real estate brokerage

Three Tips for New Real Estate Investors

Are you a new investor who is ready to take advantage of 2022’s surging housing market – and the “hottest January on record” as per Redfin? With 45% of listings securing purchasers within 2 weeks, the time to act is now. If you’re in Philadelphia, you’re in an especially good position: Kiplinger ranks Philadelphia as one of top 10 most affordable markets of the US’ 100 largest metros.

If you’re interested in capitalizing on Philadelphia’s blend of demand and affordability, here are three tips to fast-track your success:

1. Know Yourself. A thorough self-evaluation will lay the bedrock to build a strategy that works for you. Understand your risk tolerance, purchasing power, and time available before you choose to invest.

2. Invest Time Before Capital. Begin exploring the real estate universe and investment options to determine your niche. Many of my mentees lean on blogs, newsletters, and podcasts.

3. Network. Connecting with real estate pros will keep your finger on the pulse of the market, enable you to learn from their experience, and unlock investment opportunities, often for the price of a coffee.

Ultimately, the choice to invest is yours, and I’m here to help. Whether you’re a first-time buyer, motivated seller, seasoned investor, ambitious agent, or anywhere in between, I look forward to working together!

– Leron Grossman, Real Estate Broker & Investment Expert
VictoryRealEstateLLC.com | Office: 215-709-0909

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