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Updated over 2 years ago on . Most recent reply

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Anthony Myatt
  • Contractor
  • Arizona
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6
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Buying rental property

Anthony Myatt
  • Contractor
  • Arizona
Posted

So I read the BP article; "Where the Largest 100 Markets Are Heading", and was curious on your thoughts.  Do you think it is better to purchase and rent a house in a market where prices have fallen dramatically because people are leaving, or purchase and rent a house in a market where prices continue to climb because everyone is moving there?

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,418
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied

You should definitely avoid investing in declining markets in my view unless you have a really really compelling reason

  • Robin Simon
  • [email protected]
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