Home Previous Meeting Topics Building Real Estate Wealth in a Changing Market
Building Real Estate Wealth in a Changing Market PDF Print E-mail
John Schaub - SDCIA Speaker

"In 30 years of buying investment property, I have never experienced a market where so many sellers are willing to sell cheap and, at the same time, interest rates are near historic lows. I just received a commitment for a 30 year 6.25% fixed rate investment loan, and rates may drop even lower. Recently we have renegotiated two existing loans and the lenders agreed to drop the interest rates to below 6%. To make big money, you have to be a contrarian. Today, when most people will tell you the market may go down further, is the time to start making offers to test where the bottom is. When the market turns, or when interest rates start rising, the best opportunities will be history. Many will remember the opportunity but only a few will make a great deal. Let it be you!"

Topic for Meeting:

Taking Advantage Of The Buying Opportunity Of A Lifetime

Speaker's Bio:
John Schaub is a full time real estate investor who authored the original single family house seminar in 1976 which launched thousands on their way to successful investing. He is still an active buyer and engaged in managing his business and investments when not traveling with this family or building homes for Habitat for Humanity. He teaches only three seminars a year. John discovered that most of the Big Deal braggarts had small bank balances. John emphasizes keeping it simple. He talks only about what he has done and what has worked and sometimes not worked for him. John spends nearly all of his working time making deals and managing his properties. He has prospered for 30 years as a landlord.  He stresses buying better, well-located houses as opposed to less expensive houses or other income properties. Better houses are much more profitable and far less trouble. He advocates paying off debt, owning properties free and clear and maximizing cash flow by only buying properties with larger profit potential, financed so they produce immediate cash flow.  John is listed in the Hall of Fame of Who's Who in Creative Real Estate, featured on the cover of Personal Finance magazine and was recently quoted in Forbes magazine. Be sure not to miss this rare opportunity to hear him speak!

 

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