I was at my local bank branch this week
sending out a wire transfer for a closing.
The young banker (in his 30’s) asked me
more about what I do and how I buy property
today.
He then mentioned his grandfather who had
posed the question to his banker grandson,
how can I get a higher return on my
investment savings today? (Bank savings
and CD rates are 2% or less today).
His grandson, not being well-versed in real
estate opportunities, told his grandfather,
“Well, you’ve got to be active about your
investments and get into buying and
selling.”
Hmmm….not bad advice but not everyone wants to be
involved with transactional income — but many people want
PASSIVE INCOME from their investments.
They don’t want to flip
properties or be the active landlord of
multiple tenant properties.
So what’s the answer, Jim?
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“It’s the perfect storm. Real estate is
on sale, credit bank financing is all but
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dollars sitting on the sidelines in low or
no-interest bearing accounts looking for a
viable investment home.”
What’s missing? The knowledgeable investor
– the “catalyst” or orchestrator who
can put the deals together, matching private
money deserving buyers and unsold property
inventory to solve a major financial problem
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Does that sound like opportunity to you?
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Look forward to seeing you next week!
