As a Sarasota Buyers Broker, dealing exclusively with buyers - many of them investors - I see great Sarasota deals every day.

My investors rely on me to find, research and recommend opportunities that will be profitable for them. And in a market like this, those opportunities are out there. Unlike many real estate professionals, however, I am very cautious in what I recommend - it has to be an undeniable deal. Still, we are finding them and I am confident when I make these recommendations that my clients will be making a good decision to purchase.  

Perhaps the greatest indication to my buyers that the market has reached a point that truly makes sense for Sarasota investors is this - I put my money where my mouth is.

After witnessing the real estate debacle of recent years, it was going to take a lot to get me to purchase investment property again. But recently, I did just that. A bank foreclosure offered a price that quite frankly, still stuns me, even after I acquired it. Since then, I have gone to contract on three additional properties.

I don't simply tell people it is a good time to pick up some of these properties - I practice what I preach.

But don't be fooled - not every slashed price is a good deal, and not every foreclosure is a steal. In fact, many are NOT. If you are in a position to make these types of purchases, I recommend working with a buyers broker who is also an investor - they will help you determine the deals from the duds.

Bill True, Broker, ABR/M, AHWD, CIPS, CRB, CRS, GRI, RSPS, SRES, TRC