Why Everyone is Talking About Buying Real Estate
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Why Everyone is Talking About Buying Real Estate? Honestly, these are uncharted waters, unprecedented times and everyday seems like we have something new to deal with as humans in the midst of a pandemic. But nonetheless, the real estate market keeps putting the pedal to the metal and is full speed ahead. And yes, 2022 is shaping up to look a lot like 2021- a SELLERS market…but don’t let that stop you! I am here to tell you that there are a number of ways to jump in as a buyer.
Everywhere I go recently I am answering questions like; how do I increase equity in my home that I purchased during the Pandemic? How do I buy a fixer upper? Where is a good area to buy a BRRR ( Buyer, Renovate, Rent, Refinance)? Should I buy a vacation home? One thing I can say for sure is that real estate is definitely on everyone’s mind- mine included!
The first step in determining what you should do for all of these questions is contact a knowledgeable, passionate agent who is on top of their game and out there in the market every day. That way you can get the best information and the best advice for any question you have about the real estate market.
In every case these questions boil down to, how do you want to utilize your money. Additionally, what kind of risk tolerance do you have? What kind of team do you have in place to actualize your goals? Do you have patience to see a real estate project through to the end?
Real estate investments can be a lasting and profitable legacy. Why not buy a home that could become a major source of income for you or your children in the future! It’s best to act with a plan in mind, that way you minimize the chance of making a mistake; for example buying something because it was pretty but a total money pit! Or even paying too much for something turning your asset into a burden rather than a sound investment.
Tune into my Instagram LIVE at Noon on Thursday, this week January 13th where I am going to spill the beans on some of my answers to these hot questions. Don’t miss it!
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