RETURN TO HOMEAuthor Wednesday
“If you’re an investor sitting on the sidelines thinking you have no play in today’s property market, think again. In his new book, Matt Martinez gives you everything you need to know to start profiting from the new paradigm in real estate.” — ROBERT IRWIN, bestselling author of How to Get Started in Real Estate Investing
THE NO-GIMMICKS GUIDE TO PROFITABLE REAL ESTATE INVESTING IN POST-RECESSION MARKETS
The subprime mortgage debacle, subsequent credit crunch and financial meltdown have not only decimated investors’ wealth but forever altered the landscape of real estate investing. Heavy mortgage losses have forced banks to immediately restrict their lending procedures causing real estate sales volumes to suddenly drop as prospective buyers, investors and even speculators awaited the bottom of the market before they would even consider a re-entry.
The credit crisis, ensuing recession and increasing number of the unemployed population have dragged real estate markets into the worst recession in decades. Property value losses, rising foreclosures, higher vacancies, restricted capital markets and reduced property revenues are the norm and not the exception. Without a doubt, these are alarming economic times for all real estate investors.
The investing strategies practiced just a few years ago are now terribly inadequate for succeeding in today’s distressed real estate market. Investors need to think and act differently if they want to come out on top when the economy eventually rebounds.
A new book, How To make Money In Real Estate In The New Economy, was just published that offers effective strategies for taking advantage of this new era of investing. While yesterday’s most favored strategies will no longer work, today’s savvy real estate investor can still find great opportunities for growth and profit–if they recognize how recent events are altering the real estate industry.
Thanks for the interview. Can we begin by having you tell us a little bit about yourself and how long you’ve been working in and writing about this topic?
It’s my pleasure. I have been investing in income-producing properties since the 1990s. My first book was published in 2006. My second book was published in 2008. My third book, How To make Money In Real Estate In The New Economy, was published in January of this year. My book already reached the #1 ranking in Amazon’s real estate category and achieved an overall ranking of 2,130 in Amazon’s book sales listings of more than 8 million titles.
Why did you start writing books about real estate investing?
I began writing books about investing in real estate because I wanted to help people achieve financial independence. About 10 years ago I was featured on CNN as a Tycoon in the Making. The story featured me as an up and coming real estate investor who made the transition from a corporate 9 to 5 employee to a real estate entrepreneur who no longer needed a paycheck to survive. Following the publication of this story on CNN, I was inundated by emails and phone calls from people all of the United States. I thought the best way to help people would be to write a book about my story. I never anticipated writing 3 books, but I’m glad I continued writing because I’ve been able to help an even larger audience during the past six years.
Where did you start investing?
I started investing in my hometown of Boston. I always recommend investing in the place that you know best. The place that is in proximity to your home and/or place of business.
What type of real estate assets did you begin buying when you started and why?
I started buying multifamily apartment buildings that could be financed using residential loans. In other words, I bought 3-4 unit buildings because they produced the greatest cash flow but didn’t require 20% + down payments.
You talk about farm areas in your books. Please explain what you mean by that?
Farm areas are well defined geographical areas (a neighborhood, town, etc.) in which you focus your search for new real estate acquisitions. I always encourage my readers to restrict their search to their farm area – which should be within a 30-minute drive of their home or work.
Please distinguish between a landlord and a real estate investor? (as you reference these terms in your books)
A landlord deals with the day-to-day business of ownership. Landlords take the calls from tenants, organize vendors and do the accounting. Investors outsource the day-to-day work of real estate ownership to reliable third parties so that they may focus on the search, analysis, financing and acquisition of more properties.
Do you recommend partners in your deals?
Only if you know your partner for a very long time and you have experience with them under an extreme amount of pressure where money is involved. People change when their own capital is at stake. Don’t partner with people you don’t know very well!
What are you working on these days?
