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Covid-19 & The "Hidden Market" | By: Tony Youngs

Covid-19 and The “Hidden Market”   

by Tony Youngs

As we moved into the new year, we were enjoying a great economy and real estate was booming.  It seems that overnight, everything changed. The Coronavirus took us by surprise. You may be asking yourself, What Now? What do we  do as a real estate investor. We simply adapt to the changes. How?

The basics of acquiring money making deals is the same. Your exit strategy is the main difference.  Should we wholesale? Should we rehab and flip? Should we buy & hold? Consider this, Do people have jobs, are banks giving mortgage loans, are the homes that are for sale going under contract, are pending sales actually closing, are values going to, or are they decreasing. We should also pay close attention to the rental market. Will there be rent control? The answers to these questions will help to successfully adapt to your own market.

The good news is this, If you know how to adapt, you will make some very interesting money in 2021 real estate. Just remember, everyone needs a place to live in these uncertain times. You and I are the ones that can meet that need for them, and make plenty of profit by doing just that.

In my 30 years as a real estate investor, this is my third time of going through a crisis in the real estate economy. I know exactly what to do. I will be a guest trainer for the “online” Queen City Training coming up on January 13th.  I will be teaching how to prosper in the situation we are in. I will take away your uncertainty and give you clear cut directions that you can apply right away.

Make plans to attend this one of a kind training session. It will be time well spent. I am looking forward to seeing you there.

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