Is the Market Really that bad?🏡📈

Have you heard the news? REAL ESTATE IS GOING TO CRASH! Interest Rates are up, home prices are up… it's only a matter of time? Except nothing has happened.

Yes, there are regional markets that aren't doing so hot. Unlike their weather… Phoenix.
Yes, commercial real estate is in decline because interest rates are beginning to catch up with reality.

However, there is a real housing shortage which is keeping home prices up and one of the biggest investors in commercial real estate are pension funds, 401k’s… from major firms like Blackrock and Vanguard. IF there is going to be another bailout. It’s going to be for commercial real estate. (This doesn’t mean that I agree or disagree… I’m simply, objectively, looking at what has happened historically.)

This is what the mainstream media is telling us. Why? I personally don’t know and don’t care.

When I read those headlines, there are plenty of them. I go back to my college acting class where a young me was being introduced to the Meisner Technique. Objective. Action. Obstacle.

Objective: Buy real estate investment properties.
Action: Qualify potential properties. (Due Diligence.)
Obstacle: Numbers don’t make sense, due to interest rates being at 7%. Banks want a large down payment. There is less inventory.

How do I solve these Obstacles? Look at less competitive inventory. Maybe High prices, businesses with real estate included, off market deals…

When it comes to financing. What if I can choose my own terms? Enter “Subject to” and “Seller Financing” options. (Honestly, I always thought that these types of deals are unicorns. Turns out, this is turning into common practice.)

It’s becoming apparent that with all the headlines what we should be asking is, What Actions should I take to solve the obstacles that are preventing me from achieving my objective?!

Solutions: Seek less competitive inventory, consider higher prices, business real estate, off-market deals.
Financing: Explore 'Subject to' and 'Seller Financing'. Negotiation key in real estate. Because, if there is anything that I have learned in my years of real estate; There is nothing that can’t be negotiated!
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