How to Adjust to the Changing Market
The changing market is the topic that shows up in every real estate conversation today:
- “BRRR doesn’t really work anymore because of the higher interest rates”
- “I’m pulling back on rehabs because I don’t know what they’ll be worth when I’m done with them anymore”
- “I’m losing wholesale deals because all of a sudden my buyers are staying out of the market”
There’s a low hum of stress and uncertainty out there, which can be good (if you’re brave enough and knowledgeable enough to keep doing business when others aren’t) or bad (if you ‘sit it out’).
Let’s talk about the reality, not the emotion, of this market, and how you should be adjusting your evaluations, offers, and focus to make this next year the best you’ve ever had.
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