Not All States Are Equal
Last week I spent several days analyzing a deal, and finally I made the investment right before the deal was closed on Friday. It’s funny that when I first heard about the deal, I immediately passed it without doing further research; I was confident about my judgment call that the sector is going downhill in the long run. When the email arrived in my inbox reminding me the deal is closing this Friday, I spent some time researching it and I was amazed by what I found. It’s like an onion, the more I peel, the more attractive the opportunity become. I can’t talk about specifics of the deal, but the lesson I learn is you have to stay open-minded to let the good things come to you. I encourage each of us to challenge our own belief - is it an universal truth or just a preconceived notion/opinion?
The coming Thursday the 19th I will be hosting another free educational webinar “Is the Grass Greener Out-of-State? How to Invest with Confidence”. If you haven’t done so, please join our Coast-2-Coast Real Estate Meetup group on Facebook, and you will be notified about the next event.
The following table shows the differences in rent growth between different regions; coastal states suffer the most loss while sunbelt states enjoy slight rent growth. That's why it’s important not just invest in your backyard. Instead, you should have several states to invest with strong tailwind. How? I will teach those secrets on Thursday 11/19 at 8PM ET / 5PM PT. Don't forget to save your seat up here: https://bit.ly/2IrccdC. You can watch the recording even if you can't make it. Hope to see you there!
Invest with Confidence.
Sharpe Investor Group www.sharpeinvestorgroup.com
Want a quick chat? Click here