I have to share this quick article with you today.

First, notice that it’s dated Oct. of 2018. Keep in mind that the context of the article is now 6 months old.

The article is titled “House flippers see their returns drop as the economy strengthens” and is posted at BankRate.com here.

A few take-a-ways from the article.

It’s hard out there for flippers.

Returns for investors are at a trending year-over-year low.

The future looks dim as the economy is improving.

Now – let’s fast forward to today.

The threat of rising interest rates is stalling.

The possibility of foreclosures are starting to rise. (We showed you a few stats in the last post a few days ago.)

The economy is getting hit with questions about it’s strength.

KEY POINT: Uncertainty creates opportunity.

I think the foreclosure rates nationwide may have hit a low over the last year.

It’s part of the reason we are going to be talking about the foreclosure process at WREIA this month.

The foreclosure process is lengthy and has many points at which you can step in as an investor and help people who may be facing this tough spot.

We will be discussing a few key points in an interactive WREIA meeting this month.

How will the DC area real estate market respond if we do dip into another national recession?

What should you do as homeowners or renters to prepare?

Let’s cover a few of those questions and more next Monday at our April WREIA meeting.

As always – we will focus on the DC real estate market and how we as investors can best help people and make a profit at the same time.

Come out on Monday, April 15th, and hear what is working (and not working) across the DC area.

Join us at WREIA this month and you can learn from REAL PEOPLE having REAL SUCCESS in Real Estate.

Happy April!

John Peterson
Founder, Washington Real Estate Investors Association

Wholesalers – bring your deals to share with WREIA members!