Episode #1104
Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations:
link
Catch the “On the Market” Podcast:
link
Episode Show Notes:
link
Join BiggerPockets for FREE 👇
link
Let Us Know What You Thought of the Show!
link
Invest in Any Market Cycle with “Recession-Proof Real Estate Investing”:
link
Sign Up for the BiggerPockets Real Estate Newsletter:
link
Find an Investor-Friendly Agent in Your Area:
link
Try Dave’s Total Return Investing Calculator:
link
Connect with Dave and the Panel of Expert Guests:
Dave Meyer: link
Henry Washington: link
James Dainard: link
Kathy Fettke: link
The housing market is finally giving buyers a break. Home prices aren’t crashing, but many of them are dropping, or stagnating, as homes sit on the market and seller confidence drops, buyer control rises, and economic sentiment remains low. Americans aren’t feeling good about the economy, but this makes buying a home even better: lower mortgage rates, the ability to get seller concessions, and longer negotiation times put buyers in the driver’s seat. So, how should you take advantage?
Dave brought the entire expert investing panel from the "On the Market" podcast to the show to share what they’re buying, what they’re selling, and how they’re investing during this new buyer’s market.
Not every market in the US is experiencing a buyer’s market, but if you’re in one of the many major metros that is, we’re sharing how to take advantage of it. Fear means opportunity, and the opportunity is here. If you’re buying rentals, how does this affect your cash flow? If you’re flipping homes, when should you start dropping prices before your listing gets too stale? These investors are buying, selling, and managing rentals in THIS market and giving tips on the best moves to make.
0:00 Back to Buyer’s Market?
2:09 Fear Means Opportunity
4:40 It’s Time to Load Up
11:47 Buyers Have More Control
16:34 Better Cash Flow?
19:22 What to Do NOW
27:18 Data to Look At