I continue to look for value-add multifamily and retail deals in this distressed market. In fact, this is the very best time to be acquiring real estate since the RTC days in 1990! If you aren’t actively looking for properties, you should be! Fortunes will be made during this down cycle. Contrarians make their money when everyone is scared. They buy when others are selling and sell when everyone else in buying.
You have a new book due to be published at the end of the year titled: “How to Make Money in Real Estate in the New Economy.” Could you tell us more about this book?
In my book I tell you how to build a property portfolio that performs in today’s distressed markets and is primed to generate cash flow and profits through the coming recovery. Topics covered include: how to value real estate; the new financing guidelines; multifamily, retail and office properties; commercial real estate future trends; and much more. This book will have you poised to take advantage of the strongest prospects for income, growth, and profit in more than a decade.
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Bonuses:
The author will give you $350 worth of additional products and services if you order his new book, How To Make Money In Real Estate In The New Economy, through Amazon this week.
#1 – A detailed worksheet to figure income and expense for qualifying for a mortgage when buying investment property.
– Created by Dale Robyn Siegel, author of The New Rules for Mortgages.
#2 – Free underwriting of your investment property. A well-known investor and multifamily broker based in Southern California will offer a FREE apartment building evaluation. You will be put in contact with him to receive a complete written analysis on the value of any apartment building. This offer is limited to the first 100 people.
– By Frank Ponce of Scott Anastasi Realty
#3 – There’s No Free Lunch in Real Estate. The report is a proven program to help you start on the path to building life-changing wealth through real estate. If you had $60,000 to invest, what asset class would provide you with the best return over a 30 year period? The obvious (or soon to be obvious) answer is real estate. The reason is all of the benefits a person gets from owning real estate, including depreciation, appreciation, passive income, and leverage. This Free Report explains this in dollars and cents and gives an easy visual demonstration of why this is so.
– Created by Jon Swire, Author of There’s No Free Lunch In Real Estate
#4 – A discount on the Offer Generator. This program calculates wholesale offers on investment properties. “I think it is the best tool a true investor can own. It creates offers that will cash flow right from the start. I’ve been buying for almost 40 years and still own every property I’ve bought. Over time, the cash flow becomes phenomenal.”
– Created by Mike Summey, author of The Weekend Millionaire’s Secrets to Investing In Real Estate.
#5 – 10 Ways to Buy Low. This report details 10 different ways for investors to buy properties below market.
– Created by Andy Heller, bestselling author of Buy Low, Rent Smart, Sell High! and co-founder of the free real estate networking site www.realtyjoin.com
#6 – 27 Ways To Buy With No Money Down. This report provides no-money-down techniques if you are just starting out; or if you have all your money tied up in other investments; or you want to control as many properties as you can with little or no money. As you are exposed to different investment opportunities, determine which one of these techniques gives you the option of getting into the deal with no money down.
– Created by Dave Lindahl, founder of RE Mentor and author of Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits
About the Author:
Beacon Hill Property Group, a private real estate investment company that acquires value-add income-producing properties, was established in 1999 by Matthew Martinez.
The company’s transaction expertise covers a broad range of disciplines including multifamily, retail, property management, consulting, brokerage and development. In a principal capacity, Matthew has been successful in a number of real estate ventures.
He is the best selling author of three investing books and a member of the Metropolitan Boston Housing Partnership’s (MBHP) Board of Directors. MBHP helps individuals and families find and retain affordable housing.
Matthew Martinez founded the Breaking the Cycle of Poverty Scholarship to support single parents who are determined to obtain a college degree so that they may improve their earning capacity and improve their family’s long-term economic stability. The scholarship was established as a partnership between the University of Massachusetts Boston, Metropolitan Boston Housing Partnership (MBHP) and Beacon Hill Property Group
Contact Matt through his web site:
http://www.matthewamartinez.com
The way to get all these bonuses is to take two simple steps:
1. Buy his book through Amazon by clicking below:
2. Send a copy of your order receipt to the following email address:
All of these great bonuses will be emailed to you immediately!
I hope you recognize an outstanding return on investment when you see it!