198: Look For Deals Where The Price Is So Low You Can’t Lose Money

In order to be successful in Real Estate, you need to understand markets and trends. When certain asset classes get too frothy, you need to look for other opportunities to get the best returns. Ken Naim, a successful Real Estate investor, doesn’t try to fit a square peg into a round hole in late cycle markets. Instead, Ken looks for opportunistic deals across asset classes as long as the prices are low enough that he can’t possibly lose money. Recently, Ken has made highly lucrative deals in off-market warehouse space and office. He’s now looking at a land deal in a path-of-progress market where he’s going to entitle the land and get It rezoned. This project can potentially result in an increase in value 3 to 4x in 12-18 months.