I recently heard from a local business law teacher that in California, enrollment in real estate classes has dropped recently. He predicted this may be an indicator of a shortage of real estate agents in California in the next few years.
An interesting observation to say the least, while the real estate market seems to be doing pretty poorly, many people stop looking into becoming agents, however this seems like an ideal time to become a real estate investor.
After reading Donald Trumps latest "Think Big, and Kick Ass" he repeats somethign he's said in previous books. Some of his best times were when the markets (real estate and stock) were doing very badly. Dumping money into real estate when housing prices are dropping can net you very large returns, as oppsosed to buying in a strong market. It makes total sense, but it can also be very risky.
As with gambling, don't risk any money you can't afford to lose.
An interesting observation to say the least, while the real estate market seems to be doing pretty poorly, many people stop looking into becoming agents, however this seems like an ideal time to become a real estate investor.
After reading Donald Trumps latest "Think Big, and Kick Ass" he repeats somethign he's said in previous books. Some of his best times were when the markets (real estate and stock) were doing very badly. Dumping money into real estate when housing prices are dropping can net you very large returns, as oppsosed to buying in a strong market. It makes total sense, but it can also be very risky.
As with gambling, don't risk any money you can't afford to lose.