(BOSTON) With the housing market in a slump, many real estate investors wouldn’t think of jumping in now. Millionaire real estate investor David Lindahl agrees—for certain markets. And that is his point: “They say that ‘All politics is local.’ Well, all real estate is local, too. Investors should ignore the national headlines and focus on the fundamentals of any given market,” he urges.
Lindahl’s book, Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas (Wiley, Oct 07) ignores broad-brush statements about “the market”, and focuses on individual micro-economies. Lindahl adds: “National economic numbers are averages of vast amounts of data. These averages disguise certain local markets that are on the verge of exploding, due to factories being built, oil nearing $100 a barrel, or other economic forces.”
Lindahl, aka the “Apartment King” used his “emerging real estate markets” system to go from being a struggling landscaper, living in a small apartment, to building his own financial empire and now controlling more than 4,600 apartment units. He is still an active investor, but also shows other investors how to take advantage of these up-and-coming markets around the country.
“At any given time, any city in the United States is in one of the four phases of the real estate market cycle,” explains Lindahl. “Being able to decode the market cycle is what should guide your actions as a real estate investor—not what the headlines say.”
David Lindahl is the principal owner of The Lindahl Group, a real estate investment company and president of RE Mentor, a publishing and seminar company that shows investors how to profit from all types on investing. He lives in Boston. For more information, please visit www.marketcyclemastery.com.
To schedule an interview with David Lindahl or receive more information, please contact Babs Chandrasoma at babs@prbythebook.com | 512.289.4339
Delicious
Digg
Facebook