On The Market

180: Investors Bullish on Housing Once Again, Flipping to Take OFF w/Rick Sharga

Jan 18, 2024

Rick Sharga, a real estate expert at CJ Patrick Company, reveals the significant boost in investor optimism for the housing market. He discusses the latest investor sentiment survey, highlighting the strategies that will see explosive growth. The podcast explores the resurgence in rental property investing and house flipping, low mortgage rate predictions, and the biggest concern of investors. It also touches on challenges faced by flippers, the outlook for the housing market, and market insights from a guest.

42:06

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Episode guests

Rick Sharga

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Quick takeaways

Investor sentiment survey shows flippers are more optimistic than rental property owners about the real estate market conditions and expect further improvement in the next six months.

Insurance costs and limited availability of insurance are significant factors affecting both flippers and rental property owners, with rising premiums and limited insurance availability influencing their decision-making process.

Deep dives

Investor Sentiment and Market Conditions

According to a recent investor sentiment survey conducted by CJ Patrick, about 40% of investors feel that the residential real estate investing environment is better or much better compared to a year ago. The survey also revealed that flippers are more optimistic than rental property owners, with 51% of flippers believing that conditions are better and expect further improvement in the next six months. On the other hand, only 20% of rental property owners view the market as better and only 22% expect improvement. The survey also highlighted that rising insurance premiums and limited availability of insurance are factors affecting investors' decisions, with 70% of investors stating that insurance costs influence whether to buy an investment property. Additionally, 62% mentioned that insurance is somewhat of a hindrance in their ability to buy and sell properties.

Introduction

4min

Investor Sentiment and Market Challenges

6min

Investor Sentiment in Residential Real Estate Market

15min

Reports, TurboTax, Landlord Insurance, and Financial Future Collaboration

2min

Challenges and Outlook for Flippers in the Housing Market

13min

Market Insights, Book Promotion, and Investing from Europe

2min

The tide may have finally turned for real estate investing and the housing market. After carefully tracking sentiment among small investors, Rick Sharga’s team at CJ Patrick Company has seen a BIG boost in optimism over the last quarter. It seems that betting on the housing market is back as improving investor sentiment and confidence pushes more and more people to go after rental property investing and house flipping. But which strategies will have the most explosive growth?

We sat down to break the story with Rick on the newest Investor Sentiment Survey, what investors are feeling the most bullish about in the 2024 housing market, and the biggest concern investors have on their minds. And the data Rick shares isn’t just shown in the survey—it’s mirroring today’s market conditions. In James’ market alone, investor demand has quadrupled recently, showing a STRONG resurgence in a specific type of real estate investing.

We’ll walk through the new investor sentiment numbers, why house flipping activity could explode over the next year, one big risk hurting rental property investors, and where investing activity is pooling across the nation.

In This Episode We Cover:

Latest investor sentiment numbers and the one strategy that is about to have a BIG comeback

The HUGE opportunity for rental property investing that most investors will miss

How James made MORE money doing HALF as many flips in 2023

Low mortgage rate predictions and why investors need to get in BEFORE rates drop

One serious hurdle that’s hurting rental property investors in 2024

And So Much More!

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