April 9th, 2010 19:49 EST
Should I Buy Real Estate Now?
There`s no single question, that I`ve been asked more in the last six months, than "is now a good time to by real estate"?
The answer to this question is very simple. It`s "yes" and "no".
The answer is "yes" if you are a real estate professional. If you`re not a professional, if you`re not exposed to the market on a regular basis and if you don`t know what`s going on precisely in the markets where you operate, then now is not a great time for you to throw some money around, hoping that you can cash in on the distress in the marketplace.
At present, the real estate markets are nothing short of a big mess. The banks are taking over more property then they know what to do with. But ironically, unlike in the 1980`s, the banks are not being forced to liquidate their inventory by the FDIC, (the agency that regulates banks) once they take it back. Because there isn`t pressure from the FDIC to liquidate the portfolios of under-performing real estate, the banks would rather let it sit on their books, than recognize the giant losses that come with liquidating or writing off the toxic assets on their books. For that reason, the markets have not fallen to the place where many investors believe they should be. Real estate investment, and the capital needed to acquire real estate, has not normalized - and it likely will not normalize for a few more years.
For that reason, now is a brilliant time to buy real estate, if you are a real estate professional. If you are expertly aware of the markets, reviewing the markets everyday and looking at deals, studying transactions, and histories every day, then now is like being in a candy store. There`s tremendous distress in the market place, and the number of anomalies that exist are nothing short of amazing. There are huge amounts of opportunity in certain pockets of the market. You just have to know where to look.
There`s no playbook that tells a novice, or someone who does not spend all day long looking at real estate, where they should go, and what properties they should buy. Every sector of the marketplace has irregularities, and seasoned investors are the ones that can spot the irregularities from a mile away. There are tremendous opportunities for people with the "know how" to make money. For others, it`s a crap shoot.
And as usual, buyers need to beware.
So how does an investor, that`s not a full-time professional, take advantage of these markets?
It`s imperative for investors who want to get into the marketplace, to partner with professionals. Get onto the team of somebody whose an expert at picking, rehabilitating, repositioning, and disposing of assets in highly profitable sectors. It`s possible to get on the teams of professional investors, by positioning yourself as a cash investor, and letting someone who knows more about the real estate game than you do make the buy, rehabilitation, and sell decisions on your behalf, and then you share the profits with the experts.
Our company creates these investment teams by pooling funds that mostly come from investors, and by sharing the profits that we make with our investors. We`re are not the only company that does this, but we are fair and we are good at what we do. If you`d like to join an investment team, you should seek out professional investors that you believe are competent and capable of succeeding in this turbulent marketplace.
If you`d like more information about our strategies and what we`re doing everyday to take advantage of the anomalies and irregularities in the marketplace, then be in touch with us right away. The opportunities that exist will not last forever, but they are available now to investors who are savvy, who are willing to move fast, and who are able to exercise self discipline - to profit by recognizing that "pigs get fat and hogs go to slaughter". I explained this critical investing concept previously - go here to review (http://tinyurl.com/y9x4l7d).
Don`t go out by yourself if you don`t know the markets. Get behind people who know what they are doing, and make money from their efforts.
If you have an opinion or thought on this topic, please write a comment by entering your thoughts in the form below. Let us know what you think and if my thoughts resonate with yours.
Our readers enjoy reading what others think. Send a link to this blog to one or more of your friends and get them to become one of our subscribers. This will help us to expand our circle of influence and allow us to share this and other great material with your friends. Thank you for being one of our loyal readers. We appreciate you and we are rooting for your success.
We are in the real estate syndication business. We invest in properties and we offer seminars to assist others in acquiring the skills needed to raise capital (syndicate capital) to acquire properties. Imagine knowing how to pool funds to purchase any real estate investment, whether it is for single family, multi-family, commercial or another kind of investment property. For full information, go to www.syndicatefast.com.
Our real estate company is Bullseye Capital (www.bullseyecap.com), a full service real estate company that supports owners and buyers of real estate assets with brokerage, leasing, property management and mortgage services. We also provide investment opportunities to accredited investors who want to take advantage of the opportunities.
About Joel G. Block, President of Growth-Logic, Inc. Often dubbed a "Growth Architect" by his clients, Joel Block advises companies on explosive growth strategies by driving revenue and sales. Well known in the capital markets, Joel is a successful entrepreneur, speaker, advisor and astute investor. To bring Joel into your company, please visit http://www.joelblock.com.