The most perfect Storm – investing & Profiting From the Real Estate Market Collapse in Phoenix, Arizona
What Causes A wonderful Storm?
What Causes A wonderful Storm?
Effectively that is the million dollar question, is not it?
What I consider a perfect storm is a set of conditions which occur the moment, maybe twice in a lifetime that offers unparalleled chance to get undervalued real estate at unnaturally depressed prices. Right now there was a similar chance in the late 1980s, early 1990s when the RTC (Resolution Trust Corporation – a government-run entity utilized to liquidate primarily foreclosed commercial assets) had one of the biggest fire sales of commercial real estate in US history. This was a time that fortunes were made in the acquisition of overly troubled real estate assets. At that time, Tampines St 62 EC floor plan the market collapse was caused by 3 main components (1) change in US tax laws affecting real estate investors, (2) Overbuilding, (3) The Savings & Loan banking scandal and fraudulent activity of mortgage lenders as well as appraisers.
So what is causing the Perfect Storm Today?
So what’s causing the Perfect Storm Today?
(1) Massive non commercial home speculation in 2003 2006(2) Too much credit readily available to buy and fund real estate that was overused by lenders and uncreditworthy borrowers(3) The present overall US advertise decline/recession that’s spreading into an international crisis(4) Current lack of funds for qualified borrowers(5) Current oversupply of properties for sale
As you can see, you’ll notice two stages which follow one after another that lead to the creation of an ideal Storm and opportunity to purchase real estate at incredible values – The Housing Speculation or perhaps run-up stage and The Market Collapse. We are going to examine each one of these phases so you’re a lot more educated on what has led us to this ideal stage in time to purchase real estate.
But initially, we have to analyze the most crucial problem a real estate investor should assess when selecting where and when to buy a real estate investment – LOCATION.
Underlying Market Strength
Underlying Market Strength
The Residential Housing Value Run-up
The Market Collapse
When Will The Housing Market Hit Bottom?
Why Now?
Very affordable Housing Is Back!
Residential Resales are Picking up Steam!
Why Residential Property?
How do I Buy Property?
Selecting the location
Selecting the type of property
Evaluating the numbers
Original Analysis
Recurring Expenses
Crisis Fund
Test Analysis
State Of Property
Be Pragmatic
Home Management
Why don’t you Commercial?