Inspiring stories of active agents investing in real estate and building passive income. We'll dive into how they are delivering a high level of service to clients while spotting opportunities, negotiating with homeowners, signing deals, and building additional streams of income. You'll come away from each episode with practical tips, tactics, and action steps, while being inspired to open your eyes to the potential deals are all around you!
Episodes
Thursday Dec 22, 2022
Thursday Dec 22, 2022
A couple of years ago, virtually any real estate deal would fly off the shelf, and investors could easily walk into a profitable deal. Now, the economic environment has changed dramatically, and investing vehicles that used to guarantee a ton of money have come to a screeching halt.
Now that the deals that were once profitable are now precarious, if we keep operating like before, we can find ourselves underwater at a time we should be preserving everything we have.
So if many investing deals are seeing a big shake up, how do we survive? Which models should we stay far away from?
In this episode, I’m talking about the harsh reality of today’s market, and how to avoid the least profitable real estate deals.
In the last couple of years, buyers were overlooking funky homes. Now with more inventory to choose from and less motivation, they are a lot less jumpy to get on a deal. -Tom Cafarella
Three Things You’ll Learn In This Episode
- Why we have to pivot away from what used to work well
Is the golden era of wholesale deals and tight margin flips squarely in the rearview mirror? - The deals investors will have a hard time selling
Why are long construction/renovations such a death knell for profitability in this market? - The downstream effects of the affordability crisis
Why has buyer demand dropped so dramatically over the last few months?
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.