Charles Sells Interview

October 29th, 2018

Think Realty Radio Podcast Review
by Casey Ryan Richards (http://www.CaseyRyanRichards.name)

On today`s episode of Think Realty Radio, CEO Eddie Wilson interviewed Charles Sells of Platinum Investment Properties (PIP) about his real estate investment strategies.

According to Charles, he earns an average of 16% return on real estate investments without the same level of risk as the stock market. They achieve this by being selective in the markets which they invest in. For example, they used to be in Atlanta, but as Atlanta became oversold they moved into Charleston. They are now buying in Augusta and Savannah.

At PIP they use data to determine the best places to invest. They are interested in area with strong economic indicators. For example, Augusta is strong because the Army has been moving jobs there. When the next market turndown occurs, they think Augusta will avoid the pain.

Charles says that the next turndown in coming as soon as 18 months from today. A bubble is forming similar to what we saw in 2006. US Home prices are at an 11 year high and in San Francisco alone properties appreciated 18% last year. That is unheard of. What the data says being the scenes however is that foreclosures across the nation are up 44% as of July. He sees a downturn soon.

Investors that don`t know what they are doing could be in trouble. With over 9,300 people attempting a flip last year, real estate investing is hot. However, more than 87% of those people lost money. This is what isn`t reported on HGTV shows. PIP attempts to provide people with a passive form of investing to avoid these pitfalls.

What they do is buy Tax Deeds. In GA they earn 20% on a tax deed for the first 12 months. If they person doesn`t pay, they can foreclose. This gets them a property at 20-30% of fair market value. This is the best way to get a property in any market. They fix it and flip it to their investors providing turnkey options. Everything is passive.

Charles can be reached by emailing Charles@Sells2000.com
Casey can be reached at http://caseyryanrichards.caseyandmax.com Eddie can be reached at http://www.thinkrealtyradio.com