Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 2 months ago on . Most recent reply

User Stats

788
Posts
515
Votes
Michael Carbonare
  • Investor
  • Fort Lauderdale, FL
515
Votes |
788
Posts

Still waiting for the "right time"?

Michael Carbonare
  • Investor
  • Fort Lauderdale, FL
Posted

๐’๐ญ๐ข๐ฅ๐ฅ ๐ฐ๐š๐ข๐ญ๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž โ€œ๐ซ๐ข๐ ๐ก๐ญ ๐ญ๐ข๐ฆ๐žโ€ ๐ญ๐จ ๐ ๐ž๐ญ ๐ข๐ง๐ญ๐จ ๐ซ๐ž๐š๐ฅ ๐ž๐ฌ๐ญ๐š๐ญ๐ž? ๐‡๐ž๐ซ๐ž ๐ข๐ญ ๐ข๐ฌ:

๐ˆ๐ง ๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’, ๐จ๐ง๐ฅ๐ฒ ๐Ÿ” ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Ÿ“๐ŸŽ largest U.S. metro areas had housing inventory above pre-pandemic levels.

๐ˆ๐ง ๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“, ๐ญ๐ก๐š๐ญ ๐ง๐ฎ๐ฆ๐›๐ž๐ซ ๐ฃ๐ฎ๐ฆ๐ฉ๐ž๐ ๐ญ๐จ ๐Ÿ๐ŸŽ ๐จ๐ฎ๐ญ ๐จ๐Ÿ ๐Ÿ“๐ŸŽ.

This isnโ€™t just data. ๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ข๐ง๐  ๐ข๐ง ๐ซ๐ž๐š๐ฅ ๐ญ๐ข๐ฆ๐ž.

Markets like Austin, Denver, and Memphis now have significantly more homes available than they did in 2019, creating real chances for creative investors who know how to move when others hesitate and dawdle.

More inventory = less competition

Less competition = more negotiating power

More negotiating power = better deals for you

If you're still sitting on the sidelines, ask yourself:  what exactly are you waiting for?  

Most Popular Reply

User Stats

488
Posts
253
Votes
Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Real Estate Agent
  • Memphis, TN
253
Votes |
488
Posts
Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Real Estate Agent
  • Memphis, TN
Replied
Quote from @Michael Carbonare:

๐’๐ญ๐ข๐ฅ๐ฅ ๐ฐ๐š๐ข๐ญ๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž โ€œ๐ซ๐ข๐ ๐ก๐ญ ๐ญ๐ข๐ฆ๐žโ€ ๐ญ๐จ ๐ ๐ž๐ญ ๐ข๐ง๐ญ๐จ ๐ซ๐ž๐š๐ฅ ๐ž๐ฌ๐ญ๐š๐ญ๐ž? ๐‡๐ž๐ซ๐ž ๐ข๐ญ ๐ข๐ฌ:

๐ˆ๐ง ๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’, ๐จ๐ง๐ฅ๐ฒ ๐Ÿ” ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Ÿ“๐ŸŽ largest U.S. metro areas had housing inventory above pre-pandemic levels.

๐ˆ๐ง ๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“, ๐ญ๐ก๐š๐ญ ๐ง๐ฎ๐ฆ๐›๐ž๐ซ ๐ฃ๐ฎ๐ฆ๐ฉ๐ž๐ ๐ญ๐จ ๐Ÿ๐ŸŽ ๐จ๐ฎ๐ญ ๐จ๐Ÿ ๐Ÿ“๐ŸŽ.

This isnโ€™t just data. ๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ข๐ง๐  ๐ข๐ง ๐ซ๐ž๐š๐ฅ ๐ญ๐ข๐ฆ๐ž.

Markets like Austin, Denver, and Memphis now have significantly more homes available than they did in 2019, creating real chances for creative investors who know how to move when others hesitate and dawdle.

More inventory = less competition

Less competition = more negotiating power

More negotiating power = better deals for you

If you're still sitting on the sidelines, ask yourself:  what exactly are you waiting for?  

@Michael Carbonare, I couldn't agree more with this. @Joe Villeneuve, you are 100% right about that! Too many "Investors" watching the stock market and news headlines and not actually studying the market and consulting with their agent and are waiting on "the right deal" just to fall in their lap. Real deals are found in #'s. Offers going out, negotiations happening, seller problems being solved. This is the best time to do it! 

"Be fearful when others are greedy, and be greedy when others are fearful" - Warren Buffett

This quote couldn't be more true right now!

business profile image
Jordan Ray - eXp Realty
5.0 stars
76 Reviews

Loading replies...