COVID-19 has caused many people to panic. From sickness to financial stress, the ramifications of this pandemic are severe. However, all hope is not lost. Where there’s a will, there’s a way.
It is possible to profit as a real estate investor despite the current state of our economy,
Here’s how to invest with confidence right now:
1. Learn From the Past Housing Crises
We all remember 2008. For many investors, it is the housing crisis that we will never forget. The housing markets in countries all around the world crashed. Brought on by the fall of the US stock market, the financial crisis resulted in a housing market crash in South Africa.
South African banks offered easy lending criteria, people borrowed too much money and then went into debt. Millions of homeowners and investors around the world got burnt.
However, not all real estate investors suffered.
Instead of panicking, successful real estate investors stayed informed, adjusted their investment strategies and profited. Instead of losing money- like millions of others- they made money (and a lot of it!)
But how did they do it? Let’s look at Robert Kiyosaki as an example.
In 2002, Robert Kiyosaki predicted the 2008 financial crash in his book Prophecy. But no one believed him!
Robert analysed the market, saw the warning signs and altered his investment strategy. He managed his risks, invested smart and not only did Robert survive the housing market crash, but he profited from it. We all know where he is today- with a net worth of US $100 million.
2. Keep Calm- the SA Real Estate Market is Booming
If you’re a real estate investor, the first thing that comes to mind when you hear “unstable economy” or “recession” is probably housing prices.
A housing market crash is an investor’s worst fear- but it hasn’t happened in South Africa quite yet. Here’s the thing- yes, property prices occasionally decline. But that’s only happened twice in the past decade! And every time property prices have dropped, that short-lived drop has been followed by a sharp increase in prices.
If you look at South Africa’s property prices over the past 10 years, you will see a steady upwards slope.
South Africa’s property market is resilient. When you invest strategically, you can make money even with the most unstable of economies.
3. Look at What Major Companies are Doing
If you are unsure about how to invest in a COVID-19 economy, look at what other companies are doing. Multi-million rand companies have an entire team of financial analysts working behind the scenes and advising them. In other words, they know what they’re doing!
And they’re investing in affordable housing.
Luxury property group Amdec- the same company that developed Johannesburg’s Melrose Arch- recently announced plans to develop Golden Grove Estate in Ottery. The project will cost R500m! This affordable housing project will include not only 1,000 affordable residential apartments, but also a retail centre, playgrounds, communal gardens, daycare facilities, sports fields and a recreational clubhouse.
They’re not the only ones.
Just this year, Amazon announced that it will invest US $2 billion in affordable housing across 3 major US cities- Seattle, Nashville and Arlington.
Major companies across the world are investing in affordable housing. The industry is booming! These investments will play a key role in saving the economy- and yours can, too.
4. Get Informed
I’m not going to lie to you. Investing in an unstable economy can be dangerous- if you don’t know what you’re doing. That’s why you need to stay informed! Who better to teach you the ropes than someone who’s been in your shoes?
Entrepreneur recently published an article that revealed some incredible statistics. Did you know that…
Mentoring can boost revenue prospects by 20%
Mentorships can increase your chances of a promotion (aka a level up in your investment portfolio!) by 5 times
70% of small businesses (like your real estate business!) stayed in business for over 5 years when they received mentoring- compared to only 35% that didn’t!
One-on-one mentorship can be a game-changer for your real estate investment business. Not only can it help you become a highly profitable investor, but it can make sure that you stay one!
If you want to learn how to invest in property and build wealth faster- and for longer- than the average investor, you need a one-on-one mentorship.
Online courses and group coaching are great resources, but they may not be the most effective way to build and sustain your investment business. For the best results, you need expert advice catered to your personal investment goals.
So why not get a one-on-one mentorship with an industry expert who can coach you directly?
If you’re ready to build your investment empire, take a look at our Real Estate Wealth Builders Program and get enrolled today!
The first 10 people to sign up for 2021 will receive a 30% discount and a FREE 10G tablet full of real estate investment resources.
You can also schedule a call with us to learn more about this incredible mentorship opportunity.
But don’t wait- we only have limited spaces. You don’t want to miss out!
If you’re ready to take the next step in your real estate investment journey, I would love to help. I have created a no-nonsense course that can help you go from beginner to profitable real estate investor in the next 90 days. Click HERE to find out more!
Interested in learning about how to invest in real estate with no money down? Grab your copy of my ebook How to Invest in Real Estate with No Money HERE! I am giving it away for FREE! In it, I reveal my proven strategy to building wealth through real estate investment without spending my own money. This strategy includes several of the income streams I created without paying any money down.
So- are you ready to start building wealth through real estate? If the answer is “yes,” then it’s time you followed these steps:
1. Download my ebook
2. Join our Program
4. Join our previous Live Stream on the YouTube Channel.
5. Join our Facebook Community to plug into a mastermind of like-minded individuals.
5. Book a FREE Mentorship Call with me