Just like the phoenix, whatever falls will rise again - the exact same can be said about the actual estate and construction markets. Sure, its been a hard 2-3 years in these flailing markets, however the it's slowly beginning to show around. Even with states like Arizona, Florida, and Las Vegas experiencing significant issues with foreclosures and incomplete construction projects, even these markets are starting to gain some steam.
Let's take Las Vegas like: the amount of foreclosures has reached an all-time high, BUT, if you've ever been to one of these simple Foreclosure Auctions, you'd find that there are just as many folks, mainly investors, ready to purchase as a number of these foreclosures as they can. Some of the investors are preparing to hold the note and simply ride out industry until it improves, and then buy it for a gain, but that is NOT the norm. A lot of the investors are now actually thinking about purchasing the homes, renovate them, improve them, utilize them now as a rental property to generate some income and then sell it as time goes on for gain.
This is where YOU can be found in: If you're on the construction side of the fence, then this would have been a great time to start papering the Owners, Owner Representatives, Agents, and GC's together with your resume. Let them you're out there. Let them know as possible perform the task that requires to be achieved at a good price. sell or invest in real estate properties While your profit margin may possibly not be as great as it once was, this is the perfect time to create your reputation and penetrate industry once again. As your reputation grows, so will your client base - you will soon be in demand and have to be able to charge more money for service, and raise your profit.
On the flip side, a number of these investors aren't astute, and do not have a small business sense for sure estate. Several investors are just buying because the news headlines media tells them it's an excellent idea. They know nothing about property management, coping with GCs and SCs', what a Project Manager is, where they would obtain a building permit, or what a city ordinance. This is where YOU come in. Here is the time to start researching the owners of REOs and Foreclosures in your town, sending your resume to the owners of the companies, letting them understand what you are able to do, and picking yourself back up
What Next: Ensure you have a GREAT RESUME! As a Certified Professional Resume Writer with extensive experience in the Real Estate and Construction field, I discover how important it's to be sure that your resume, (e.g., your FIRST IMPRESSION) is effective. Don't trust the resume to a novice - make sure you hire somebody who knows the construction and real estate services, and will help you obtain back on the feet!
Matthew S. is a Certified Professional Resume Writer and Member of the Professional Association of Resume Writers and National Resume Writer Association. He's a former Real Estate and Construction Professional and nationally renowned resume writer and has caused top companies, Fortune 50 Executives and federal agencies, including Construction Superintendents, Project Managers, Owner's Representatives, GCs, and SC's. He's who owns the Hard Hat
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