Real Estate Investing Trends to Watch Out for in 2024

from Turning Profit · host Pete and Heather Reese

In our latest episode, Heather and I dived deep into the crystal ball to unravel the mysteries of 2024 in the world of real estate investing.First off, we're foreseeing a nosedive in the use of text messaging for outbound leads. Regulations are tightening their grip, and cellphone carriers are throttling back on outbound text marketing.But we've got AI riding in on a digital steed to the rescue. Heather and I share our experiences with AI tools, especially the marvel that is ChatGPT. It's not just about answering calls; we're talking about personalized responses that make your leads feel like they're chatting with a real human.But wait, there's more! We delve into marketing trends, the impact of lower interest rates, and the allure of owner financing. We even touch on the crucial role of fantastic agents and how election years can disrupt the real estate investing space.And that's just the tip of the real estate iceberg. We tackle regulations, the intricate dance of commercial real estate, the impact of remote work on property values, and the hurdles multifamily property owners face.And, of course, we can't fail to talk about the latest trends in land flipping.Join Heather and I as we dive deep into these topics and more and offer our insights and predictions.Key TakeawaysIntro (00:00)Text messaging as a lead source (03:14)AI revolution in real estate investing (07:40)Back to basics with direct mail (13:50)Cold calling, pay-per-click, and MLS (16:11)Cash will remain to be attractive (17:44)Partner with Pete Program (21:51)Trends in marketing properties (26:28)General trends for 2024 (30:36)2024 predictions in land flipping (38:25)Commercial real estate and multifamily trends (46:26)There will always be opportunities (51:00)Time to answer some questions (52:22)Additional Resources:✨ Get all of our recommended tools and services at https://resources.landconquest.com✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/—Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.Follow us on your favorite platform so you never miss an episode!

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This episode was published on January 2, 2024.

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