5/20/12 BP Newsletter: Pacing Your Investments, Increasing Profits, & Speeding Up New Deal Screenings
Hide thisMonday, March 22
I was wondering what strategy to look into in this very unique real estate market that socal is currently in. Here are some of the aspects of our environment in case you are reading this outside of sunny socal:
more demand than supply (tax credits and low int rates)
75% of listings are distressed: short sales & REOs
tight financing
nice rental market with many previous homeowners looking to rent
I have always been a believer of buy and hold but have read many investors on this site suggest capital growth when the right market presents itself. Any thoughts from kind genuises willing to share?
Here's to Creating Wealth!!!
Tripledecka
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