Is real estate a good investment during a recession?
I get asked this question all the time by my students. "Noelle,
is the recession good? Well, that's a really good question
with an even better answer. Invest in during a recession can be one of the
smartest or scariest things you can ever do." But i'm
here to help. Let's go.
I'm going to share with you the fastest way to assess the market
and timing so that you know if it's right or not. I'm going to tell you which
factors that matter the most and which ones you can basically ignore
and it's probably not what you think. And last but not least, I'm going to give
you my exact formula for investing during a recession.
So, we all know that economies go through different changes. And a recession is
basically defined as an economy that has contracted for 2 quarters in
a row. And we already know when we have a recession,
there's a lot of unemployment, there's a lot of people losing their jobs,
there's a ton of foreclosures, there's people that are getting evicted.
Things go really bad for a lot of people during a recession.
I've actually been on the wrong side of a recession. And I've
literally had a situation where I turned a recession disaster into recession
riches. And you could do the same thing. Because
recessions cost so many people to lose their job and for different things to
happen, it can cause a lot of opportunity. So
many people will lose their jobs and lose their homes.
And when it comes to real estate, this can be a really amazing opportunity
if you're not on the side where you're losing your property.
And basically i'll tell you my quick story. I was investing in real estate in
2002 and 2003. That's when i first started.
But I was investing while I had a job. I was doing some fixing and flipping.
And I really didn't know what i was doing. So, when 2008, 2009 hit and that
recession happened, I lost everything. Me and my husband
ended up bankrupt with multiple foreclosures and back in
my parents basement. It was awful. I was embarrassed. I was
bankrupt and I did not know what i was going to do.
But I took that opportunity and started looking around to see like "What happened
to me?" Okay? You know, we had this terrible thing
happen to us and i realized I needed to learn real estate investing
the correct way. So, I did learn how to invest in real
estate the smart way. And start to help other people avoid
foreclosure just like i had been through. And this is
where the opportunities lie. Let me tell you how you do it. So, once I
learned real estate investing the right way. I got a coach,
he taught me wholesaling, okay? He taught me how to find people
that were in the same situation that I was where they were behind on their
mortgage payments, where they were going through bankruptcy, where they were
facing foreclosure, where they were possibly going to get
divorced. And all of those problems that they were having,
he told me go find those people and see if you can help them
not to go into foreclosure. And boy, did this change my life.
I started marketing to people with property problems. I would put out ads
that said, "Hey, are you behind on your mortgage payments?
Hey, avoid foreclosures. I can buy your property. I can help you in this
situation." And my phone was ringing like crazy. And
i was making money like crazy. The reason why I was making money like crazy was
because so many people were in the same
situation that I was. The recession had caused multiple people
to start having those same issues where they lost their job or their income went
down and they could no longer afford those
homes. And instead of going through the same situation that i went through where
I literally lost all my property and ended up in my
parents basement, I became a solution to their problem, I
helped them and I made a ton of money in the process.
So like I said, a recession is a great time to invest in
real estate because you don't need money as much as you think that you do.
There are tons of investors like me already seasoned,
already established. And we literally are looking for properties.
So, you, new investor can start finding and helping us find those people that
are having those property problems that are in foreclosure and you can
start wholesaling those properties to investors.
You don't even have to wholesale. You can do co-wholesaling. You can do marketing
fees, you can charge referral fees. There's tons of ways that you can start
making money because the recession is going to cause
more and more people to have these property problems.
And you can be a solution and help them avoid
losing everything. So, please if you need more information and you're wanting to
learn more about how exactly how to do it, I've created an
entire training. It's about an hour long. Just go to
noellesfreetraining.com. This will teach you how to find those
people. What to say to them, how you find them and how to do it
without spending any money and without risking any of your own
money. Again, go to noellesfreetraining.com. That's N-O-E-L-L-E
with an S. Noellesfreetraining.com and learn how to do this so you can
start making money during a recession. It's a great time to
start investing in real estate. This is Noelle. To your success.