All Forum Posts by: Jason Thompson

If you're looking for listings I've generally noticed they both have the same listings, likely the same RSS feed flows into both of those platforms. I think Crexi has more premium features that you can purchase with their subscription that I believe is $99 a month or so and includes comps and direct to seller marketing information. 

 Most Welcome!

Get in touch with a local agent or investor and shorten your learning curve and save you a lot of headaches as they tend to understand the market better.

Keep learning and sharing.

All the best!

Real estate investors are taking advantage of the current market conditions, while those on the sidelines are missing out. Real investors know that now is an ideal time to buy and are actively seeking out excellent opportunities. Investing in real estate can be a smart move when market conditions are favorable, so don't miss this chance if you have the means to do so. Act with caution and thorough research, but don't let fear keep you from making potentially great investments!

@Jason Thompson

I truly think it is always the right time to buy real estate, but not always the right time to sell.  Hold period is going to be much longer than it was a couple of years ago, which is fine for me. I also think there are going to be huge opportunities with seller financing, we've already closed one deal with seller financing and have an offer on another deal with it.

Investors have been waiting for the market to peak, and then go into a correction. From the looks of it, is has peaked in many markets, and now is their time to invest. Funny though, those same investors are complaining about a recession. You can't have it both ways. You just need to learn how to buy right in any part of the market cycle.

Gino 

@Jason Thompson

The short answer is that we do not know what will happen. If anyone is predicting the future let me know, I would love some winning lottery numbers!

On a more serious note, there are a few things you can consider.

1) Waiting – no one likes this answer but it’s a serious one to consider. We know that long term prices are very likely to rise but short term is anyone’s guess. Due to this the longer someone waits the more likely it was the wrong decision but waiting short term can have benefits and bring some peace of mind. If you find yourself extremely worried about the market or interest rates this may be the right choice for you. The key step here is to choose a date where you will evaluate looking again rather than waiting for the perfect time.

2) Passively Active – During slower markets this can be one of the most successful strategies. The idea is to be prepared and ready to buy a home while scanning the market. If the right home doesn’t pop up for the right price you just keep looking. I generally suggest having a financing expert implement a rolling rate hold strategy for you as well. This can protect you from rising interest rates and give you the ability to choose to take action if rates rise. The goal here is to keep your choices open.

3) Actively searching – It’s no secret that the real estate market has slowed down compared to six months ago. Buyers today are getting significantly better choices, lower prices and more options when compared to buyers seven months ago. Now is a time where you can negotiate with sellers and find exceptional deals. As a realtor it is extremely challenging to negotiate with a seller who has fifteen other offers, during slower markets I can really work with you to find an amazing opportunity.

All the best!

@Jason Thompson

I am not a syndicator I just now a lot of them that used bridge debt and ran very optimistic numbers. I would assume some sort of seller financing would be a great option. Biggest issue I see there is the term of the loan. I feel like I would want the longest term I can get with the ability to pay it back early if things move in my direction. The units I own right now are in PHX, AZ. I personally wouldn’t invest in CA just because there is too much political risk ie rent control, tenant friendly laws, etc. Then there is the big reason that the building doesn’t CF they way I want so to me isn’t worth it.

There are always deals worth buying.

oooh Apartment is different animal. My suggestion if you invest as LP/GP you should *WAIT* to invest UNTIL The CPI number is flat enough. Most CRE is in trouble right now due to their floating rate.

Investing and flipping is much better because the targeted high price is known and price pullback to 2018 level for few house, just live in that house until 2022 price is met.

Actually we only listed the house for 3 days now and we already had received multiple bids, but this home is different, this home is fully rehab house with walking distance to top ten california school, so selling this home is very easy pitsy. 

buyer is now looking for quality, we sell the house way above june 2022 price and we gotta bid