Is Now the Time to Invest??

Hey, I am back. Did you miss me? Just joking...
Took some time off to enjoy the family and life. There is more to life then blogging.

New president, new faces in Congress and the Senate, new spending galore, but to what end. Still lots of gloom and doom. Market tanking here, market tanking there, foreclosures up, bank failing, bad loans left and right. People losing their jobs, companies bleeding all over the street, going out of business, leaving the landlords and property owners holding the bag.

From talking to other Phoenix Commercial investors, they are looking forward to the turn down in the Phoenix Commercial marketplace. They are actively looking, they know that good deals can be had. When I talk to other investors and brokers in different parts of the USA, they to are looking to make deals, both on the buy and sell side.

While the Wall Street boys are standing on the sidelines watching to see which way the wind is blowing, they to are looking for good deals in the major metropolitan areas. They have been out of the raw land deals for the last two years, whether commercial malls, office buildings or new residential. Everybody is holding their investment dollars, but they to turn the page soon or stand to lose even more money because the money is not moving.

This is the perfect time to strike a deal, but you really have to do your homework and due diligence, for money is tight on certain types of commercial loans and private money will only move when the deal is vetted to the core, not based on a lot of speculation.

Investors are looking to find properties that cash flow or break even, that can be turned around with better management or taking care of the deferred maintenance. Or will cash flow, as they fix the building one unit at a time and make plans to convert to condo's for when the market turns around. Lots of plans and ideas. Certain parts of the country are building new apartments and office complexes.

So, go out there and find those deals, hook them up with investor's and let the games begin.

To find out more on Commercial Real Estate Property Scouting, check out http://www.nacreps.org and get in action.

Till next time.