There are three real estate investing strategies you SHOULD NOT try in 2023. Most of the time, we talk about real estate investing strategies that will make you rich, help you build wealth, and lead to a more financially free future. But today, Henry Washington is here to do the opposite, as he shares some of the riskiest real estate strategies in the game and why 2023 is NOT the year to try these.
While some of these strategies were borderline bulletproof in 2021 and 2022, 2023 is an entirely different housing market. Buyers are falling out of contract, interest rates are rising, and sellers still don’t know what hit them. The same fast and loose financial underwriting that most real estate investors were performing last year WON’T fly this time. So don’t throw away your money chasing these risky deals that online gurus promise will make you rich.
What other real estate investing strategies would you stay away from? What strategy are you sticking with this time around? Let us know in the comments below!
00:00 What NOT To Do in 2023 01:03 1. Short-Term Rentals 03:13 2. Luxury Flips 05:59 How to Do It Right 06:23 3. Large-Scale Multifamily 08:24 Connect with Henry!
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By: On The Market Title: 3 Real Estate Investing Strategies You Must AVOID in 2023 Sourced From: www.youtube.com/watch?v=09rrJPy1DoY
