How 2 turn $20,000 into 7 million prior to Hyperinflation

The best way to make millions prior to Hyperinflation is using leverage and buying residential properties with little money down because they are easy to refinance and buy more properties.

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[dustinkdl]

I am a real estate investor in my 20's. I bought a foreclosed home a few years ago and completely renovated it. I now have an mls listing. I am walking away with 60k and I have two questions for you. I would really like to ask you. I am in the Midwest and 60k is a nice start in my area. I could buy 3 nice houses.each rented for 500 a month. If you could email me at dustinkdl@yahoo.com I would really appreciate 5mins of your time. I can prove my home ownership in 1 minute through auditors websi

[MrAlanKendall]

@dustinkdl

The Loan Resets got pushed out till October 2012 so in 2012 it interest rates and prices will be the lowest going forward. You want to lock in a fixed loan and hold on. If you can buy the 3 homes in 2012, you will get a better rate and price than in 2013.

[chrysler3c]

THATS WHAT CAUSED THE PROBLEM IN THE FIRST PLACE!!!!!!!EVERYONE THOUGHT THEY COULD BE A LANDLORD!!!!!!!!!!!!!!!!!

[MrAlanKendall]

@chrysler3c

Leverage works against the owner when prices are falling but for the owner when prices are rising. See my video on "Should I buy Real Estate in January 2012?"

[flanksteak2]

Why would the United States go into Hyperinflation when it can produce all it's own goods right here on it's own soil?

[MrAlanKendall]

@flanksteak2

I have my doubts about hyperinflation myself. But if people really believe in inflation they will buy Real Estate and use leverage. If Hyperinflation, then the Real Estate will do even better prior to the Hyperinflation when the economy has double digit inflation. Zimbabwe went through stages. 1) High Single digit inflation for 20 years. 2) Double digit inflation for 4 years. 3) Tripple digit for 4 years 4) Quadruple digit inflation for 2 years and 5) the collapse.

[deadcell1]

Your safer just taking the $20,000 and buying gold, silver, and seeds. leading up to and during hyper inflation no one is going to be buying any houses when they are struggling to feed themselves.

[TheeLynnChase]

your leaving out the obvious which is the dollars will be worthless so you will have 7 million dollars that might buy you a loaf of bread. lol The bread will be worth more than any paper.

[johnbarkand]

@TheeLynnChase good call MR. CHASE Ron Paul 2012

[salsaby1103]

i'm not good at this...but first you have to be fortunate enough to have 20,000 and the banks are not lending anyway

[GregJoshuaW]

@MrAlanKendall unless the Fed starts upping interest rates to curb the inflation. Of course, if you do what this guy suggests and we go into a deflation, you're completely screwed. However, with Ben Bernanke at the helm, we can hope he'll print enough cash to stave this. Right now, its deflation vs inflation in an epic worldwide battle. Interesting times.

[altgeldrarities]

Money really isn't that important.

[TumisHumis]

@flanksteak2 We can produce all of our own goods, but we don't. Unions destroy profit, and Corporations respond to this by outsourcing jobs. Unions were good when they were saving lives, now they're destroying them by giving you 30 dollars an hour for screwing in a couple bolts. I'd do it for half that, and Indians/Chinese would do it for a bowl of rice.

[myassin2009]

@deadcell1 If there is a point where people are struggling to feed themselves, I doubt gold and silver will be a priority.