Making Money In A Low Inventory Market (Mindset)

Season #8 Episode #14

Even more #ForeclosureDealsCoach fun as the craziest year in recent memory comes to a close! Today, we're discussing a reality that everyone is experiencing. No, we're not here to have a COVID-19 vaccination debate, but due in part to shifts in the real estate industry caused by the virus, we're talking about the limited number of houses available on the market. As investors, we see a correlation between a lack of houses to buy and sell and a shortage of deals. But it's not as bad as some would make it out to be, and as such, limited inventory shouldn't stop our #DealHunters from keeping a watchful eye out for under-market properties. We preach consistency and competitiveness to our listeners because we view real estate as the ultimate game to be won. However, these two qualities will also help you separate yourself from the would-be cash buyers and part-time wholesalers who might let the "talking heads" convince them there are no deals to be made. You might have to recalibrate your acquisition strategy, but if refine your deal analysis, secure your funding, and act quickly when that next property comes across your desk, you stand to make even more money as the market scarcity forces less committed investors out of the industry. Wrap your mind around Donny's advice on how to make money in a low inventory market, and apply these principles to your business for continued success!

Mentioned in today's episode:
Propstream

Here's a link to the article Donny discussed in today's episode:
Despite Low Inventory, Expect A Strong 2021 Housing Market

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