Real Estate Investors Licking Their Chops

After over 3 years of severe downturn it appears we have reached the point that we have been waiting for. Many markets have retraced to levels not seen since the late 80’s and early 90’s. As a result, savvy investors that didn’t get themselves into trouble in this last boom are positioning to take advantage of the tremendous opportunities that exist.

In Los Angeles County there are over 2500 properties being auctioned every day! These properties are selling at an average of 75 cents on the dollar and being resold at full current retail. The buyer demand is increasing yet the back end inventory is at record levels.

Located in Lee County on Florida’s southwest coast, Cape Coral has over 420 miles of waterfront property. It contains the largest supply of waterfront property in the world. Homes are selling at 40 - 70 cents on the dollar through auction and presenting a tremendous opportunity for those with the knowledge and resources in place.

Investment groups are earning 30%+ on homes they are buying through auctions, fixing and flipping over a 4 month period. Combine this with leveraging and these experienced investors are taking advantage of a ripe market.

However, this type of investment is not for everyone, As I have always said, if you are planning to make a killing in 3 months on a shoestring budget you should think again. It requires a lot of up-front research and resources.

This is the perfect time for anyone interested in buying real estate to hold for 5+ years. Mortgage interest rates are still at historically low levels and with the end of the slide in values anyone who is considering buying a home as a primary residence is in an excellent position and should do very well.

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