Let’s admit it. Making money in real estate during times of appreciation and free flowing financing does not take skill, negotiation or fluent understanding of the market. For the last decade, you could have pretty much bought something with your eyes closed and still made money the next year. Did you notice that “real estate investors” started coming out of the woodwork? Of course, now we have “foreclosure specialists” and “short sale experts,” but that discussion is for another day.
Today’s market takes skill, knowledge, creative thinking and… hard work… so, where did those guys go? Continue reading “Be the Bank”