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Do You Have Neighborhoods Like This?
By Tom Dunn | September 10, 2008
My wife and I, along with another couple, visited our city’s excellent open-air farmers market a few weeks ago. The market is located in an urban neighborhood we don’t visit often, and frankly, it’s a troubled area. The streets are littered with old cars and garbage, there are vacant lots where there used to be houses, and what homes there are suffer from neglect and disrepair. It’s tough to find decent on-street parking where you feel safe enough to leave your car. The market’s wonderful… the neighborhood leaves a lot to be desired.
It’s truly a shame, because with all the activity the market brings, and the interest it attracts, the neighborhood could be vital and alive. After parking our car, we walked a couple of blocks to the market. As we walked along, I couldn’t help but wonder what could be done. I asked myself, what if somebody cared enough, and had the financial resources, to buy all the houses on this street? They could fix them all up, and sell them to working families who would make this crime-ridden area a thriving community once again.
But half-way efforts wouldn’t cut it. It would need to be all – or most – of the houses on the entire street, the entire block for that matter. Otherwise you wouldn’t really be changing the neighborhood, and families wouldn’t feel safe. that would take more than an individual investor. It would take a group of investors, or even a company. But it could be done, with the right vision and leadership.
All this passed through my mind on that trip downtown a few weeks ago. It was a pleasant fantasy at the time, but I didn’t come up with any answers, so I let the matter drop.
Then I met Ephren Taylor. Well, I didn’t literally meet him, but I “met” him on the Internet, and I learned that he’s doing exactly the kind of thing I fantasized about, in cities all across the country. Not only that, but individual investors – investors just like you and me – are partnering with him to revitalize urban neighborhoods. And those investors are earning double-digit returns, often with no cash of their own.
You see, Taylor has pioneered cash free real estate investing, using only the investor’s good credit, to leverage loans for working-class families in these urban neighborhoods. he’s also created a self-directed IRA real estate investing program, that allows investors to tap into the dormant power of their own retirement funds, creating opportunity where there was none before.
All of this, combined with truly socially conscious investing guidelines, makes Taylor’s programs totally unique, empowering for the communities being impacted, life-changing for the new homeowners, and incredibly profitable for the investors.
Find out more on this site by visiting our main pages at Cash Free Real Estate Investing or IRA Real Estate Investing.
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