My local RE meeting went really well last night. I had three people come up to me and asked me to e-mail/text them pics and more information about my properties on the Westbank. I have three on the Westbank (across the MS river from the main part of the city) and two in an area called East New Orleans. No one asked me about East NOLA, meh. It is a less desirable part of town compared to the Westbank. But also where my properties have the best cash flow.
But the other thing I am excited about is the speaker who was there is a leading expert on buying REOs (foreclosures), before they hit the MLS. Between the overbuying that's been happening over the last few years, the RE market already softening and a recession looming, I think the RE market will have unprecedented opportunities in the medium-term future. Nobody knows exactly when, but sometime in the next few years and I want my ducks in a row and be ready.
At any rate, he is having all-day class on Saturday all about it and I signed up last night. So that is now half my weekend, lol. After work today, I'm meeting my H at Costco to finish our weekly scan. Sunday definitely needs to be my day of rest!
