We’re in a “Buyer’s Market”…But Where Are the Real Estate Deals? (Rookie Reply)
Summary
This article from BiggerPockets discusses strategies for finding real estate deals in a buyer's market, specifically off-market deals. It touches on evaluating negative cash flow properties and provides insights into networking and MLS opportunities. Hosts can apply these strategies to finding properties suitable for short-term rentals and analyze market conditions.
Key Insights
- •The MLS still has a lot of good opportunities.
- •If you're okay paying into these negative cashflow properties because even though they’re paying a couple hundred dollars each month, they are banking on appreciation that in several years, five years, 10 years, they’ll be able to sell the property, recoup all of that money, they invested it into it, plus make a bigger return and cash out then.
Action Items
- ✓Define what type of seller you’re looking for, because if you just do all across the board, it’s going to be a broader net and it’s going to take more of your time and more of your money to contact all of these people.Effort: lowImpact: medium
- ✓Consider networking with people who are good at cold calling and going direct to seller.Effort: mediumImpact: medium
Watch Out For
- ⚠If your focus is, I’m doing this because I want income or I want to maybe subsidize my living cost, this is a bad deal because you’re losing money.
Related News
KB Home bets on built-to-order strategy amid a spec-heavy market
KB Home is shifting its focus to a built-to-order (BTO) strategy, aiming for higher margins in a challenging market. Hosts should pay attention to this trend as it may impact competition and pricing in their local markets, especially if private builders react to the changes.
![An Overview of Dynamic Pricing for Hosts [+5 Tools Included]](/_next/image?url=https%3A%2F%2Fwww.igms.com%2Fcontent%2Fimages%2Fwordpress%2F2022%2F10%2FDepositphotos_dynamic_pricing.jpg&w=3840&q=75)
An Overview of Dynamic Pricing for Hosts [+5 Tools Included]
This article discusses dynamic pricing for short-term rentals, explaining how it works to optimize revenue and occupancy by adjusting rates based on market conditions. Hosts should consider implementing dynamic pricing, using tools that automatically adjust rates, to stay competitive and maximize profits.
United Real Estate CEO Dan Duffy on the roadmap for competitive advantage
This article highlights the importance of data and AI in gaining a competitive edge in the 2026 housing market, emphasizing that hosts who prioritize data-driven decisions and adapt to market changes will thrive. Hosts should focus on leveraging data and AI to make informed decisions about their STR business to capture market share.
Foreclosure Starts Fall 7.6% Nationally, But These Key Counties Show Rising Distress
Foreclosure starts are down nationally, but certain counties are seeing a rise in early-stage filings, which can indicate future pre-foreclosure opportunities. Hosts in Florida, California, Ohio, North Carolina, and Texas should monitor county-level data to anticipate potential distressed property sales and consider how this might affect their local markets.