111 Should you Invest in a Hot Real Estate Market?

OPM Mastery

English - July 28, 2017 17:25 - 25 minutes - 17.9 MB - ★★★★★ - 53 ratings
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Previous Episode: 110 Do you need a Real Estate Agent to Sell or Buy a House with Jarred Kessler

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The real estate market has been crazy in Colorado. Median prices in my town have jumped from $110,000 to $280,000 in 5 or 6 years. My town has some of the lowest prices in the area! With real estate prices increasing so fast, I decided to stop buying residential rental properties and focus more on flipping. There were a number of reasons I stopped buying rentals, but the biggest one was that I would not cash flow on properties anymore. On this episode of the InvestFourMore Real Estate Podcast I talk about the current real estate market. How crazy it is in Colorado, how the rest of the United States is doing, how you should invest in a crazy market, and why you cannot use national trends to decide how to invest locally.