Could a summer real estate road trip be exactly what you need to propel your investing business to the next level? At the same time, traveling to specific places will allot you some much deserved rest and relaxation while growing your portfolio.
With summer approaching, real estate investors are gearing up for a busy season. However, those that have invested in their real estate education and have their systems set up can enjoy getting away without missing a beat.
In fact, whether you are completely organized or not, getting away this summer could be one of the best moves you make for your real estate investing business as a whole.
Scrambling the private jet to head off to an exotic destination can be fun, but not very green or original. So how about going old school with a road trip?
The following summer road trip ideas could be just the thing you need to build your business, spur innovation and even find new real estate deals:
1. Tour Coworking Spaces
For those wanting to boost their contacts list and network with other business owners, touring various coworking spaces around the country could be a great move. Just do a Google search and you’ll likely find plenty on your route. This way you can enjoy a new destination while growing your contacts list.
2. Seeking Inspiration
Perhaps what you really need is some quite time away to recharge and get inspired. Many may find it beneficial to continue and further their real estate education. Find your haven with spectacular views among the mountains, on a deserted beach or even from a skyscraper overlooking the city.
3. Get Boots on the Ground
The media seems to throw out new real estate investing ‘hotspots’ every week. If there are a few you’ve really been considering putting money into, this is your chance to visit and see how the markets are preforming for yourself. Find locations that interest you and add them to your real estate road trip. Think San Diego, New Haven, Miami and NYC. Each of these locations are prime for real estate investors looking to expand. If established cities are not your thing, distressed cities are currently a hot spot for investment opportunities.