I just had an interesting conversation with one of my bankers relative to houses, rentals, and commercial property.  I was a little bit taken aback from what he said.

It seems banks now like rentals (duplexes, apartments, etc) better than houses and commercial

properties because they did not take a major hit in value as did houses and commercial.

Now, with people losing their houses, they are starting to rent nice rentals and have the money

to pay the rent.  Retirees especially like the rentals because they have no upkeep (maintenance, lawn care, etc.).  How many baby boomers are there in this country?  Plenty!!!!!

He just flat out told me that his bank and many others are more interested in loaning money on nice rental units over houses.  Why?  Because it is a better loan for them.  Plus, the appreciation is better than on a house because it’s value is based on income.

Bottom line, if that’s what they want, then let’s accommodate them.  Right?  When you factor in

Cash Flow and Appreciation, that makes for a sweet deal for us.  Agreed?

Remember this——nobody gets rich on cash flow only.  Appreciation at say 5% will make you five (5) times more money than cash flow in 5 years.  10% appreciation per year will make you twelve (12) times more money than cash flow.

Some of you have forgotten that appreciation USED to exist—5%, 10%, even 20% – as recently as 3 years ago.  BELIEVE ME,  5% – 10% or more will return as the market finds the bottom and makes the turn.

For more information regarding your real estate investing, contact Larry Holder who has millions

of dollars of real estate, over 25 years experience, and does this business every day.  He personally trains, coaches, and mentors all over the U.S.

He’s one of the few that gives out his personal cell: 417  839-6680.  Go to legacyoneinc.com for more information.