Florida’s real estate market is struggling, but how bad is it, and who’s next? Florida brokerage owner Jon Brooks joins us to explain how this market went from red-hot to near collapse, which strategies are still working, and why it’s more than just a local issue.

In this episode, find out which other markets are holding up (for now) and what this downturn says about what’s coming next. We look at why lending might beat buying, where investors are getting burned, and how to prepare for the next wave of distressed deals. Florida’s just the beginning — hear what it could mean for your market!

Topics discussed:

• Introduction (00:00)
• Jon’s real estate brokerage (02:02)
• Why Florida’s real estate market is struggling (04:40)
• Should you buy property in Florida? (08:30)
• How Jon is adapting to the market slowdown (09:12)
• The #1 thing you need to survive this market (11:57)
• Why you should focus on short sales and foreclosures (14:52)
• Short sales process and its challenges (17:35)
• Can the government fix the market? (19:50)
• The future of Florida and other struggling markets (22:41)
• Affordability issues and credit card debt (28:07)
• The best investments in this unstable market (30:12)
• What it takes to make millions in real estate (36:47)
• 100% bonus depreciation coming back (37:50)