More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.
Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.
Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.
Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!