Horrible as may sound, the Coronavirus outbreak has a huge impact on the economy of the United States. Some big companies have already stopped their operation due to community/state quarantine. As a result, thousands of people lost their jobs and many are starving. However, due to technological advancement, many companies are shifting into online investing. It is one of the very few solutions to keep their businesses up and running despite the threat of Covid-19.
Real Estate Market Today
The Real Estate industry remains strong despite the fear of downslope businesses. Foreign investors are piling into US real estate. Rental property trading website rootstock has seen huge growth on their sites from foreign investors: a 500% increase in Asia, 450% in Germany, and a 100% increase in the UK. Fed interest rates near 0% and mortgage rate at 3 yr. low.
“…the majority of the industry remains well capitalized and strong enough to weather modest slowdown…most real estate investors are poised to sustain their operations and may see an investment opportunity as the market shocks continue…”- Yardi Matrix
Opportunities Amidst Pandemic
1. Online Classes
The marketing team of Real Estate IQ recently took a bigger step in developing “webinars” that suit every investor's urge to learn despite the prohibition of social gathering today. New and professional real estate investors can now expand their knowledge in the comfort of their homes!
Whether you are a newcomer or an experienced investor, we have the perfect webinar to help you learn more about real estate! Check out our FREE WEBINAR SERIES!
2. Off-Market Deals Training
Off-Market Deals are properties that are not listed in MLS. It has less competition and has great discounts because you can negotiate directly with the seller. In line with the online classes that we are currently conducting, Real Estate IQ will help the investors with the strategies and tips in finding these elusive Off-Market Deals.
3. Deal Finding Training
Finding a perfect deal has since been quite difficult since the Coronavirus outbreak. In this innovative way of learning, the experts in deal-finding will teach you how to snatch a great deal despite the threats of the virus in your businesses!
Interested to learn about deal-finding? REIQ has a lot of FREE WEBINAR SERIES just for you!