Recessions Don’t Matter: 8 Keys to Thriving in Real Estate Investments

When the news reports that our economy is falling into a recession, many investors are afraid there’s too much risk investing in real estate, especially.
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Millionaire real estate investor David Lindahl, aka the “Apartment King,” offers eight key steps that help worried investors not only survive uncertain economic times, but also prosper in them:
Lindahl is the author of “Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits” (Wiley, April 2008) and “Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas” (Wiley).Lindahl, who went from living in a one-bedroom apartment to owning more than 4,600 apartment units, is the principal owner of The Lindahl Group, a real estate investment company and is a popular speaker and expert at real estate investment clubs, conventions and seminars throughout the country.

Key #1: Focus on the Motives behind the Messages: Pause a moment to consider the quality of information next time you read about a real estate “crisis” or “meltdown.”

Key #2: Don’t Be a One-Trick Pony: Don’t stop learning. Make sure your tool-belt is sagging with techniques.

Key #3: Don’t Be a One-Market Pony, Either: Don’t just stick close to home. Invest in markets all over the country.

Key #4: Trust Your Instruments: Know the key financial numbers about you local market and property.

Key #5: Guard Your Cash: Invest with someone else’s instead!

Key #6: Pump up Your Lead Generators: Be on the lookout for several deals so you can choose the very best ones.

Key #7: Price Changes Everything: There’s no such thing as a bad risk, only a bad price.

Key #8: Comfort Makes Competition; Discomfort Makes Dollars: Don’t just feel comfortable about your deal, do the unexpected when your instruments tell you it’s a good one!

According to the author, “Multi-Family Millions” explains how to read the market cycle, and explains why now is a great time to get started investing in apartment buildings-especially since other forms of real estate investing are suffering. The author also says “Emerging Real Estate Markets” has a system that finally “cracks the code” to investing outside your local real estate market.