20,000 Real Estate Investors To Purchase $6M Of Preconstruction In Texas
GetPreconstructionDeals.com announces that its real estate investors will invest more than $6M in real estate in a resort destination of Texas. They anticipate rapid growth in the area and believe they are strategically poised to capitalize on future price and rent increases.
Niceville, FL (PRWEB) September 14, 2006 -- GetPreconstructionDeals.com announced today that it intends to purchase over $6M of rental duplexes in Marble Falls, Texas. When interviewed, Dr. Chris Anderson, president of the wholesale preconstruction group, stated that "this is a significant event for us because it is our first major investment in the state of Texas". "While this project is small in size, we believe it will add considerable value to our real estate investor's portfolios."
To put together this opportunity, GetPreconstructionDeals.com created a unique structure between land owner, builder, lender, and even another investment group. Many of its preconstruction investors are anticipating owning these properties for 2-5 years and thus will reap the rewards of a strong rental market. While they are renting, they expect that the addition of a new Home Depot, Office Depot, and a newly announced $700M mixed use project will do nothing but add value to their purchases. When these new additions are added to an already booming economy around the Horseshoe Bay Resort area of Marble Falls, they expect to their real estate investors to do well over the long term.
Critics immediately countered that this is a risky move since many areas of the country are seeing real estate sell slowly and many pundits are talking about a real estate bubble. Dr. Anderson chuckles in his response and says, "If you look over the history of real estate, their have always been soft times in the market however this is also the time when real estate investors made the most money because they could purchase properties at very attractive prices". He also stated that while there are many areas not of interest right now, he feels very strongly that Texas is poised to grow in value over the next 3-5 years.
GetPreconstructionDeals.com will offer this opportunity to its clients by first educating them via emails, articles, and videos, followed by a live Web Event held tonight. Prior to this event, clients have received 3 tutorial videos to really bring themselves up to speed: Understanding the Texas Market in 2006, Condos/Town homes/Duplexes and What You Need To Know, and Construction To Permanent Financing. The live event is scheduled for tonight, September 14, 2006 at 8 PM EST. If slots are still available, interested parties can attend the Preconstruction Event at no cost.
About GetPreconstructionDeals.com:
GetPreconstructionDeals.com is a long time industry leader in bringing unique opportunities to the individual investor. Its founders believe that real estate investing success can be obtained by creating partnerships between a large number of investors, developers, and other real estate professionals. Much of their services are free to investors including weekly newsletters, live project events, training, etc. For more information contact them at 1-800-581-5495 or sign up for Preconstruction information here.
Contact information:
Chris Anderson, Ph.D.
1-800-581-5495
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