Before we can determine whether or not a real estate investment will be a successful one we need to first look at the bigger picture. We need to know and understand the demographics and fundamentals driving each market.
Once we know what real estate markets are ripe for investment it drastically helps to narrow down our options. With a market decided, we can go hunting. But it’s not always easy to determine what makes a “good” market for investment. This comes with practice, education, and experience. So when I’m doing my market research I turn to advice from some of the industry’s leading experts. This week we had the luxury of interviewing someone who’s education has been a big influence in my life. Education that has saved me from putting my money in real estate markets that were too risky (and that’s evident now as prices fall). I’ve gone to several of his conferences in person and been listening to his podcast for years soaking up all of the knowledge that he shares so freely and wisely. He is, arguably, one of the industry’s most recognized and respected thought leaders in real estate; Jason Hartman. Jason is the host of the popular “Creating Wealth Real Estate Investing” Podcast. With almost 2000 episodes and years of experience under his belt, Jason brings a ton of value. Stay tuned as we dive in deep to:
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Why money is still “cheap”
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What makes a market risky
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Examples of risky markets where you don’t want to invest
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Which markets are ripe for investment and why
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What it means to live a “Rich” life
You can find out more about everything Jason has to offer by visiting his website here. Need help managing your short term rental and you don’t want to go it alone? Shoot us a message here and we’ll see if we can help.
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