Real estate investing mentor Phil Pustejovsky is one of the few real estate experts who is ignoring the dire real estate predictions for 2014.
MIAMI BEACH, FL, USA - December 20th, 2013 /MM-AuthMedia/ -- As the new year gets closer, real estate market predictions abound. Money Magazine’s Make More in 2014 series predicts that price gains next year will be nearly half as strong as in 2013. The series concludes that buyers will gain an advantage since real estate investors will be less of a factor because there are fewer distressed homes available to flip.
There is a questions as to whether 2014 be a good year for real estate investors or not. There is at least one real estate experts who is ignoring the prognosticators altogether.
Real estate mentor and founder of FreedomMentor.com, Phil Pustejovsky, doesn’t bother to keep up with market forecasts and recommends his students disregard them as well. “Most so-called experts are lousy at predicting the future and whether the market goes up or down, that doesn’t reduce our opportunities for profitably investing in real estate,” remarks Phil. “Successfully investing in real estate involves applying fundamental investment strategies on each individual deal you look at, not on guessing as to where the overall market may be going.”
Money Magazine’s Make More in 2014 series predicts that price gains next year will be nearly half as strong as in 2013. The series concludes that buyers will gain an advantage since real estate investors will be less of a factor because there are fewer distressed homes available to flip.
As legendary forecaster Nate Silver explains in his book The Signal and the Noise: Why So Many Predictions Fail – But Some Don’t, most people who make predictions have a poor understanding of probability and uncertainty.
Even expert predictions fail because they choose confident predictions over more accurate ones. This “prediction paradox” means that the more humility people have about their ability to make predictions, the more successful they can be in planning for the future.
For Phil, he doesn’t spend any time trying to predict the future of the real estate market. Instead, he focuses on locating great deals and applying his unique and proprietary formulas to invest wisely. “My students and I have done very well in up and down markets,” says Phil, “We’re not gambling, we’re investing, and we don’t make bets on what the future may bring.”
The real estate investing education industry in general has not traditionally had a good reputation. Get rich quick seminars purporting that someone can make millions with no money down has given the industry a bad name. But Phil Pustejovsky and FreedomMentor.com have been changing all that, one student at a time.
“The approach taken by the majority of real estate investing education services out there is fundamentally flawed,” says Phil. “They cram the information into one 3-day seminar when what the student needs is an ongoing relationship with a mentor who is at their side to walk them step by step through the journey of becoming a successful real estate investor.”
Phil has also pioneered a revolutionary financial model whereby he shares in the profits with his students when deals close. “If you hire someone to teach you how to successfully invest in real estate, doesn’t it make sense that your mentor have mutually aligned incentives with you?” contends Phil.
Because Phil has a large, national network of students, he is also able to leverage their knowledge and experience to give each student a competitive advantage in their local market.
“We’ve cracked the real estate investing code and we are sharing it with our inner circle. Our students find huge profit opportunities in any market because what we do is timeless. When they stick with our fundamentals, they have amazing success,” says Phil. Read the student testimonials at FreedomMentor.com to see how they have profited from Phil’s mentoring.
Visit FreedomMentor.com to receive a free copy of Phil’s book How to be a Real Estate Investor. This Amazon #1 best seller reveals Phil’s investment secrets and is a must-read for anyone who is serious about being a real estate investor.
Visit http://FreedomMentor.com for more information.
Name: Phil Pustejovsky
Organization: Freedom Mentor