Real Estate Investor Magazine South Africa Real Estate Investor Magazine March 2018 | Page 54

UNITED STATES
Buy or Sell?
Navigate the
shifting markets
RJ PALANO
Turnkey operator in Atlanta,
Georgia, an author and marketer
and is an invited speaker for
the Information Management
Network (IMN) Conferences for
hedge funds and family offices.
I
s it time to buy or sell?
2017 was a year of adjustment
for BuyCashFlowProperties.com.
Since the US single-family house
market has stabilised, there are less
opportunities for below-market value
acquisitions. The hedge funds that ac-
quire these type of assets are still ac-
tive, some more than others. For the
above-average family operation like
myself, we've returned to our roots on
how we acquire houses.
That is; we’ve abandoned mortgage
foreclosures for the most part and we
are back to marketing for distressed
sales directly from homeowners. This
is how I cut my teeth in this business
back in the early 1980s. The funds are
still buying at the courthouse steps
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MARCH 2018 SA Real Estate Investor Magazine