You are scared to invest in real estate right now.
Banks collapsing and rising interest rates don't help.
But you can use these events to your advantage.
As it created these top 5 real estate opportunities:
Banks collapsing and rising interest rates don't help.
But you can use these events to your advantage.
As it created these top 5 real estate opportunities:
1. Short-Term Rentals in A+ locations
A recession means fewer vacations.
Layoffs will squeeze mom & pop operators in expensive locales.
The combo should provide discounted opportunities for furnished top-tier properties in off-peak season like mtn towns and snowbird states.
A recession means fewer vacations.
Layoffs will squeeze mom & pop operators in expensive locales.
The combo should provide discounted opportunities for furnished top-tier properties in off-peak season like mtn towns and snowbird states.
2. Commercial real estate
Most comm loans are 5-yr ARMs or Interest Only.
Operators that have to refinance soon will have to do so at a much higher rate, possibly making properties neg cash flow.
Selling at a discount before refinance will be the best way out for many.
Most comm loans are 5-yr ARMs or Interest Only.
Operators that have to refinance soon will have to do so at a much higher rate, possibly making properties neg cash flow.
Selling at a discount before refinance will be the best way out for many.
3. Luxury Apartments Under Construction
Will be very difficult to sell brand-new lux this spring.
Be ready to neg a ton of free upgrades and have all closing costs paid for.
They will be less inclined to drop price to protect comps, but will give you the world outside of this.
Will be very difficult to sell brand-new lux this spring.
Be ready to neg a ton of free upgrades and have all closing costs paid for.
They will be less inclined to drop price to protect comps, but will give you the world outside of this.
4. Empty lots in half-built neighborhoods
Builders developing neighborhoods will feel the pinch and most likely stop building their in-progress nabes until rates change.
Buying the unfinished lots will come with a steep discount if you can offer cash or buy more than one.
Builders developing neighborhoods will feel the pinch and most likely stop building their in-progress nabes until rates change.
Buying the unfinished lots will come with a steep discount if you can offer cash or buy more than one.
5. iBuyer inventory
Tech companies that overpaid for homes in the last 3 yrs are still paying interest on the funds they borrowed to buy these assets.
They will sell for a huge loss to a hedge fund, but the retail buyer making low-ball offers on listings should see success.
Tech companies that overpaid for homes in the last 3 yrs are still paying interest on the funds they borrowed to buy these assets.
They will sell for a huge loss to a hedge fund, but the retail buyer making low-ball offers on listings should see success.
This Spring RE Opportunity Recap:
• A+ STRs
• Commercial
• Undeveloped lots
• iBuyer single-family
• Lux under construction
For more detail, join my newsletter:
realestatemaxi.com
• A+ STRs
• Commercial
• Undeveloped lots
• iBuyer single-family
• Lux under construction
For more detail, join my newsletter:
realestatemaxi.com
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