I have the opportunity to live in Phoenix, AZ. Yes, we have many foreclosures on the market. However, we are selling about 1,600 plus homes per week. The inventory is shrinking. It is a very interesting time to be in real estate at this time. I love this type of market.
Now, I am starting to witness more and more real estate investor workshops coming to the Valley. That means people will be spending thousands of dollars on real estate education. I will not mention any company names to protect the innocence. However, I have people who have come into my office spending up to $32K in this real estate education and have not one investment property. That is not right. Here is solution:
The workshop circuit should recommend up to three real estate companies that deal strictly in real estate investments. Have their clients interview to see which company will aid in real estate investments. My company supplies investors with Motivation, Education, Support and Application for the fraction of the price.
Give me your comments on this one. What is your experience in your own market?