Pannysylvania Magazine

The words “caution”, “high cost” and “low return” have become more common in the real estate investment market over recent months. Property prices are high and demand has started to decrease in many areas as interest rates rise and lenders become more selective. The cost of refurbishment has also risen, causing many house flippers to balk at some investment opportunities.

However, hot spot cities such as Vancouver are still experiencing high property investment figures; $11.75 billion in 2017. The fact is that value investments can still overcome the spectre of caution.

The Amazon HQs story

It’s not just Vancouver where property investment figures remain high. Amazon’s announcement of its new HQs in Long Island City and Crystal City has lead to a surge in real estate investment interest in the two areas. Whether investors are buying to flip or looking to the rental market, they have contributed to a growth in online searches of 248% for Long Island City and 84% for Crystal City, during the second week of October. 25,000 new jobs are set to be created in the two cities, so there will be an obvious need for accommodation in the area.

For anyone looking to take advantage of the Amazon effect, it’s important to research the Amazon and employee demographic and take a look at expert advice on the best choice of investment to make; house or apartment? https://www.modestmoney.com/house-vs-apartment-better-investment/13526.

Value to be found elsewhere

It’s not just the hotspots where value is beating the caution, when it comes to investing to flip. The fact is that opportunities to make money from flipping are very much in existence, for sensible and knowledgable investors.

There has been much talk about a possible “bubble” effect, similar to that which existed prior to 2008. However, the ridiculous loan situations of that time are no longer in existence and the housing market is unlikely to crash again in such a dramatic fashion. For house flipping investors, the trick is to find a property in an area where the market is stable, and demand is sustained. Many experienced investors also choose to protect profits by making cash purchases and completing renovation work themselves, or establishing a network of reputable professionals to be used on every occasion. This helps to avoid the growing costs that are becoming a concern for some investors. Taking a look at some of the best books about house flipping can also insure against bad investment decisions https://www.modestmoney.com/the-top-3-books-on-house-flipping/13898.

Making money from property investment still viable

Given the presence of investment hotspots, and the ability to profit from property investment in many other areas, with the right research and resources in place, property flippers and landlords are able to make significant profits; even with caution in the air. Good investment is all about making the right choices and eliminating unnecessary risk. Being cautious can be turned into a positive force for gain instead of a negative stalling point.

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