Real Estate Investing: Working with the Changing Market

By Bob Brabb

Real estate can be funny thing; there are some strategies in real estate investing that are only successful when the economy is down and values are declining.

Are you ready to take action and maximize the situation? Here are some tips for investing in today's market:

Finding Great Deals

Look closer at the current situation in today's real estate market, which I call "The Perfect Storm" We have an over-abundance of bank owned properties and foreclosed homes The economy is down; many are unemployed Interest rates have recently hit record lows

This is a buyers market with many great buys on real estate all over the US. There is a variety of deals located in urban, suburban and rural areas with asking prices below their potential market value.

How do I Begin?

How does one leverage their funds and utilize their time if they are working a full time job and struggling to make ends meet? The recommended solution that has proven successful over and over again in real estate investing is to work with a professional. Find a real estate investor or other real estate professional, who has knowledge in the market and can help you find great deals. Teaming up with a real estate professional that provides a great service will ensure your success in real estate investing.

Referrals are a real estate investor's life blood; Good business sense breeds more business just as quickly as poor service loses business!

A good realtor knows the housing market and can help you to avoid time wasted, missed opportunities and financial loss. Going it alone could set-up you up for disaster as a beginning real estate investor.

There are plenty of on-line real estate investors and listings for great deals, which are accessible to the general public; there are also data bases for licensed agents who pay for the service. Your real estate agent will have access to the necessary tools and will possess knowledge of the latest technology so you will be the first to be informed about great real estate buys.

Closing the Transaction

Your savvy, experienced Realtor has many strategies to help the Investor to close the deal, whether the scenario is foreclosure homes, HUD properties, Wholesale deals or short sales. A Real Estate professional can structure the purchase offer, suggest financing, and refer other real estate professionals to create a winning closed deal.

Choosing a Real Estate Professional

Talk with Investors in your area, join local REIA clubs and attend meetings hosted by Realtor organizations to find the Real Estate Professional that will support your real estate business. A lot of real estate investors like to work in partnerships; many like to mentor new investors too.

The market is right for real estate investing; experienced real estate investors know how to recognize opportunities in today's market. If you are considering entering the real estate world, it is recommended that you find a mentor to work with. Real estate partnerships are also valuable to the experienced investor.

About the Author:

This article was written by Bob Brabb a Real Estate Investor with experience in foreclosures, pre-foreclosed homes, short sales, wholesaling real estate and many other investing strategies that work well in our constantly changing market. The Brabb Team uses all the latest technologies in market research, and business strategies to exceed their clients' expectations.