Real Estate Investing: Working with the Changing Market

By Bob Brabb

The current state of the economy and the housing market has created a unique opportunity for the homeowner and real estate investor.

If you are ready to dive in and invest in real estate, then here are some helpful tips:

Finding the property

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

There Are Great Deals All Around You! This is a buyer's market; the supply is great and the demand is low; therefore, the price is right for real estate investing.

Getting Started

How do you leverage your time and money in finding those great deals? If you are new at the game, the best way to manage your real estate investing career is to get to know a Realtor. A Real Estate professional has expertise and knowledge of the housing market. You can be confident in teaming up with an experienced Realtor, who strives to provide a high level of service, because he or she knows that their business thrives from giving good service.

Good business breeds more business (referrals) and bad business, puts a Realtor out of business!

A good real estate professional will understand today's market and how to help you save time, recognize opportunities and make money. Attempting to get started on your own could set you up for financial loss and liability risk.

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.

Finding the Realtor

There are realtor directories on line; you can talk to family or friends who have recently purchased a home or invested in real estate. Join a local real estate investors association and attend their meetings. Attend seminars and workshops for real estate investors.

The time is right for investing in real estate. If you work with an experienced realtor, they will be able to assist you in finding a great deal, whether you're a first time home buyer or a beginning real estate investor. Working in partnership can benefit the new investor as well as seasoned investors.

About the Author:

This article was written by Bob Brabb a Real Estate Investor with experience in foreclosures, pre-foreclosures, short sale negotiations, wholesale transactions and many other investing techniques 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' financial goals and expectations.