Where are the Opportunities?

[John Tucker]

Crisis. It's all around us at the moment. It's hard not to think about, right? Turn on the TV and it's there. Turn on your phone and it's there. Turn on your radio... it's still there. But amidst all of this crisis talk, I want to start another conversation:

Where are the opportunities?

If all we are is who we are when hard stuff happens, who are we right now? I want to be someone that makes something of the hard stuff. Lemonade out of lemons!

So, looking at those experienced investors and newbies too, where do y'all think there is opportunity (buy and hold, wholesaling, fix and flip, liens, etc.) right now (I'm asking for myself as much as I am to start the conversation; I want help too)?

What problems are people having right now due to coronavirus? How could you serve them the best in solving that problem for them?

My first thought is that there is definitely going to be people who can't make their mortgage payments. They will either need cash fast or need to sell quickly. How could you best serve them and bring them the most value?

What do you think? Please share you thoughts and ideas. Let's kick this virus and come out better than before! 

[Jeff C.]

We're too early in the game. The opportunities will start presenting themselves 6-9 months down the line. Right now it isn't a "problem" for most people that they can't pay their mortgages. They're insulated from the consequences and have a reprieve for awhile. There also hasn't been any time for pricing to adjust. A lot of people are still in denial that this is going to significantly effect the real estate market. Enough of them to prevent you from scoring the kind of deal you're looking for.