Doug Boyer

Guide to Investing at any Age

2008-01-30T17:09:00Z

BABY BOOMERS GUIDE TO INVESTING

Hello Baby Boomer's! Our time is here for some and almost here for others. Time to retire and enjoy our remaining years in the pursuit of joy and happiness. Plan those trips, buy that home on the beach or get that convertible you’ve always wanted. It’s time for your dreams to become reality.

What is that I heard on the news? Stocks, mutual funds went down!!!! All you have is your IRA and maybe if you’re lucky a pension and oh yes, let’s not forget our social security.

Well, I’m here to tell you that I’ve secured my future and didn’t even start till after I was fifty (50). Have I gotten your attention!!!! Would you like to know more, then read on!!!!

In 2001 when the most catastrophic event that has ever happened to our country occurred on September 11, 2001 I too became one of many who was layed off, over fifty and told by everyone, “Good Luck” find a job at your age. Well, guess what? Those people were right. I spent a year searching for a job and found that what was available was 30-40% less than what I had been making. The tears fell, the woe is me and pity party set in but, then reality hit. If I can’t get a job and our mutual funds aren’t growing, what will we have when we retire.

Of course, all of us have become accustom to our own life style and being a BABY BOOMER myself I realized our generation has and still are big users of credit cards, cash in on the equity in our homes and live the motto of “Live for today and deal with tomorrow when tomorrow comes.” Tomorrow is already here for some and just around the corner for others.

My husband and I sat down one evening and pulled all our financial records to see where and how much money we had accumulated to this point for our retirement. We sat looking at our mutual funds, annuities , stock, bonds, Cd's IRAs and even our savings bonds that we started saving with when we first got married. Wow, we were so excited back then to think that we had started so young to secure our retirement. The total amount of all those years of saving and often doing without, putting our son through college had now left us with about $158, 000.

Once upon a time that would have been a great amount to retire and live out those golden years upon. Now that might be enough to live 5-10 years on and that’s if your home is paid for and all you have are your regular monthly expenses. Of course that’s no car payment or any type of expenditures that would increase your monthly set expenses.

Since our mortgage lenders have made it so easy to draw the equity out of our homes there are a large percentage of baby boomer's who have taken that equity to pay credit card debt, make improvements or renovations on their homes. Our parents were a cash and carry generation. If you couldn't pay for it you didn't buy it until you could pay for it.

Back to my story. My husband and I were concerned about our future and talked for hours and hours trying to decide how to take our $158,000 and turn it into $500,000 or more. Our conclusion was that unless we hit the lottery or a rich relative died leaving us a fortune we were up the creek without a paddle.

Then one evening our son came over and having a finance degree he began talking about how he was securing his family's future. He had bought his first investment property and was only thirty (30) years old. Thirty is a great age because you're still not afraid to be a bit adventurous. In just his first purchase he had acquired $32,000 in equity. Wow, it had taken my husband and I 10 years to save that amount. Now it was time to think about buying property. Could we overcome our fear of spending our hard earned money in order to invest. Our mutual funds and certainly our other investments weren't growing the way we had anticipated so we decided to call various lenders and see what type of financing was available and what we could buy for X amount of dollars.

Long story short, we found a mortgage broker who could help us with little or no money down. We were then fortunate enough to find a Realtor who understood our needs and what we had to invest.

We bought our first property in 2003 and now own fifteen (15) properties and have a net worth of over $500,000. We've set a goal as to how long we want to keep the properties and what our proposed net worth will be at that time. In the meantime, the properties are rented and cover the cost of the mortgages and we have a monthly residual income of $2,400.

Does that sound good to you! My father always said you can't go wrong owning real estate. Since acquiring these properties my son and I have gotten our realtor's license and now show others how to achieve what we did in a short time period.

CALL US FOR DETAILS.........

Doug Boyer-678-451-8426

Dawn Boyer-678-491-4258

John Adam Teaches

2008-01-26T21:21:00Z

Top 5 Reasons to Attend John Adams Seminar-Land lord Survival Seminar

1.Income - is produced in the form of rent, which can be used to pay for the property as you buy it. With current low interest rates, it is possible to have the rent not only cover your monthly payments, but also generate a positive cash flow which increases as time goes by.
2.Depreciation - and other TAX BENEFITS are so good for real estate, that it's hard to believe they are true. If you structure your purchases and sales correctly, you can make huge profits and never pay one penny in state or federal income tax.
3.Equity Build-Up - begins with the first loan payment you make and continues until you own the property free and clear. This slow, steady growth pattern accelerates because each payment contains more principal and less interest, building more profit for you.
4.Appreciation - is the gradual increase in value over time due to inflation and the law of supply and demand. Unlike the stock market, home prices tend to grow slowly and steadily. In all the years that the government has kept statistics, the average price of homes in America has never declined, not even once.
5.Leverage - is the ability of a small amount of money to control a much larger investment. Real Estate can be leveraged safely and easily because lenders believe that homes will be worth more in the future, so their loans are secure. In fact, lenders are so confident in real estate that they loan for long periods at extremely low interest rates. That means more profit for you, as rents rise year after year.
CALL 404-373-6000 FOR MORE INFORMATION, LOCATIONS OR TO SIGN UP

Talk to Realtors Who Invest

2007-07-22T16:20:00Z

Are you looking to join the real estate world of investment? Well, if you are, we are the team to talk to. Just four short years ago we llooked at our retirement portfolios and found that our money markets, mutual funds, 401K's and IRA's just weren't producing what we thought we would need for retirement. Our son the financial guru said what not invest in real estate. Well, when you reach a certain age you become aliitle more apprehensive about how you spend your hard earned savings. With alot of research we finally decided to go for it. What we had was $158,000 and we wanted to make this grow. We now have a net worth of $2.2 million and a residual income each month plus if at a moments notice we needed money the equity we have is $450,000. What to know more??????? Call the Boyer Team!!

Georgia Information

2007-06-13T16:21:00Z

Your hopes and dreams become reality in Georgia. Come visit and see what we have to offer.

2 Story For Sale in Gwinnett County

2007-03-19T06:00:00Z

• 2,232 sq. ft., 3 bath, 4 bdrm 2 story "Traditional home" - MLS® $179,900 - Great value lots of extra

Gwinnett County, Georgia

Property information