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Updated almost 3 years ago on . Most recent reply

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231
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Thomas O'Donnell
  • Rental Property Investor
  • Columbus, OH
188
Votes |
231
Posts

What Should a New Investor do In These Times?

Thomas O'Donnell
  • Rental Property Investor
  • Columbus, OH
Posted

Hello all!


I am a new investor looking to move to Columbus, OH soon and purchase my first property via house-hacking. However, I am not sure what to expect with this market as in waiting for prices to drop or buying asap. Interest rates are rising ans I feel like the RE market has some uncertainty surrounding it at the moment. I want to be smart with the minimal cash that I have and make sure that I am buying a great deal to protect myself. I don’t want to dive in head first and then watch the market crash. What are some ways that I can enter this market and when should I enter the market? All advice is greatly appreciated! 

Most Popular Reply

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13,423
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19,465
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,465
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13,423
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

The "times" will impact all deals all the time, depending on the "times".  Don't invest or not invest based on the "times"...invest in RE based on the deal presented to you, at that "time".

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