photo credit: woodleywonderworks

A recent article on Bloomberg.com reports that “the wealthy” of the world are moving more of their money into real estate.  They see the United States market as a good value.  (Click here for full article.) The prognosticators say that the US real estate market likely hit bottom earlier this year.  Although we will continue to see foreclosures coming on the market, we are likely to see demand increase as well.

I’ve been watching this market.  I know that opportunity is knocking right now for the average investor as well as the super-rich.  A few years ago everyone was trying to be a real estate investor.  Good deals were elusive &  competition was fierce.  I made the mistake of buying too high and rehabbing too much.  That mistake took me out of the game for a while.  But it’s now time to get back in.

The deals are out there.  I’ve learned some hard lessons about investing.  But I learn well and I learn quickly.  I’ll be looking to connect with other real estate investors too.  I’m sure I’ll find more good deals than I can take on my own.