the complete picture or as I like to say “all
the numbers”. Then there are some that
So what do you do
when the market is
rising and Investors
everywhere have
become motivated
buyers?
are spot on. My wife and I really like the
mother daughter team from “Good Bones”
Fact they were just in Texas at the Realty
411 Expo. By the way places and events
like that are great for Networking. I even
made contact with an investor that might
work with me in our Costa Rica Investment
project.
Anyway I have been in real estate for 30 years
as an Investor. What you need to keep in
I
It seems everyone has just mind is you need many different exit
started buying any and everything strategies to be successful in real estate
in real estate and for very high investing. What I mean is you need to know
prices. You go to the tax sales how to Wholesale real estate when the
and they sell for more than the equity is there to do so. You need to be able
Tax value and many times more to Buy & Hold properties to generate
than the comps and the buyers income on a monthly basis. Buy Rentals
have not even been inside the right and you always have Cash coming in.
properties.
You also need to know the most popular exit
Yet I see and know a lot of season investors these days which is to Buy, Fix & Sell, but
out there that are diversified in their investing you need a lot of equity to do that. Then you
strategies. They like me refuse to become also have notes, right now you can get
Motivated Buyers. But not everyone has some really good deals on notes. They may
that luxury. The reason is most investors not be local or even in my market, Texas but
seem to have only one or two exit strategies keep an eye out for them. Some notes may
and that’s it. The most popular has to be have a lot of equity in them, so if something
Buy, Fix and Flip! More Newbies are goes wrong you actually may end up with
entering the arena mainly due to the many that property and a lot of equity.
popular HGTV shows.
Are You in A Bubbly Market?
If So What Do You Do?
Some of those shows are really good, but
many are, well let’s say they do not show
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