PreConstruction Condo Pitfalls with Tracy Ma

<p>People buy things now to sell them higher years from now. That, if you could get lucky. What if something goes wrong? How can you recoup what you've invested?</p> <p>This is the scenario with pre-construction condos. The market is good now, and down the road, something crops up that would alter everything you've set out at the start.</p> <p>Tracy Ma is a thriving consultant, social entrepreneur, successful real estate & stock investor, and unquenchable lifelong learner.</p> <p>In this episode, Tracy Ma shares why she doesn't favor preconstruction condos even though it works for others. At the same time, she also talks of ways to protect yourself if you change your mind in the middle of the whole construction and how to bring in cash flows through long and short-term rentals afterward. She also discusses other profitable deals you can get into with less trouble.</p> <p>Checkout: Raising Capital Without Rejection Full-Day Workshop (Online):<a href='https://investorattractionworkshop.com/'> </a><a href='https://investorattractionworkshop.com/'>https://investorattractionworkshop.com/</a></p> <p>What you will learn from this episode for 18 minutes:</p> <ul><li>Discover exit strategies you can have to rake in cash flows and make the most of your investment with pre-construction condos</li> <li>Find out what you need to know when buying pre-constructed condos and the consequences when walking away when unit values get higher</li> <li>Learn about an investment portfolio that earns well even in its simplicity and helps you avoid a lot of headaches</li> </ul> <p>Resources:</p> <ul><li>Get Tracy's FREE real estate investing toolkit. Click here: <a href='https://www.youtube.com/c/FinancialNirvanaMama'>https://www.youtube.com/c/FinancialNirvanaMama</a></li> </ul> <p>Topics Covered:</p> <p>01:47 - What are preconstruction condos all about?</p> <p>03:14 - Understanding the speculation game about pre-construction condos</p> <p>07:43 - Consequences of walking away after the unit is appraised at a higher value years later</p>