This is a rather aggressive financial goal that is best achieved by investing in cyclical real estate markets. While the financial gains in cyclical markets can top out what you’ll find in any other market type, there are a few things you should keep in mind when looking to buy or sell property:
Take a moment to look at what you might find for your money in a cyclical real estate market.
The first thing you may notice about cyclical markets is their cost structure. The downpayment and closing costs alone can be as much as the total cost to buy a property in a linear market.
Because cyclical markets are considered desirable, they are often more of a seller’s market than a buyer’s market. Be prepared to act quickly when you find a place you like. Cyclical markets tend to appreciate quickly, so you may be able to see a strong return on your investment in a few years, rather than in a decade.
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Hometown: North Hollywood, CA
Favorite asset class: Real Estate
Education background: B.S. Marketing
Professional background: E-commerce and Marketing
Favorite quote:
“Stopping advertising to save money is like stopping your watch to save time.”
Henry Ford
Hometown: Nis, Serbia
Favorite asset class: Business
Education background: Science school Bora Stankovic
Professional background: TV production
Favorite quote:
“Opportunities don’t happen, you create them”
Chris Grosser
Hometown: Boston
Favorite asset class: Securities
Education background: B.S. Operations Management
Professional background: Sales and Marketing
Favorite quote:
“You do not find the happy life, you make it.”
Camilla Eyring Kimball
Hometown: Bothell, WA
Favorite asset class: Business
Education background: Bachelor’s in Communications and Anthropology
Professional background: Event/Digital Marketing
Hometown: Beaumont, CA
Favorite asset class: Real Estate
Education background: West Coast Ultrasound Institute Associate of Science in Cardiovascular Sonography, Current student at Colorado Technical University majoring in Business Administration with a concentration in Digital Marketing.
Professional background: Cardiology Technician
Favorite quote:
“Normality is a paved road: It’s comfortable to walk, but no flowers grow on it.”
Vincent van Gogh
Favorite quote:
“I don’t believe in taking right decisions. I take decisions and make them right!”
Sir Ratan Tata
Favorite quote:
“It’s not what happens to you, but how you react to it that matters.”
Epictetus
Favorite quote:
“Experience is making mistakes and learning from them.”
Bill Ackman
Matt Pettit serves as the Chief Investment Officer of RINO INVEST. He is a 2015 Graduate of Wofford College with a degree in Accounting. He also serves his country as a Captain in the United States Army Reserve.
Diego Castiblanco works as the Web Developer of RINO INVEST, He got his degree in Computer Science from The Universidad Distrital Francisco José de Caldas in 2017, he worked as a full-time Web Developer in UpWork which is one of the best freelancing platforms, he got the Top Rated Plus tag due to his dedication and professionalism serving clients from start-ups to big companies.