Between the media hype and collective scar tissue from the Great Recession, many would-be real estate investors find themselves sitting on the sidelines waiting for the moment when Minneapolis duplex prices crash to 2011 prices.
We may be waiting a long time.
I have yet to hear one of the world’s leading economists forecast a repeat of 2008. (Of course, they didn’t predict that crash either, so take it for what it’s worth.)
Also, remember, just because we’re in a tight real estate market, there are still great deals out there. They are simply harder to find.
So what should you be doing to keep yourself from going crazy while you’re waiting and looking?
Here are 10 things you can work on now so you’re ready when you find a great deal:
I’d be happy to help you learn or connect you with resources that can help you be ready when hard work and preparation result in opportunity knocking on your door.