Real Estate Investing 911 | Navigating the Real Estate Industry Shakeout

Posted on 27 November 2008

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Hundreds – if not thousands – of negative news stories have been done in the last year discussing just how bad the real estate market is, how homeowners and real estate investors and those involved in real estate investing as a business have lost their shirts, and how these terrible conditions are likely to continue for the foreseeable future.  You’re only getting part of the story.  Let me play Paul Harvey for a minute and give you the rest.

While it’s true that in the next two years or so more than 2 million homeowners stand to lose their homes to foreclosure.  I want you to be aware that many of the areas hardest hit by the foreclosure and credit mess are in areas that saw the most dramatic increases in values when America was riding high on the real estate market “bubble”.

Parts of California, Florida, and Texas – which saw annual double digit real estate growth – have seen unbelievable drops in property values and massive foreclosures.  These are also areas that had a lot of subprime mortgages written – and foreclosed upon.

Yet, in more rural areas – parts of the Midwest and in parts of the south – values have remained somewhat stable (in comparison).  Times have been tough and will be for awhile.  Tough times call for you to step out of your comfort zone and take advantage of new opportunities.

If you sit on your couch with a remote control and listen to naysayers like Wolf Blitzer talk gloom and doom for the next two years, not only will you get terribly depressed about Western Civilization’s chances of surviving this market, you’ll also miss out on a once in a lifetime opportunity to join the ranks of the super rich.

Serious real estate investors are not only continuing to do deals through this “unprecedented financial calamity” – they’re turning huge profits while they do it!  So what do these investors know that you don’t?  Is there a secret handshake that gets them into a secret passageway to profitability?

Savvy real estate investors don’t have a secret club, handshake, or access to an underworld of real estate profitability.  Real estate has traditionally been about finding the right property at the right price at the right time in the right location – and knowing when to cash in on their profits.

That’s the answer.  Actually there are two answers.  Knowledge and contacts.

If you can put yourself in the right place at the right time and you have pertinent information, you can turn an immediate profit on the front end of your real estate transactions.  Then, you can hold your property and weather any storm that comes along while enjoying positive cash flow from your property.  Then, when the market comes back to life you can sell your property to a buyer for a tidy backend profit.

In order to make this happen you need to know who to talk to and where to turn for lucrative investing investing opportunities.  Are you still unclear about how to move forward with your career?

If you are you’ve got a couple of different opportunities available to you.  You can stick your head in the sand and wait for the perfect time to invest, or you can grab life by the horns and do something about it.  (Remember there are massive piles of bones of people still waiting for the perfect time for a multitude of opportunities!)

There are people that can line you up with lucrative real estate investing opportunities.  If you don’t know the ins and outs of what to do or who to talk to during this process, you need to explore your available options more carefully and then get the process started.


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This post was written by:

Barry Cunningham - who has written 4986 posts on Real Estate Radio USA.


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