One of the standard refrains we hear from media talking heads and potential investors is that real estate investing is fine for up markets but what’s going to happen to you when the bubble bursts?
Well, what bubble are you actually talking about? California? Arizona? Florida? There are certainly bubbles in those markets that have exploded into tiny pieces. You know what? Empowered Investor does not suggest buying in those markets and hasn’t for some time. We saw it coming and used prudent leverage techniques and diversification to keep on creating wealth while the stock market was going up, then down, in flames.
A critical point to realize with real estate investments is that there is no one all-encompassing bubble market that hangs over the entire United States. Real estate is local. Some local markets, like the ones just mentioned, are definitely not good places to buy right now.
However, expand your horizons to places like Mississippi, Texas, and Indiana and you can find income properties that make perfect sense to invest in right now. They make good financial sense – right now.
By spreading your real estate investment portfolio over a broad spectrum of the country you will avoid getting wiped out when one or two areas begin to get soft. One historical truism to keep in mind is that the whole country has never been a bad housing market. Some times it becomes more challenging to find the good investment areas but that’s where we come in. We’ve been doing this for a while and our free recommendations have been pre-screened for quality.
