Wednesday, October 21, 2009

Larry's Financial Tip June 09

In February, the U.S. Government signed into law an economic stimulus act that pours $787 billion into the U.S. economy. But instead of issuing stimulus checks like President George W. Bush did, the current administration opted to pour money into government programs and public works. Does that mean that as real estate investors you won’t get to see any of the action?

Not at all! I’ve been studying and researching the stimulus plan and I’ve actually just finished writing a course on over 300 ways that investors just like you and I can benefit from the government’s money. I’m going to share with you today exactly how you can target your real estate investing to get a piece of the American pie colored green!

The Federal government is doling out plenty of money for projects. Some of that money is going to Federal projects and some of it is going to state projects or local projects. The states then hand out their share to various state and local projects. One of the biggest projects right now is road and highway repairs and construction. You don’t, however, have to be in the road construction business to cash in on this money.

Check out the Federal recovery web site at http://www.recovery.gov or your state or local recovery website to see what projects are currently underway or about to be funded. Each project will require tons of employees. The government estimates the road projects alone this year will replace as many jobs as have been lost in the auto industry. That’s a lot of people excavating, laying concrete, driving steam rollers, and holding traffic warning signs. To profit, you just need to track where those projects are being funded.

All those people have to live somewhere. Just like the Industrial Revolution caused people by the millions to migrate to the cities, the road construction projects will cause people to migrate where the work is. And the work isn’t just in cities. State and National parks are funded for road work as are cities and suburbs and even rural areas. What you have to do is research where the work will be done and look for investment properties to flip to the home improvement buyer or to lease-to-own or to rent. The next American land rush may very well be exactly where the stimulus money is going. And now you know how to get there first and have real estate to sell or rent to new residents.

To track road construction projects funded by the recovery act, go to http://www.dot.gov/recovery/.

For more really cool ways that the American Recovery and Reinvestment Act can actually help your real estate investing business or any small business, check out my new course coming soon at http://www.StimulusOpportunitySecrets.com.

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