Great Deals, Perfect Timing to get Richer!

It is a great time to get richer. There are great deals available when the economy is in an adjustment state. Taking advantage of them can help make you rich. You just have to adjust to the opportunities before you. I know it is hard to know what to do or even where to start. That is what this web site is about. A free place to get unbiased information to help you get started. We have no hidden agenda, we are here to be helpful. We are paying it forward.

Stocks: I made money on stocks last year 2009. Stocks have doubled in the past year and that makes them more risky now. To protect yourself stick with stocks that are selling for less then ten times earnings and that have a history of paying a dividend. I am back to real estate investing because it is less risky and I feel more comfortable there. 

I will put money in the market again, but at the moment I just can not pass up all the cheap income producing real estate deals.

 Real estate: The market is so full of great deals on bank owned properties it is hard to go wrong. Look at your local market and look for foreclosures that you can rent. Read real estate investor magazine is great for ideas. Ask Real estate agents for names of agents who specializes in bank owned real estate sales. There are great deals out there in residential and commercial properties. If you can cash flow the deal, and if you can afford to hold the property for five years, your returns will be large. More on my latest deal a little further down this page.

 Interest rates are artificially low: Re-fi or get a loan now. If you plan to buy in the future... don't wait....do it now. Low prices on properties and low interest rates, seldom do the two meet.

 Open a business: or expanding? great timing, plenty of good employees available cheap, plenty of equipment available cheap, Deals on real estate too. (buy don't rent) and all this adds up to a good time to get going.

I could go on but you get the idea. There are opportunities out there, there always are, but economic timing opportunities makes this time, awfully sweet.

Get going

Update: 4-21-2010  I am buying real estate and working on my retail patiostotre.com and other owned web sites. My retail sales are up and real estate deals are still plentiful. Financing is still a bear for investors but there is some out there. I keep making offers that are low priced and with financing request terms that I want. I keep getting ignored a lot, but I only need two good deals this year and one of those is done. Read this site I wrote about it. What kind of terms do I want? Low downs, 5% or 10% and twenty year amortizations at no more then 7% with five year balloons. Why? Because I am looking for properties priced at 50% or less of the real estate prices of 2007, on properties in need of TLC, and I want the loan payments to be no more then 40% of the properties pro-forma income. I want a 33% to 50% equity position after the TLC is done and the property is re-appraised. If you invest in income real estate and you are not sure of how to run the numbers, read all of this web site until you do.

Up date Sept. 9-2010: Interest rates are still at historic lows. If you are looking for a home, buy, if you have a home loan look at refinancing now. Stocks are waffling, read the investor magazines, and be extra cautious. The banks and computers are making 75% of the trades these days and you are at a disadvantage. There are deals out there if you know what you are doing. There are a lot of real estate bargains all over the country, if you can get in and get your feet wet. This web site will give you the knowledge to do it.