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But, there are two basic types of investors. The seasoned investor knows that buying property is not an emotional purchase. They don’t “like” a property, but they “like” the return on their investment. A seasoned investor surrounds himself with professionals that he trusts to make sound decisions based on the facts, not pretty plants.
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8 Comments on What is An Investor?
Excellent and timely post, Jan! And you are providing assistance to buyers in a mecca .. and dreamworld .. for investors. To get the best and most beneficial investment prices, they better hurry though. Sounds like the Scottsdale/Phoenix and Arizona markets are roaring back to life. Great news! I hope anyone hoping to invest in their future and looking to buy investment property in the Scottsdale area, will contact you immediately ...
Gene
Hi Jan, I work with a lot of investors and with declining inventory and slowly appreciating prices, the "cash flow" investor is having a hard time finding investments here locally. However, I still think it is a great time to buy for the long term.
Gene - Thanks for your vote of confidence! Yes our market is recovering and prices are going up. There are still lots of great opportunities in the Phoenix area. Mesa has a some great tri-plex and four-plexes that make great investments as well. Still, time is of the essence. Thanks again and have a great day!
Kathy - Yes, the investor window of opportunity is slimming down on the low end here, but still some great properties out there. I'm seeing lots of fix and flips on the low end. And am sitting an Open House today for one of the upper end fixers. Have a great Sunday and thanks for commenting!
Jan - a very accurate split of the 2 types of investors! Having a "team" to work with on all aspects is what really sets apart a seasoned investor and a newbie!
Thanks Sharon! Yes, there is a huge difference. A newbie does require more hand holding. I'm sure you understand that with your business as well. Have a great day!
Hi Jan, there are certainly different levels of investors. Those that know and those who don't
and think they impress you saying they are an investor. Great information.
Have a great weekend .
Thanks Irene! You must be working with investors as well. Best of luck! Thanks for commenting.
A seasoned investor will also know HOW to work with agents so that both parties efforts are efficient and ultimatlely profitable. It is amazing the way I see some of my fellow investors communicate with agents and then wonder why the relationship does not work out!