With still plenty of distressed inventory out there, potential real estate investors are taking notice. Unlike the waves of investors in the past who bought and flipped properties at lightening speed, the majority of today’s investors are taking a slower approach. In a recent RealtyTrac survey, 100 respondents identified as real estate investors were queried on their views regarding the market. The group was comprised mainly of investors who’ve been active in the market from 2006 through 2012. Of the 100 respondents, over 48 percent noted that they had been involved in the process for over seven years. Another 35 percent of the individuals reported that their investment activity spanned between just two and seven years.
The RealtyTrac report also revealed that many of today’s investors were considered relatively small scale because they purchased five or fewer properties. Among those who participated in the survey, 55 percent that bought properties in 2012 fit the conservative buyer model. This type of private real estate investor is considered more of a small portfolio player than one who is backed by a hedge fund collective or other such large interest.