While some of these strategies were borderline bulletproof in 2021 and 2022, 2023 is an entirely different housing market. Buyers are falling out of contract, interest rates are rising, and sellers still don’t know what hit them. The same fast and loose financial underwriting that most real estate investors were performing last year WON’T fly this time. So don’t throw away your money chasing these risky deals that online gurus promise will make you rich.
What other real estate investing strategies would you stay away from? What strategy are you sticking with this time around? Let us know in the comments below!
00:00 What NOT To Do in 2023
01:03 1. Short-Term Rentals
03:13 2. Luxury Flips
05:59 How to Do It Right
06:23 3. Large-Scale Multifamily
08:24 Connect with Henry!
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Listen to Henry on The “On The Market” Podcast Wherever You Listen to Podcasts:
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The 2023 State of Real Estate Investing Report:
https://get.biggerpockets.com/state-of-rei-2023/?utm_source=owned_media
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5 BIG Challenges Investors Face in the 2023 Housing Market:
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Worried About the Market? Here Are 11 Ways to Invest During a Housing Correction:
Worried About the Market? Here Are 11 Ways to Invest During a Housing Correction
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#Airbnbust and The Fall Of Short-Term Rentals:
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