Kerry Lutz's--Financial Survival Network

How to Make a Million Dollars in One Day and Never Work Again - Michael Bash #5353


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Summary:
When you have a valuable strategy, real estate investing can be extremely profitable—bringing in a revenue that can set you on the right track. I interview real estate investor and author Michael Bash to discuss the methods he has used to attain success in this industry; he largely attributes this success to re-zoning land in growing regions to build properties. Bash has a number of tips that can help you thrive in real estate investing, and you won’t want to miss them. Tune in to hear more.

Highlights:
-Some people see real estate investing as a gamble, but Bash sees it as profitable
-He started out by looking for land where he could build apartments and rent them out
-He put a down payment on a piece of land and re-zoned this area
-All that he initially invested was $15k total
-When trying to get a project approved it’s important to show people that it would benefit a community
-Bash is retired now but considers getting back into re-zoning
-Re-zoning industrial to residential is the best tactic
-All you need to do is check and see what cities are experiencing growth
-Re-zoning can take around 90 days in a small town, but in a may city you may wait 3 years
-Once the re-zoning is approved, your profit is exponential
-It is easiest to get land in small counties/cities re-zoned

Useful Links:
Financial Survival Network
Million Dollar Miracle by Michael Bash

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Kerry Lutz's--Financial Survival NetworkBy Kerry Lutz

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