Just my 2 cents on the market

[Brandon Diaz]

Ever since I got the chance to start training people on real estate investing, I have got a chance to see real estate markets first hand nationally and I have also done some overseas mentorship and got to see the real estate market in several spots in Canada (B.C. Province) and also the UK (London, Richmond, and Oxford) and LEARNED ALOT! 

We are really blessed in certain way here in America. In the UK its so much easier to invest and make money in real estate. The banks lend 20year notes interest only loans to BRAND NEW entities (domestic and foreign) with no credit checks. As long as you have the 20% down. And, they pretty much have a guarantee market appreciation (which I don't like) of like 8% a year. And the rents allow them to cashflow in areas like London and everywhere pretty much. They literally turn small attics into bedrooms (tiny things) and are able to sell their properties and profit nicely on the sell. ITS INSANE! If they can create the legal space... The space will be filled... sorta. Generally speaking

America is not like that at all. In order for us to invest, we have to have skill. We have to have wit. You have to work hard and be quick in order to get a good deal. Our laws are a lot less than the UK so we have to actually understand a lot more law than they do, which makes us actually very creative as a country. The way we buy properties are so creative (Wrap mortgages, Lease Options, Buying through Trusts, Deed of Trust, Land Contracts, etc. and the list goes on). THEY HAVE A VERY STRICT... THIS IS HOW YOU DO IT of guidelines and laws. But, there is still a lot for their citizens to play in. America has "less" laws than the UK (our country is a teenager in comparison to the world). They have properties from the 1500's and older EVERYWHERE! 

I believe that we will be changing in the future to being something like this, as our country gains in age and we learn from ourselves politically, culturally, and financially. And we will make decisions that will lead us to be something like that on a real estate level (We still got a long way to go). But I think America is still behind the curve ball from other countries. And that means on a macro level we are actually at the bottom of the market. However; Micro level, we notice the booms and bust heavily because we live literally in it... and it hurts us, personally. 

So what advise would I give people right now about the market? Buy real estate, but buy in areas that cashflow. If we are wrong, you at least cashflow and still make money. But, you can sit on cashflow as the market appreciates. 

Short term gains are cool in areas that don't cashflow, but be quick and get out as fast as possible. Place the proceeds in cashflow properties for better results. Don't live extravagant lives off that money. Invest it and live off what you invested.

If you need to build capital, you need to work on short term strategies. Wholesaling is cool, Rehabbing is a mountain of work, but gives some cool checks. No matter what, my belief for 80-90% of investors should be:

1. Spend money for marketing and advertising. 

2. Learning to be a great communicator with people. Great deals are the decision of people and situations. Knowing this... This is the core to a deal. That means deals=people. Deals are people.

Marketing and advertise to be able to have conversations with people and offer a solution to their problem (Communication). This is the true way of creating financial independence. Which invested correctly, leads to financial freedom from the cashflow.

I dont know if this the right channel for this type of topic. I am new to the community of BiggerPockets but I am not new to Real estate investing or who BiggerPockets is. So, bare with me as I go through this learning curve, and thank you for reading this far. I just felt like typing. 

Keep moving up,

Brandon Diaz