Real Estate Investing Mastery Podcast

The Market for Land Is Changing Dramatically... Follow These 5 Rules to Survive in 2024 » 1290

12.25.2023 - By Joe McCallPlay

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The real estate market is shifting. We’re going to see a lot of changes over the next year, as we're coming into 2024. I think it's going to be dramatic, but not super dramatic. We're not going to see a crash like we did in 2008, but things are changing, and they're changing rapidly. I’m always thinking about where the market is going and what the next wave is. I've already been hearing rumors from people that short sales are way up again, banks are starting to foreclose, and people are starting to get behind on payments. One of my favorite books is Who Moved My Cheese, and the cheese is moving. It’s important to have a game plan together so you can ride the wave. I’ve got some rules here that I'm going to be giving to you for vacant land, because that's a lot of what I'm doing these days. Regardless of what direction the market is going, it's always important to understand the fundamentals of your business. Here, I talk about everything you need to know so you can start preparing. What’s Inside: —How to prepare for any upcoming real estate market changes. —The importance of knowing the fundamentals. —The 5 rules to survive in 2024.

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