To get straight to the point…2010 will look a lot like 2009. In other words, BIG opportunities for Self Directed IRA real estate investors.

In the early part of 2009, we forecast that real estate prices would stabilize either in late 2009 or early 2010. And, at this point, it looks like the worst is over and those huge drops in prices are a thing of the past.

That doesn’t mean there won’t be additional price drops, especially in cities where foreclosures dominate the market. Conversely, where inventory is limited and jobs are not an issue, expect to see some slight appreciation.

Regarding the distressed market, foreclosures and short sales are likely to increase. With the job market in the tank and fewer homeowners able to keep up with their mortgage, options are limited. This scenario probably won’t change for the next few years.

So, what does this mean for Real Estate IRA investors? While it is truly unfortunate that many Americans are being hit really hard with the economic meltdown, it is a FACT that opportunities for cash investors are almost unlimited.

Properties in desirable areas are at all-time lows and investors can practically name their price. Being that this type of investing is determined purely by the potential for cash flow, there should be no emotional attachment. That makes it easy to simply move on to the next property, if the seller is unwilling to accept an offer.

In 2010, huge returns will be realized by investors who have the cash to make the deals.  Rent-to-own and owner financing will also continue to grow in popularity and unless the lenders loosen their restrictions, it could be “Back To The Future” to the 1970s and 1980s when high interest rates bred “creative financing”.

It bears repeating. Cash is king and for investors who are taking advantage of Checkbook IRA plans to scoop up properties, the sky is the limit.

If you haven’t read our posts on distressed properties and the opportunities for investment, click HERE to read the 3 part series. About the only update we can offer to these posts is the fact that banks are going to be more willing to make deals with short sellers and with the properties they have taken back in foreclosure proceedings. Again, more opportunities.

So, if you haven’t done it already, get a Self Directed IRA plan set up, find a good Realtor with training in the distressed property market and start making offers.

The time to take control of your own retirement investing is now.  Contact us today to get started.

Safeguard Financial
www.IRA123.com
877-229-9763