High interest rates, new short-term rental laws, and tough market competition is making real estate investing a lot harder than it was just a couple of years ago. Many investors will either give up on their current projects or wait out the next few years until interest rates head back down. But smart investors are continuing to buy deals, even as the market starts to look shaky, thanks to their intelligent exit strategies.
Having multiple real estate investing exit strategies can be the difference between you losing tens of thousands on a deal or walking away with a life-changing profit. Mindy Jensen, host of The “BiggerPockets Money Podcast”, is paying close attention to what’s happening in the market. She’s not only an investor in the Denver, Colorado area but is also a real estate agent, helping other investors get their first deals.
With more and more markets passing strict short-term rental laws, BRRRRers and regular short-term rental investors alike are having trouble finding a way to make a profit. If you’re in the middle of a renovation and are caught between high interest rates and clamped-down vacation rental regulations, Mindy may have a couple of strategies that can help you leave the deal richer than you came in.
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3 Exit Strategies You Need to Have When Investing in Real
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The Fed’s Plan for Future Interest
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4 Things You Need to Know Before Buying A Short-Term
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