Archive for opportunity

Once in a Generation Opportunity Recently, while having lunch, I bumped into a realtor friend.  She asked how things were going.  Then, leaning forward, asked, “Are you and Kim going to survive this terrible real estate market?”  It’s funny how many times we’ve been asked this question.

Folks, Jack Miller– one of my primary real estate investing teachers (God rest his wise soul) – said it best: “This is a once-in-a-generation opportunity!”  By this, he means that there has never been a better time to buy investment real estate.

Think about it.  When was the last time you saw (1) So many homes sitting unsold on the market; (2) So few buyers looking for homes; (3) Home prices this low; (4) Interest rates this low; (5) Sellers this motivated; (6) Banks with so many properties in inventory; (7) This many foreclosures each month, and (8) Lenders so eager to agree to a Short Sale?  The simple answer is – NEVER!!! Read More→