Some people say you can’t time the real estate market. But I believe in what Warren Buffet says which is “Be greedy when others are fearful and be fearful when others are greedy”.

What we saw in 2022 was everyone being greedy and no one being fearful and we now know that that was the top. This top was also the peak for Multi Family Real Estate, the price of Rolexes, luxury cars and many other items.

The American consumer is no longer flush with cash. Interest rates have moved up substantially and credit card debt is at 32 year highs. Auto repossessions are also at record highs. Many consumers are struggling to keep up with their payments.

I anticipate that as inventory on the MLS increases there will be many more people that will want to sell and foreclosures, short sales and bank owned properties will start to increase. I already see a substantial increase on sites like Auction.com.

I think that within 18 to 24 months you will see many more people being fearful and dumping properties and that will be the time to be greedy. That will be the time for you to buy as much real estate as you can.

The question is will you be educated enough to know how to take advantage of that? Will you know how to buy bank owned properties on online auction sites like Hubzu and from HUD, Fannie Mae and Freddie Mac? Because that’s where the deals will be and that is what you will need to do.

That’s how I made my money in real estate, and that’s how I am going to teach you how to make your money in real estate. Remember you have to pay ALL CASH to buy bank owned properties.

Make sure you don’t miss my next Foreclosures, Short Sales and Bank Owned Properties Boot Camp! Call my office today to get register at 561-948-2127 or click the button below to learn more: