You’re probably aware of how much money was lost in the last housing crash, but do you know how much money was made?
I’m talking about people just like you and me who made a KILLING during the 2008 crash.
That’s right… there are people who are sitting around, living on the cash they made then, waiting for the next crash to happen to double, triple, or even quadruple the cash they made.
It’s time to join them. I’m going to reveal their secret that’ll turn the next crash into YOUR cash…
I know I talk a lot about how much money you could’ve made by short selling stocks during the last crash—and I stand by that—but this technique deals completely with property.
And you’ll be happy to hear it’s not complicated.
It’s one of the most common property techniques used worldwide, and I talk about it all the time… but today I want to show you exactly why you would’ve been paid heavily by doing this during 2008.
More importantly, I’m going to show you how you can prepare yourself for an influx of cash during the next crash with this exact technique.
Obviously, in the years following 2008, a lot of people lost their homes and were too scared to buy any more real estate in fear of the same exact thing happening again.
Where do you think these people lived during these years?
Some probably lived with families, but the majority of these people turned to renting.
It’s a bit morbid talking about profiting off the idea that people lost their homes, but you’re providing them with a safe shelter that’ll help them avoid going broke a second time… and you’re making a well-deserved profit as you do it.
I know I go on and on about rental properties, but clearly, I haven’t completely convinced you yet… that’s why you’re still coming to me for real estate advice.
I’m hoping I can give you that small nudge in the right direction, so you can start reeling in those real estate profits.
But, anyway, back to 2008.
Take a look at some of these numbers:
Between 2000 and 2010, rents increased by 12%…
Evidently, owning rental properties would’ve seen that cash drip into your bank account between those years.
Ok, great… we’ve covered the fact that rental rates climbed right the way through 2008 without a scratch, but what about vacancy rates?
In late 2007, and leading into early 2008, rental vacancy rates were sitting around 7.87%. That’s because everybody was buying homes up until this point.
Why would you rent when you can get approved for a low-rate mortgage in seconds (and contribute to the rapidly expanding bubble that ultimately popped and rained hell on earth)?
You wouldn’t.
In late 2007, everybody and their mother were homeowners with MASSIVE mortgages.
It wasn’t until these people started becoming delinquent on their mortgages that people turned to renting.
Between 2008 and 2015, rental vacancy rates dropped 25% to around 5.85%.
That makes perfect sense… People moved out of their homes during/after the crash and moved into rental properties decreasing the rental vacancy rate. All the evidence is there.
Moreover, the cost of rent increases twice as fast as the growth of the average income in some cities.
So, what are you going to do before the next 2008 rolls around?
Your answer should be: “I’m going to invest in rentals so I can make a massive profit instead of losing everything I own to the greedy banks.”
