ATTENTION : Before you start reading make sure you pre-register for the LIVE webinar I’m having this Tuesday @ 8PM CST. I’ll be answering any of your questions about emerging markets and showing you the first steps to take with an emerging market.
LEAVE A COMMENT BELOW IF YOU HAVE ANY QUESTIONS YOU WANT ANSWERED
I want to talk about Emerging Markets , why they’re so important to identify early on and how emerging markets first came about.
I love emerging markets for a couple of factors.
One, there’s not hardly any competition
Two, you can really gain equity by leaps and bounds, and
Three , if you want to do some long terms buy and holds, I love them because your rents will go up and your equity can go up exponentially!
Emerging Markets are awesome, because they gave me leverage and opportunities to make money that other people couldn’t find.
Just like there are good factors, there are downsides as well.
For Example, if the market didn’t grow into a hyper market, there is still a lot of money to be made in an emerging market because of the lack of competition, low dollar amounts, and the high ratio between After Repair Values and The Loan Amount.
Finding an Emerging Market can be very hard if you don’t know what to look for. One needs to be aware of what type of market they’re attacking! There are three types of market to know about.
The three type of markets are
A hyper market means that houses in this area are going of the shelves fast! These markets have properties have DOM that are less than 15 days and less than the DOM of an EMERGING MARKET.
Emerging markets have stabilizers that prevent ARV to plummet allowing you to walk away with good profits!
I explained the three keys that make an emerging market
Key Number FOUR IS that the Emerging Market must have revolving sources of income coming from different industries!
A tertiary market might have one or two really major industries. For example, when Vegas was an emerging market they had revolving sources of income with different industries like gambling, tourism, military, technology, and industries coming in like zappos.
You want revolving sources of income to make sure you’re in an emerging market to allow yourself with larger spreads!
Finding an Emerging Market early on and taking action can present you with an opportunity to do that first deal you’ve been itching for and for some of you and emerging market can take your business to the next level!
I’m going to be UNCOVERING the keys to the kingdom that have allowed me to take advantage of emerging markets on a LIVE WEBINAR this Tuesday July 10th @ 8PM CST
LEAVE A COMMENT BELOW IF YOU HAVE ANY QUESTIONS YOU WANT ANSWERED
CLICK THE LINK BELOW TO PRE-REGISTER and BE READY AT 8PM!!
https://armandomontelongo.myownmeeting.net/conference
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