Real Estate Expert Robert Irwin Says "Buy Real Estate NOW!"

My friend, Dan Auito just published what he calls the Real Estate Encyclopedia of 2011.  The actual title of the book is "Be a Real Estate Heavyweight: 95 Experts Show You How".  Amazingly, he published it all as a pdf and has given it away FREE.  Really.  You don't even have to give up your email address to get this from him.

I got it late yesterday.  Dan cautioned me that it is not the kind of book you sit down and read through.  Rather, he told me, it is a reference volume where you look in the the table of contents to find the topic you need to read up on and then you go to that section.

After perusing the table of contents, I came back to the Introduction, written by Robert Irwin.  I have five books written by Robert Irwin about real estate finance on my bookshelf!  The guy is a legend and one of my business heroes.  I have learned more about how to approach creative financing from him than almost all my others sources combined.

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When I read his introduction, I thought that he must have written it for this blog.  He even references lemons.When I read Robert's intro, I thought, this is exactly what I have been telling people for a while now.  Perhaps they will actually listen if they hear it from someone else as well.

So, I have excerpted a portion of the introduction and share it here with you (my emphasis added in places).  So, without further ado, listen to the wisdom of a true real estate heavyweight, Mr. Robert Irwin.

As Dickens wrote, it is also the “best of times,” so, too, are there great opportunities. I’m speaking, of course, of real estate investments. For those with the gumption to make lemonade out of lemons, there’s never been a better time to invest in property.

The U.S. population is growing by about 3 million a year. That’s an enormous rate of increase and all those people need some place to live. That means that hidden beneath the falling prices is a huge pent-up demand just waiting for a stable market to unleash itself.

Further, and something every investor should pay special attention to, is the ratio between housing prices and rental rates. (After all, the lifeblood of real estate investing comes from rental income.) The traditional relationship between rental income and housing prices is about 20 to 1.

During the housing bubble that lasted roughly between 2000 and 2006, that ratio went as high as 33 or 34 to 1. Rentals are once again approaching the “magic”20-to-1 ratio.

Perhaps most important of all, the price of housing has reached its long-term trend line. If you were to chart housing prices from the end of World War II through today you would see a saw-tooth generally upward trend (at about 5 percent a year), then a huge spike up that was the housing bubble, and a dramatic pitch downward, that is today’s slump. But at the end of that slump, you would see the trend line just where it’s supposed to be as if the bubble hadn’t even come along….now, they are roughly where they should be, given 70 years of history.

[educated stock investors call this the “support” line. TS]

For the investor who has the foresight and the gumption to see clearly when others are lost in the fog, this can be the best of times. Once again it’s possible to buy property at a reasonable price. Finally sellers are willing to negotiate reasonable terms. Once more, you can step in and make money—potentially big money—by buying low, holding, and eventually selling high.

I can’t tell you when, but I firmly believe that in the future real estate prices will not only return to their former highs, but will exceed them! I believe that those who have the courage and foresight to act when the market is down will reap enormous benefits when it eventually turns up.

It’s all well and good to get enthused about making your move into the real estate market when it’s down. But how do you learn the mechanics of doing it? Where are you going to find out how to get the financing you need, learn to determine true values, uncover the location of suitable properties?

You can’t just look at the rules of the past. Time has moved on and the rules have evolved. What’s needed is a strong resource to give you the information you need to make an informed investment. What you need is a guide to today’s opportunistic real estate market.

Robert Irwin

So, now you have heard from more than one person. I have been saying for some time that NOW is the time to invest in real estate.  If you wait until the newspapers say it is the right time, ALL the smart money will be moving out of it by then.  NOW, you are hearing it from an expert who has been doing this for most of my adult life.

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I have 5 immediate investment opportunities available here in North Carolina, right now! They are solid investments producing steady cash flow.  If you aren't ready or willing to become a landlord, no problem.  You can make your money work for you as a private lender.  You get a first lien position secured by a deed of trust on the property and you get a steady check each month while someone else deals with the headaches of tenants, toilets and termites.

However, if you are ready to get the greater rewards that come with the greater risks of being a landlord, you can buy any of these 5 properties and, based on current cash flows, anticipate a 10% return on your money right now.  When the market turns up and everyone else thinks it is a great time to buy, you can sell these properties to those wannabe investors and make a very nice profit while they take on the risks of being a landlord.

If it is so great, why would someone sell these units?  The answer is simple, the seller doesn't WANT to sell. He WANTS to hold on to the units and work with a private lender to create a win-win solution.  But, since he has some personal debts that MUST be settled NOW, he is willing to SELL, take on a partner, or guarantee a private loan.

If you would like to know more about these opportunities, contact me directly (Tom@CharlotteWealthPartners.com), but you better do it FAST, because these deals will not be available very long.  The good ones never are.
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I have been successfully investing in real estate in the Charlotte area since 2001.  I have weathered this financial chaos because of the common sense rules I use for investing.  If you are looking for a guide to help you take advantage of today's real estate market, look here.  Be warned, my experience and knowledge is not FREE.  I paid dearly for both my knowledge and experience and I cannot afford to give them away to anyone.  Besides, if I gave them to you for FREE, you wouldn't value what you received.

If you would like your own copy of Dan Auito's amazing, FREE encyclopedia for real estate, just follow this link.

Robert Irwin is one of America’s most respected experts in all areas of real estate and the author of more than 60 books in the field. His Tips and Traps series for McGraw-Hill have sold millions of copies. He is a real estate broker, contributing editor to numerous magazines, and reliable leader for investors, home buyers, and sellers.

Tom Sheppard is the author of "Fire Yourself: Get the Job You Want" available from XLibris Press. Tom has been successfully investing in real estate since 2001 while working part time. In 2008 he left a six-figure job as an enterprise project manager with a major national bank to manage his real estate business full-time. His goal is to help 100,000 people find peace of mind by finding quality, affordable homes. He is currently looking to expand his network of funding partners who are helping him achieve this goal. If you would like to know more about how you can Do Well By Doing Good (TM), go to www.CharlotteWealthPartners.com