Home : Real Estate Is Not Dead: Invest Now While the Market's Reeling

Real Estate Is Not Dead: Invest Now While the Market's Reeling

Posted by Brett Carman on 10/28/2008 at 1:07 PM
Posted in Real Estate

While the press has made the economic downturn and the credit-default swap debacle a top story, don’t let it stop you from living your life and making your dreams come true. Bad news sells better than good news and I am not here to sell anything.

Listen up to what I am about to say...the real estate market is not dead. That being said, there has been a major correction to many of our nations markets but that is just the way that cycles work. The question becomes: Do you want to take advantage of the buying opportunities or sit on the sideline and wait for prices to head back up?

Investors who are flush with cash are making huge buys right now and picking up some great deals. They recognize good deals when they see them and aren’t being frightened by the liberal media’s scare tactics. Whether you are a small fish or a big fish, I would encourage you to meet with a commercial and/or residential lender to see what programs you may qualify for. Identify this and then start shopping for some great properties at distressed prices. I have personally seen some properties going for 30-40 cents on the dollar.

Remember the 2 truths in real estate:

You make money in real estate when you buy it right.
Buy low-sell high and not the other way around.

My recommendation is to take advantage of the tough credit market and acquire great properties that will become valuable income producers while appreciating over the coming years. Feel free to post your questions, comments or simply sign up to take some of the wonderful real estate investment courses offered at Trump University.

Related Training:

Profit From Foreclosure Investing
Real Estate Investing
Real Estate Coaching
Creative Financing

Brett Carman is a seasoned veteran in the real estate industry for over 17 years. He holds active licenses in real estate, mortgage finance, and property & casualty insurance. Offering a one-stop shop for his residential and commercial clients, he strives to not only educate, but streamline the real estate acquisition process. With a long and proven track record of success, he is uniquely qualified and has a passion for helping people achieve their goals in real estate.

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4 Comments

Posted by Luis Pereira - DYN outsourcing Costa Rica on 11/20/2008 11:57 PM

Think big !!!, it is a time to be encourage and find better options, for example Costa Rica, in last 10 years many companies from US, moved its operation down here, and now is a business destination. Real Estate business is always one of the most secure investments, then why don´t considering invest in Real Estate in Costa Rica, not in the beach, but in offices facilities, we at http://www.dyncr.com are getting many visits from foreigners Companies looking for advice to be relocate in Costa Rica. So, why dont be smart, is confirmed Costa Rica, is a country where companies are finding good workers, a peaceful country, strategic location, the same time zone.

Posted by Luis Pereira - DYN outsourcing Costa Rica on 12/02/2008 7:52 PM

Reading the news here in Costa Rica today I found news like this: "Oficenters (commercial real estate) is not in crisis" or "translational companies are still investing in Costa Rica more than $144k". these news gives me more reasons to think is time to invest in Commercial Business in Costa Rica.
If you analyzed both news, you have everything you need: Clients looking for an specific product (offices space), and products to sell (commercial buildings).
There are many many areas around down town, near of the international Airport, with all services around, on sale, is just to see what are the transnational companies looking for and you can make money.
We at http://dyncr.com have been helping companies to start their operations in Costa Rica, and is clear at this time all of them are paying rent every month, basically paying for location. Investing in Costa Rica, is secure and the Constitutional Rules gives the same rights to foreigners, the prices of the products are low, so is a good time to buy and build.
Again, we are sure it is time to go ahead and see Costa Rica as a good destiny to be protected from the crisis, is just to consider buy and build here, or moves funds from your Self-Directed IRA.

Posted by member1908119 on 01/15/2009 6:54 AM

We have been looking into investing into homes that can be remodeled and resold at a layer time when the market is ripe. Right now for instance there is a rancher in Northern Va outside of Leesburg in a growing neighborhood. It is 2800 sq ft. 3 bdrms 2 1/2 baths 2 car garage 1/2 acre lot and decent shape. Needs curb appeal and remodel in kitchen bath and all new paint and fixtures. Probably we will do wood flooring. Dave, my husband who is an Electrical Contractor and also used to do Landscaping and beautiful designs as our home is testimony for that, has a great talent and vision along with my decorating senses. It is on the market for only $49,000! We have found unbelievable amounts of homes marked down in prices from $40,000 to $80,000 that should be double and triple priced after TLC is done to the property. I think this is an Entrepeneur's market now. Here is my question:
Should we invest and try to flip the homes or rent them out until the market is stronger? Would it be a wise idea to rent? My husband wants to and I am uncomfortable, only because of the things you hear about what renters are capable of doing to a home to destroy it. We are just starting out and would not have a great amount of capital to re-invest back into the same home if we had to replace appliances and redo the floors and rooms. My husband says renting will pay the mortgage on that home and allow us to move on to the next one while we wait for the prime moment to sell, HELP, Mr Trump!
Thank You.

Posted by member1894102 on 02/09/2009 3:35 AM

Thank u so much but i would have really need those books if i had enough cash with me. but all the same thanks. i really want to know more on lettings. hanks.

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