When looking for markets ripe for investing, they key is discovering where jobs are headed… and then buying affordable properties near those future jobs BEFORE the rest of the world finds out.
Job growth + population growth + housing affordability = cash flow + equity growth
We are so happy to be announcing our newest market where this formula exists – for OUR MEMBERS EYES ONLY! We don’t want hedge funds stealing this information from us until our group has access to the best deals.
The region between Richmond and Norfolk was ranked as the 2nd best performing area in the nation during the Great Recession. Forbes named Virginia among the top U.S. states for doing business. Why?
This area is, in fact, the largest naval hub in the world, which is a reliable constant in the economy. There is also a large army base, Jefferson Labs, Langley Research Center, the hub of CSX Railway (Warren Buffet’s company that delivers coal to the entire eastern half of North America)…
Virginia is home to four Fortune 500 companies: Huntington Ingalls Industries, Smithfield Foods, Norfolk Southern Corp and the Dollar Tree.
Huntington Ingalls is one of world’s premier shipbuilding companies and, with a newly signed $4 Billion dollar contract with the US Navy, they are beginning construction of the second in a series of 3 new naval destroyers.
Other large employers include Continental, UPS, GEICO, and Bank of America. All this job diversification in technology, education, healthcare, shipbuilding, and banking contributes to a steady economy.
That’s great but here’s the news that gets us REALLY excited!…
The Expansion of the Panama Canal
The Port of Virginia has always been a major shipping hub, but it’s literally making headline news today, thanks to the expansion of the Panama Canal. The largest container ships have thus far not been able to fit through the canal, meaning that any goods on those ships have been delivered and distributed through US ports on the west coast. The expansion, which has taken 5 years and $6 Billion, will allow those ships through to the east coast, where – for the foreseeable future – there is only ONE port that can accommodate them:
The Port of Virginia is Booming
As a result, the government and big businesses are ramping up for massive growth. Major companies like QVC, Rubbermaid, Green Mountain Coffee and Amazon are building nearly 15 million square feet of distribution centers. The Virginia government has put over $250M into new highways and bridges to accommodate increased trucking. Walmart paid 50% over market value for the last available commercial lot. Canon dedicated $100 Million dollars to expand their factory operations here within the last 60 days.
This all spells OPPORTUNITY for real estate investors like you and me.
It trickles down to 20,000+ new jobs in what was already a successful economy. Rents and home values are skyrocketing because the demand is exponentially increasing yet, as a colonial city, inventory is finite.
Building permits doubled in 2014 over the previous year and every piece of available land has been bought up.
And we haven’t even talked about taxes yet. Virginia has the lowest combined state and local taxes in the nation with no local income or state property tax!
Join us at our upcoming event to find out how you can acquire fully renovated town homes and condos ranging from $90,000 – $150,000 that rent between $900-$1600 in B+ neighborhoods with excellent property management in place.
Please note, Californians… this is good for the East Coast but not so good for us. The estimated loss of business from the port of LA to the Port of VA is a staggering 25% once the canal opens in 2016. Perhaps its time to think about selling property at it’s peak in California and exchanging it for affordable, high cash flowing properties in regions that are booming economically.
Non-recourse financing is also available and pre-approved (!) on all assets at 55% LTV and 5% interest, so it’s perfect for self-directed IRA’s, LLC’s or foreign investors.
We are the anti-gurus
So many real estate groups try to sell you bootcamps and products you don’t need. We just want you to grow your wealth through savvy real estate investments that pay you monthly cash flow dividends. Therefore, our events are educational only. We pride ourselves on being experts on market timing and the next hottest emerging real estate markets. There are never any high-pressure back of the room sales.
Simply come learn, relax, and leave your wallet at home. Find out how other Real Wealth Network members are substantially growing their wealth, secured to tangible income-producing assets.
PLEASANT HILL - Free Event
Friday, May 15th
2250 Contra Costa Blvd,
Pleasant Hill, CA 94523
12 Noon – 3:00 PM
FOSTER CITY - Free Event
Saturday, May 16th
1221 Chess Dr.
Foster City, CA 94404
12 Noon – 3:00 PM
Real Wealth Network does not provide legal, tax, accounting, or other professional advice. Seek the services of a licensed professional. Real Wealth Network, LLC and it’s principals are not acting as real estate brokers for its members. Use your own independent judgment at all times, and seek the services of licensed appraisers and inspectors to verify the value and condition of any property you intend to purchase. Never send funds directly to the seller but instead, use the services of title and escrow companies. Nothing on this webpage is intended to form a contract or binding legal commitment. All content herein is the copyright (c) 2015 of Real Wealth Network, LLC.