Ken Williams' success tips

Is Real Estate Boom or Bust? Who Really Cares? Part 3 of 4

Welcome back to planet earth!

A resale period of 60 days isn’t much time at all, relatively speaking. So where does all this adjustment downward leave the investor? Typically, the real estate investor has been the person jumping into the game with both feet and eyes closed. Their entire game plan was an attempt to time the market, hoping for a BIG hit. That game plan paid off for many. Some have gone on to teach their own seminars as the expert, yuk yuk! Unfortunately, others coming around at the tail end of the gold rush have gotten burned.

On the other hand the real estate entrepreneur treats real estate as a business. This person is in it for the long term. Sure they’re seeking wealth, but with a mindset totally opposite the typical investor from the boom. The entrepreneur understands true wealth is generated by time in the market, not in timing of the market.

The entrepreneur cares little about outside factors affecting the market for he is a transaction engineer able to handle most situations with a tool chest full of strategies. No matter the situation the real estate entrepreneur is ready and able to make a profit.

Good news is, contrary to the cloudy forecasts, most real estate markets around the country are still very healthy and balanced with a few simmering hot spots here and there.

That means the game is fair.
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Stay tuned for the Final Part in my 4-Part series on the Real Estate Market and its impact on Real Estate Investors....