Did you know that Easter weekend is actually the best time of year to buy a house as a real estate investment? It’s true!
Sure, a real estate investor buying investment property is often warned to avoid the spring and summer months in the real estate market. But the Easter holiday is actually a little-known exception to this real estate investing rule.
Keep reading to find out just why Easter is the best time of year to buy a house for real estate investing and how you need to act now to ensure you get the best real estate investment deals on investment properties in the real estate market.
What Makes Easter the Best Time of Year to Buy a House?
No Bidding Wars Over Investment Properties
The reason some real estate investors avoid buying investment property in the spring is the competition. Not only will there be competition among real estate investors, but owner-occupiers are in the real estate market looking for homes for sale to relocate by the time summer rolls around. The idea of going head to head for every potential investment property with other real estate investors discourages real estate investing during this time in the real estate market. Winter months tend to have lower competition (a general trend in the real estate market). Spring is generally considered a seller’s market because of this real estate market trend while winter – a buyer’s market.
That’s why Easter is the best time of year to buy a house. Most real estate investors and owner-occupiers prefer to relax during the holidays and not worry about trying to find investment properties. Competition over an investment property during Easter will be basically non-existent. A real estate investor can put an offer on an investment property, knowing the seller is likely to have no others during Easter weekend.
Click here to find investment properties to purchase during the best time of year to buy a house.
More Options for Real Estate Investors
Low competition in the real estate market is not the only perk of buying investment property during Easter weekend. While spring is considered a seller’s market because of the high competition, it has one feature of a buyer’s market: more homes for sale in the real estate market. Because real estate investors selling investment property favor the spring months for the competition, more and more homes for sale are listed during this time.
This gives a real estate investor buying investment property during the spring more options. With more options, you’re likely to find the ideal investment property that will bring you positive cash flow and a great return on investment.
Every Real Estate Investor Knows This Combination Can’t Be Beat!
Basically, the real estate market during Easter weekend looks more like a buyer’s market than a seller’s market. The combination of low competition and high housing inventory makes Easter the best time of year to buy a house as a real estate investment.
Related: Real Estate Investors Want to Know: When Is the Best Time of Year to Buy a House?
Act Now to Take Advantage of the Best Time of Year to Buy a House!
Now that you know this secret real estate investing tip for the best time of year to buy a house, it’s important to act now. Real estate investors who wait until the actual weekend of Easter to find investment properties will not have enough time. The process of buying investment property will be rushed! Follow these steps to ensure you find the best real estate investment to purchase during the best time of year to buy a house.
Find Investment Properties Now
Spring is creeping up, and real estate investors are placing their homes for sale in the real estate market right now. Start by looking for a great real estate market to invest in. Mashvisor’s rental property calculator has narrowed down the choices for you for 2018. These are some of the best places to invest in real estate for this year:
- Seattle, WA
- Phoenix, AZ
- Philadelphia, PA
- Miami, FL
- Austin, TX
- Salt Lake City, UT
- Tampa, FL
- Columbus, OH
Related: Where to Look for The Best Real Estate Investments for 2018
Once you’ve chosen a real estate market, it’s time to find investment properties which you can purchase during the best time of year to buy a house.
Don’t waste another minute! Click here to find investment properties before the best time of year to buy a house comes and goes!
Analyze and Inspect Investment Properties
While timing and location are important in real estate investing, a real estate investor has to ensure that the real estate investment bought during the best time of year to buy a house will be a successful one. Analyzing the profitability of an investment property through return on investment, cash on cash return, and cap rate is key when making a real estate investing decision. Use Mashvisor’s rental property calculator to help you analyze investment properties quickly and accurately.
Getting a home inspection before Easter weekend is important. If you wait until the best time of year to buy a house, you may not even find a professional home inspector willing to work the holiday.
Related: What Are The Advantages of Real Estate Investment Analysis?
Have Investment Property Financing in Place
Once you find a few different investment properties, it’s a good idea to get investment property financing ready. Whether you get pre-approved for a conventional bank loan or have a cash investment in hand, having investment property financing ready to go will make purchasing a real estate investment during the best time of year to buy a house much easier and faster.
As always in the real estate market, a real estate investor who has investment property financing in place looks more attractive to sellers. They can get their cash for the investment property immediately. A seller of investment properties will accept your offer during the best time of year to buy a house rather than waiting after Easter weekend for another offer from a real estate investor.
Find a Real Estate Agent Now
If you wish to use a real estate agent to make buying an investment property during Easter weekend easier, you have to find one now. Just like with a home inspection, you might not find a real estate agent working during the holidays so easily.
Why wait until the winter to buy an investment property? This is one real estate investing rule you should break! Take advantage of what Easter weekend has to offer to real estate investors and invest in real estate during the best time of year to buy a house. Get started now so you don’t miss out on this great real estate investing opportunity!
Sign up for Mashvisor to find investment properties before it’s too late! Don’t let this real estate investment opportunity pass you by!