How to play a slowdown in real estate

Still, there will come a time when cocktail chatter shifts from the riches in real estate to the risks. If you’re serious about investing, you’ll recognize that moment for what it is: a chance to snap up good property on the cheap. The time to prepare for that opportunity is now.

One of the smartest ways to get ready is to make friends with a local bank — the smaller the better. I’m talking about one-horse institutions, the kind that haven’t been snapped up in megamergers and that still spell bank with a “k,” not a “c.”

Read this article from CNNMoney.com

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