Buying a house in the 2023 real estate market is already exhausting. Sellers have regained control, and homebuyers are back bidding over every reasonably priced house within a decent school zone. But, buyers have gotten smarter, paying attention to one strategy that allows them to break even or sometimes cash flow, even with today’s sky-high mortgage rates. And our two expert agents from entirely different markets agree: this is the way to go.
To finally tone down Henry Washington’s non-stop Northwest Arkansas propaganda, we’ve brought Ryan Blackstone, local Arkansas agent and broker, on to the show to break down exactly what moves are being made in his “affordable” market. But we’ve also got BiggerPockets royalty, Anson Young, to give his take on where the significantly more expensive Denver market is headed.
Both agents review what buyers are looking for, what’s selling, whether the buyer or seller has control, and the strategies smart investors use to cash flow even in an impossible housing market.
In This Episode We Cover:
Why we may be back to a seller's market and which properties are getting bid up
The one strategy you can use in 2023 to create cash flow (it’s much easier than you think)
Seller concessions and why new developments are making BIG price cuts
Doubling your cash flow almost overnight by changing one part of your lease
The one thing that could trigger a wave of buyers to come back to the market
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Forums
BiggerPockets Agent
BiggerPockets Bootcamps
Join BiggerPockets for FREE
On The Market
Join the Future of Real Estate Investing with Fundrise
Connect with Other Investors in the “On The Market” Forums
Subscribe to The “On The Market” YouTube Channel
Dave's BiggerPockets Profile
Dave's Instagram
James' BiggerPockets Profile
James' Instagram
Book Mentioned in the Show:
Finding and Funding Great Deals by Anson Young
Connect with Anson & Ryan:
Anson's BiggerPockets Profile
Anson's Instagram
Ryan's BiggerPockets Profile
Ryan's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-136
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