Real estate. Maybe not the first choice for a market to hunt for prospects considering it’s pretty much in the top three of “most cataclysmically tanked niches in the America,” … or at least that used to be the case. Sure, four years ago, it wasn’t the best idea to head to your local ReMax and ask, “Hey you guys got an extra ten-grand lying around for like, some pens and whatever?” But now? It’s totally a different story. Sort of.
While the market is in no way booming, the relevant parts of the economy have recovered enough to create a level of stability. The residential market may never be as strong as it was in the early 2000s, but in its place there are now banks that need to promote mortgage refinancing, real estate firms that need an affordable way to communicate tax break information to potential customers, and dozens of service companies that cater exclusively to investors who deal with flipping foreclosed properties.
There’s a lot out there, and it can all seem kind of crazy if you’re new to the market. But, with a little research, planning and understanding, cornering opportunities in this market is far from difficult. Still stumped? Let us get you started with the quick primer below.
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