Rebecca Austin

Investors are searching for deals in San Diego's north county as prices drop in as low as 44% off the peaks allowing them fix and flip and cash flow opportunities. Obviously, there continues to be skepticism in the markets and rightfully so. At New Team, we put a great amount of effort into understanding the local markets and finding the deals that provide below market opportunities to offset continued downturn.

For investors looking to build their portfolio and revenues, timing the bottom of the market is not the best plan and better left for someone looking for one home to live in without specific criteria. As we know, our Real Estate market is driven on demand and with the number of savvy home buyers here, a upswing in the market could put a smaller investor out of the game too quickly to build the inventory and cash flow they desire or force them to compromise on location or quality.

The first place home buyers and investors look is in the REO and Foreclosure markets for obvious reasons. Banks discount their homes to get them off their books. However, for our patient and savvy investor's Short Sales can provide a better deal. Here are February's statistics

By definition a Short Sale is when a home owner in financial hardship, requests that the lender accept a short payoff of their home loan by selling it for less than they owe. Since our team specializes in these types of negotiations we find the discounts can be deeper and the numbers of buyers are drastically reduced.

The investor who only looks at REO's will find themselves competing with multiple offers leaving less opportunity for deep discounts taking all the fun out of this Buyer's Market! A strong Short Sale Strategy allows you to select from lots of inventory, place the bid that gives you the ROI you want, and allows the bank to get another home off their books before they take their REO haircut. Better in your pocket than the bank's for a change!

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Info about the author:

Rebecca Austin is a Real Estate Broker of New Team Realty who can assist you with all your Buying, Selling or Investing needs in California. Rebecca resides in San Diego County. Rebecca can be contacted at www.newteamrealty.com or rebecca@newteamrealty.com

Considering the turmoil in the market, you may be tempted to back off, or stay away from investing in Real Estate. That's a natural reaction and its why less investors are buying today. Many of us are waiting for the market to bottom out before we re-enter and this too is generally a good strategy.

However, what are you doing to prepare for your Real Estate Investing Re-entry? Do you think, in our frenzied San Diego market, that the biggest and greatest deals will sit there for weeks while you analyze what and where you want to invest?

Most Realtors call you (and I) "looky loos", "professional lookers" etc. We are regarded as self proclaimed know-it-alls who will never buy. Because of this, Realtors don't want to waste their time helping you leaving you to figure out the market on your own. This Realtor feels differently on two levels.

First, I have respect for savvy investors who demand value. I understand your rules of engagement because I share them. I am analyzing where the market really is; by accessing the distressed markets before they reach the general public.

Second, while most in my profession will tell you that it's a great time to buy, I disagree. My clients are buying today only because we have found a home that they can't let pass them by and is an opportunity that is at least 30-40% below today's market. We find these properties, not on the internet or the MLS, but at the kitchen tables of distressed sellers. This is one of the places I'm offering the deeply discounted properties.

Join us as I watch a select few zip codes within San Diego County that we find to be the top investment areas as we bottom out. Our community will be spend the next several months analyzing the markets, touring homes, and sharing our knowledge. We will be building teams of contractors, market analysts, real estate, design specialists, accounting, and legal experts all here to share their knowledge. We will find partners to buy multiple properties to buy and hold, or fix and flip so that we can diversify and take full advantage. The goal is to be ready for what we believe may be the best opportunity of our life time to invest in Real Estate!

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Info about the author:

Rebecca Austin is a Real Estate Broker of New Team Realty who can assist you with all your Buying, Selling or Investing needs in California. Rebecca resides in San Diego County. Rebecca can be contacted at www.newteamrealty.com or rebecca@newteamrealty.com