Long Beach Real Estate-Long Beach Condos

Today I appeal to those who have invested in a Long Beach condo -- but not just any investors, or any condo.

The laws of physics, for instance gravity, work every time. You know without a doubt, if you jump off the roof of your condo, youll never fall up youll always fall down. Moreover, gravity cares not whether it was a rock or you falling off the roof. It works regardless.

There are also, not surprisingly, Physics of Investing and the laws attached always work. Violate those laws, or ignore them at your own peril. Theyll either be your best friend or not just like physical laws.

Everybody who currently owns a Long Beach condo as an investment please stand up.

If you bought before 1997 and still own it, please sit down. I dont want you to have your feelings hurt. Id be more than happy to talk with you. Seriously though, if the last decade didnt motivate you to take advantage of the market what am I gonna tell you? Its obvious you have a different philosophy, and are content.

If you bought after 2003, please sit down. You guys might have exceptions sitting among you. If your LTV (percentage of loan to value) is less than 65%, you can stand up again.

If you invested for reasons other than for your retirement, (and havent changed course) please sit down. If however, capital growth is of paramount importance to you remain standing.

• You invested in your Long Beach condo between 1997 and 2003.

• You have a minimum of 35% equity.

• You invested because its part of your retirement strategy.

• Capital growth is of crucial importance to you.

Lets first define what I mean by capital growth.

The answer in Southern California is...not much, if at all. It could be quite awhile before measurable capital growth returns to the region. This doesnt take into account the future affordability of the condo itself.

The fact youre still standing indicates to me, you have options. Lets go over them.

• You can do nothing the savings buried in the backyard in a tin can approach.
• You can refinance investing the proceeds (capital) where it will actually grow.
• You can execute a tax deferred (1031) exchange into a growth region.
• You might be lucky and be able to sell with no taxes* then invest elsewhere.

• Yes, thats possible for some investors. It has to do with how much they earn from their day job, and depreciation but thats a different post entirely.

If youre still standing, it could prove fruitful to you for us to have a conversation about what your retirement looks like now and what it could look like with a few changes in your thinking.

There are a few basic principles, laws if you will, already referred to as The Physics of Investing. They are akin to gravity, and as I said earlier, they never fail.

Heres the law for today.

Retirement income, (any income) in the context of investing, is simply the product, or yield, from an amount of capital invested.

Furthermore, the larger the amount of capital, the larger the income (read: yield) will be. Can I hear a big Duh!? Thanks Captain Obvious lives.

 

 

Since your magnificently abundant retirement is based upon the largest monthly income you can possibly create, your capital growth rate is paramount to your ultimate success. This is because its the amount of capital youve created by virtue of your investment decisions, that will in the end, dictate how large or small your retirement income is.

If, when you retire, the available return on capital is 8%, thats what youll get. Oh, and the 8%? It wont know if its being applied to a dollar, or a million dollars, or considerable more.

Do you want that 8% on $500,000 or $2-5Million? Thats $40,000 compared to a minimum of $120,000 annual retirement income.

 

Everyone still standing you can see this isnt rocket science. Give me a call, and well take a look at your current status.

http://www.longbeachrealestatehome.com/00903A