With all the positive news about the housing market rebounding in many areas of the country should you be considering changing up your real estate investing strategy?
Providing you have invested in a good real estate education you should be equipped to make great money from real estate investing in any market. Certainly as so many complained about the state of the housing market when things crashed, a turn around ought to make everyone happy. For those of you concerned about shrinking inventory and perhaps fewer bargain priced foreclosure deals on the market in the future don’t be. While spreads may be fat right now, an accelerating market also means growth that will enable you to flip homes faster, being able to sell your real estate investing deals at premium prices as buyers compete over them and likely a loosening up in mortgage lending which makes it easier for everyone to buy.
Do not fall prey to the urge to buy up everything in sight just because things are improving though. Don’t get caught up in the speculative mindset that caused the recent bubble. Stay true to smart real estate investing and buying habits and you will enjoy real financial security despite any future market fluctuations.
You will certainly be able to keep flipping houses. With mortgage rates now at 60 year lows building portfolios of rental properties will remain attractive and it should become a lot easier to attract private mortgage lenders as confidence in the housing market continues to grow.
There may be a lot more investors trying to jump into the market as things improve, so use this time now to establish a strong brand identity for your real estate investing company and make it more expensive for any competitors to compete with you.