Has the real estate market bottomed? No, nope, not a chance. We are through 1 of 3 storms and have a crippled economy and really high unemployment. The good news is that we are through the worst. With terrible times come tremendous opportunities. After the last up cycle where everything went way higher then it should have, this had to happen. It is inevitable. If you are like me, you see the next 3-5 years as the opportunity of a lifetime. Here is why.
Storm 1 – We have survived the 1st wave of foreclosures. Properties in some areas dropped 40% and the inevitable correction has begun.
Storm 2 – A 2nd wave of foreclosures is on it’s way and will do the same. Only now home values are already much lower so drastic home value declines are unlikely. This will however impact home values negatively and keep them down for some […]
Original post by Ryan Moeller and software by Elliott Back
Real Estate Flipping Lease With Option