As the next potential housing crisis looms, one real estate investing expert argues there are possibilities for those who know how to profit. According to Noelle Randall, owner of NuuRez Inc. and president of FDR Horizon Enterprises, the current market is rife with potential for those skilled and experienced in the business and those who want to get started in real estate.
Randall has been investing in real estate for over 20 years and has experienced making money in any market firsthand. She says the key is to be strategic about it and be a solution to the problems that will arise when a housing crisis occurs.
Getting Her Start At the 2008 Global Financial Crisis
“I started from my parent’s basement, broke, bankrupt, with foreclosures, and taking care of kids. It was a disaster. This was the recession. This was when the big foreclosure crisis happened; people lost their jobs and houses. I thought that this was a terrible time to get into real estate. But, my mentor at the time told me that this was the perfect time,” Randall shares.
Randall aimed to be a solution to the foreclosure problems many were facing at the time by starting her business and making sure other people wouldn’t have to go through what she did.
Randall would reach out and market herself as someone who could help them. “People at risk of foreclosure and bankruptcy would approach me and ask how I can help them. I was able to get those people, get them under contract and then flip those contracts to investors who wanted rental properties or properties to fix and flip. Real estate investors started paying me fees for referring them because I had done the legwork. You’re just putting together some win-win scenarios, making everyone money and solving a problem.” she says.
How To Make Make The Most Out Of A Bad Situation
Randall strongly recommends building business credit and getting business funds to prepare for a housing crisis. Obtaining business credit can help real estate investors receive better terms and prices on loans, credit cards, and other financial products and effectively speed up the business getting off the ground. In addition, getting business credit ahead of time ensures that entrepreneurs have money available should a crisis start. They don’t have to use their own credit and funds to make their business a reality. Instead, they can protect their personal assets while trying to grow them.
Her next piece of advice is to focus on a problem and be a solution. “Focus on helping people solve their problems,” Randall shares. She advises finding a property problem, specializing in resolving that difficulty, and building a business around it.
“It’s about finding an opportunity to make money in a property problem and growing your business from there,” she emphasizes.
Getting That Edge when Investing in Real Estate
Investing in knowledge increases the chances of success as a real estate investor, especially during a housing crisis. Mentors such as Noelle Randall are invaluable resources. Randall is a successful businesswoman who started with nothing after the 2008 financial crisis and built a fortune with her extensive real estate background. The Two Comma Club award winner shares her insights with aspiring entrepreneurs striving to earn wealth and financial freedom through her books, workshops, and YouTube channel.
Randall will also be holding her NuuRez Tours event on November 5, 2022. This event is an inexpensive opportunity to learn firsthand how to start a real estate business.The all-day event will include a full luxury bus tour of Noelle’s real vacation rental properties that made her a millionaire. Attendees will also receive an invitation to a networking party. For more information, visit www.NuuRezTours.com.
To learn more about Noelle Randall’s courses and coaching services, visit her official website: www.NoelleRandall.com.
Noelle’s Team
Email: contact@noellerandall.com
Phone: 1-888-479-4542
NoelleRandall.com
