Posted by Sean on June 01, 2005 at 09:17:02:
Rehabbers make killings in slow markets… PROVIDED they do it right. Even in the slowest market there are going to be opportunities.
In a hot market the problem is finding the motivated seller (You don’t get too motivated when your house is worth 10k more next month than it is this month)… in a slow market its finding the buyer, its tougher to get your house sold when the buyers have a plethora of choices in front of them.
How successful when the market - Posted by TC
Posted by TC on May 29, 2005 at 12:47:43:
isn’t so hot? Right now, Florida is red hot. Logic and history tells me this will not last. If I choose to do this, how successful can one be in a not so hot market? I imagine many will be “shaken” out but for the rest…
Re: How successful when the market - Posted by Jack
Posted by Jack on June 01, 2005 at 01:00:05:
There are several states that are going to boom in the next few years. The trick is to buy before the boom and hold on for the ride. You can make money in depressed markets too because you will find deals. Money is made when you buy real estate.
Re: How successful when the market - Posted by Gene
Posted by Gene on May 29, 2005 at 13:11:56:
It matters if you are a speculator or an investor. Investors can do great in slow markets.
Re: How successful when the market - Posted by Chris
Posted by Chris on May 29, 2005 at 20:59:36:
how about rehabbers?