Comments on: Utilizing a network of real estate agents to invest in a down market http://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bob Martinhttp://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/#comment-57559 Bob Martin Thu, 19 Jun 2008 11:43:43 +0000 http://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/#comment-57559 Fluctuations in prices are also driven by supply and demand, which in turn are determined to a large extent on investor psychology. Seeing a stock rise in price may cause investors to jump on the bandwagon and this rush to buy drives the price even faster. A falling price can have the same effect. These are short term fluctuations. prices tend to normalize after such runs. Hence, to predict possible upturns or downturns in the stock markets, it becomes imperative to track and analyze deal information. Fluctuations in prices are also driven by supply and demand, which in turn are determined to a large extent on investor psychology. Seeing a stock rise in price may cause investors to jump on the bandwagon and this rush to buy drives the price even faster. A falling price can have the same effect. These are short term fluctuations. prices tend to normalize after such runs. Hence, to predict possible upturns or downturns in the stock markets, it becomes imperative to track and analyze deal information.

]]> By: Bobhttp://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/#comment-57237 Bob Fri, 06 Jun 2008 01:21:50 +0000 http://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/#comment-57237 Soon, you'll be able to use Sibdu to help you on things like this. Thanks. Soon, you’ll be able to use Sibdu to help you on things like this. Thanks.

]]> By: Mike Farmerhttp://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/#comment-56974 Mike Farmer Fri, 23 May 2008 01:50:54 +0000 http://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/#comment-56974 Thanks, Mark, that's good to hear. Thanks, Mark, that’s good to hear.

]]> By: Mark McGlothlinhttp://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/#comment-56944 Mark McGlothlin Wed, 21 May 2008 17:37:22 +0000 http://www.biggerpockets.com/renewsblog/2008/05/20/utilizing-a-network-of-real-estate-agents-to-invest-in-a-down-market/#comment-56944 Mike, I have a friend who I’ve invested in multifamily with that has done this with a couple of high end / luxury homes in the past year, and done fairly well. As a multifamily investor she’s comfortable with long distance issues and dealing with property managers.We spoke about it on a call last weekend, and she said the most difficult aspect of the process was coming to a level of comfort with regard to the fundamentals of the market the homes were located in. She had not invested in the market previously and had to do some research (which I helped her with) to feel more at ease, and apparently bought both properties at a respectable discount. Interestingly she’s leased both as executive rentals for a year, and the Texas market the properties are in is recovering nicely. She will likely do quite well.You and she may be on to something here….. Mike, I have a friend who I’ve invested in multifamily with that has done this with a couple of high end / luxury homes in the past year, and done fairly well. As a multifamily investor she’s comfortable with long distance issues and dealing with property managers.

We spoke about it on a call last weekend, and she said the most difficult aspect of the process was coming to a level of comfort with regard to the fundamentals of the market the homes were located in. She had not invested in the market previously and had to do some research (which I helped her with) to feel more at ease, and apparently bought both properties at a respectable discount. Interestingly she’s leased both as executive rentals for a year, and the Texas market the properties are in is recovering nicely. She will likely do quite well.

You and she may be on to something here…..

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