Breckenridge Real Estate Blog

The wealth building power of real estate investing is a time-proven fact. So, why don’t more people invest in real estate, especially in a good investor market like we have in Breckenridge now? Simply put: fear. Even though the market looks good for investors, taking the plunge can be nerve racking. Real estate provides investors with a tangible asset. Nobody can take your investment property from you on a whim. But stocks can plummet to zero.

Many people believe investing is risky. The truth is that investing, by definition, is not risky.

Investors don’t ignore risk; we mitigate risk by following sound principles and models. Buy property under terms that immediately create a profit. December and January are two of the best months to buy investment properties in Colorado. Some would call trying to rent a house in winter risky. But if you know how to do it right, risk is taken out of the equation.

Investing is about having sound criteria, the patience to find the right opportunity, and a willingness to take action. You can minimize risk while maximizing return.

Others believe successful investors are able to time the market. The truth is that in successful investing, the timing finds you. Timing is one of the most misunderstood concepts in investing. Many inexperienced people think investors are poised on the sidelines waiting for opportunities.

“The truth is that timing is about being active,” says Jeffery McClintock, Broker and Owner of Real Estate Technology Group, Inc. . The best deals come from the best opportunities, and the best opportunities go fast. You must be constantly searching for opportunities that meet your criteria. When you find one, you must be prepared to act. Quickly. I once discovered a great real estate investment based on personal information gleaned from the seller, and walked into $30,000 in instant equity.

It is really only a myth that is all the good investments are taken. The truth is that every market, in every time, has its share of good investments. Two market forces create opportunities: economic and personal. They are always present and influencing the market.

Economic forces include job growth, interest rates, population shifts and area revitalization. Personal forces include opportunities from positive circumstances, such as relocation, marriage and family growth. Others arise from negative conditions such as divorce, debt and foreclosures. Almost anything taken as a whole can appear more complex than it really is. However, you don’t need to know everything in order to do something. Seek the knowledge you need to get in the game
“Many opportunities are out there to help people with their problems,” McClintock concludes. “Investors offer solutions. Our team is there to help.” Many high-achieving investors have faced fears or doubts about investing that ultimately proved unfounded.
These common “myth misunderstandings” can stand between you and true financial wealth.

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REAL ESTATE

If you would like additional information about real estate in Breckenridge Colorado as well as anywhere in Summit County Colorado contact us at 1-800-791-3990 ext 421.

Jeffery McClintock, is a real estate broker in Summit County and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions.