see what their stocks have done that day.

We can already tell you the answer to that without even looking – up, down, sideways. Forward two steps, backwards two steps. It’s all over the place. What is this supposed to be? A retirement plan or a salsa dance? Hard to tell the difference.

The problem, as you may or may not have surmised, is that the stock market of today has fundamentally changed from the stock market of the 1940’s and 1950’s. Back then, dividends were the name of the game. A small investor could make regular investments in a blue chip company and, over the course of a lifetime, amass a comfortable retirement nest egg through dividends and appreciation.

These days, all joking aside, putting your money in the stock market is more like hitting the casino in Las Vegas. Dividends are paltry. The only people getting rich on Wall Street these days are the ones sitting across the table from you. You know who I’m talking about – brokers, advisors, bankers. They wave shiny brochures in your face with one hand while helping themselves to more cash from your pocket with the other.

This is no way to invest. You will exit this life a sad, frustrated soul if you continue to believe the lie. We’d like to introduce you to the truth about how to create life changing wealth no matter your age or experience level. Call our expert investment counselors at 714-820-4200 and prepare to look behind the curtain.

Next Episode

CW Blogcast 50 - Is pre-foreclosure an even better deal?

These days, investors are poised like vultures in trees along the roadway, ready to dive on the next foreclosure hitting the market like roadkill on pavement. Do your homework and there’s no doubt you can find a heck of a deal investing in foreclosures but think one step ahead and you might get an even better deal by buying the property BEFORE it’s foreclosed upon.

This method of acquirement is known as a short sale or pre-foreclosure. The term “short sale” simply means the bank is ready to unload it, so they might accept an offer of less than the property is worth. Many times the owners are eager to go this route as well, anything to keep a foreclosure off their credit record.

Banks are willing to listen to pre-foreclosure offers because, face it, they don’t want to own this property. They’re not in the real estate business. They’re in the lending money business. How much of a discount might you expect? The answer varies but here is something to think about. Some estimates say it costs a bank about 18% to go through the foreclosure process. There are legal fees, court costs, inspections, appraisals, repairs, maintenance, and sales expenses. If you were to make an offer within that range (18% below appraised value) prior to the foreclosure process, you never know what they might say yes to.

Many times you can even arrange to lease the house back to the owner you just bought it from. They might not be too crazy about moving and this deal benefits everyone.

Something to think about.