Real Estate Investments In Emerging Markets Can Make You Happy
Does the investment real estate landscape in your local area look sad while other markets are on the up swing?Is your market overpriced?Does it take 25% -30% to break even or cash flow?Chances are your market was once considered an emerging market, but it has now peaked and probably isn’t a great place to invest for the time being.We work with many investors that have this problem.
When it comes to investing in real estate, many newbie investors prefer to play it safe by sticking to markets that they are familiar with. Many of the so called real estate gurus that charge for their “real estate course” say only invest in your backyard.If you are trying to do a fix and flip then you should stick to your area, but if your investing strategy is like mine you might want to consider investing in other emerging markets.
For a real estate market to be considered “emerging” it must have certain trends.>There are four major trends that we like to identify before placing our investors in a new market.
- In and Out Migration
- Path of Progress
- New Construction
These four trends need to be thoroughly researched before investing in your new income property.
While it sounds very simple, there is a lot of a complex research that goes into identifying an emerging market. Our company takes the time to find the markets and do the research.Call us for for a free consultation.