Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 month ago, 10/16/2024

User Stats

83
Posts
37
Votes
Marc Shin
37
Votes |
83
Posts

is now a good time to buy investment real estate?

Marc Shin
Posted

With all the uncertainty going on with the world, with the wars in the middle east, longshoremen strikes, election in November, and potential for stock market and housing market crashes, should I hold off on purchasing real estate until the world is more "stable"?

User Stats

5,836
Posts
6,730
Votes
Dan H.
Pro Member
  • Investor
  • Poway, CA
6,730
Votes |
5,836
Posts
Dan H.
Pro Member
  • Investor
  • Poway, CA
Replied

I will be the contrarian.  Is it a good time is relative.

It is the worse time in many respects since 2010.  Two studies have shown rent to value ratios have never been worse implying cash flow on the average purchase is at an all time worse.  Recently the rates were the highest for this century.  Further legislation continues to impact residential RE investments.  The residential prices nationally are at an all time high.  Relative to the past 15 years, it is a poor time to buy residential buy and hold.  

However …

- even with this being relatively a poor time to Purchase residential RE, I suspect a 10 year hold will produce better return than most other investment options

- there are a lot of ways to invest in RE.  There is a very small chance that they all would be poor at the same time. 
- there are numerous ways to achieve sweat equity from boring but true rehabs, to development, to various localized sophisticated options.  
- there are various finance options that can help produce better return. 
- even if many buy n holds are not great in the near term, all you need to do is find one that works for you.  

In summary I see deals close virtually daily that I believe only work well with a lot of patience (more patience than I have).  However I also regularly see investors finding deals that work for them.  I will add there are some creative and skilled RD investors.  

Good luck

  • Dan H.
  • User Stats

    3,948
    Posts
    5,113
    Votes
    James Hamling
    Agent
    #3 Real Estate News & Current Events Contributor
    • Real Estate Broker
    • Minneapolis, MN
    5,113
    Votes |
    3,948
    Posts
    James Hamling
    Agent
    #3 Real Estate News & Current Events Contributor
    • Real Estate Broker
    • Minneapolis, MN
    Replied
    Quote from @Isaura Orellana:

    The one thing you and the rest of us have working in our favor is the market has never not bounced back. It always ends up more lucrative than ever before.....


    Ok, so either this is a joke or was there like some meeting before hand, a "hey, heres how we really gas-light em" kinda thing???? 

    Your supposedly in Detroit! Come on, COME ON!

    Ok, how about giant swaths of coal and steal country? Ever hear of a little known person called Senator Fetterman? His entire platform to politics, becoming a Mayor, than Senator, was in representing DEAD towns, dead and near dead markets who lost there industry basis and have been eviscerated and NOT come back. 

    Over 90% of the textile industry from US has been offshored. Steal Industry, auto manufacturing, the facilitating things to these like coal mining, the decapitation of these industries in the US has left a trail of devastated towns and collapsed markets who have NOT come back and have no prospects of ever coming back to there former glory as the "thing" that put them there, is gone. 

    The Gold Rush, there is another one. Laundry list of boom towns that are now, at best, ghost towns, if not just a debris field. 

     See Isaura this is why pretending feelings can replace facts, will be the downfall of everything. It's literally the "Idiocracy" road map. 

    There is a long LONG list of towns, neighborhoods, markets that have had a downfall and NEVER recovered. So yeah, not only can it happen, it DOES happen, and LOOOOOOONG has happened. Every time a technology shift happens, and evolution occurs, an efficiency breakthrough happens, a SHIFT occurs, things change. Markets built on the old wither, and new are built for the new. 

    • James Hamling
    business profile image
    The REI REALTOR®
    5.0 stars
    7 Reviews
    BiggerPockets logo
    Join Our Private Community for Passive Investors
    |
    BiggerPockets
    Get first-hand insights and real sponsor reviews from other investors

    User Stats

    860
    Posts
    818
    Votes
    Dave Spooner
    Pro Member
    • Rental Property Investor
    • Cincinnati, OH
    818
    Votes |
    860
    Posts
    Dave Spooner
    Pro Member
    • Rental Property Investor
    • Cincinnati, OH
    Replied

    You will never find a so-called "stable" time. Find a good deal and buy!

  • Dave Spooner
  • [email protected]
  • User Stats

    104
    Posts
    42
    Votes
    Jordan D'Silva
    • Investor
    • Dallas, TX
    42
    Votes |
    104
    Posts
    Jordan D'Silva
    • Investor
    • Dallas, TX
    Replied

    Waiting for the “perfect” time to invest means you’re missing out on potential opportunities. Real estate has a vast array of different strategies, instead of timing the market, consider your goals, what is available to you, and what makes sense both in the current market cycle, but also long-term. Let me know if you want to connect, I’m always willing to share how to find good deals, even during times like these.

    User Stats

    104
    Posts
    42
    Votes
    Jordan D'Silva
    • Investor
    • Dallas, TX
    42
    Votes |
    104
    Posts
    Jordan D'Silva
    • Investor
    • Dallas, TX
    Replied

    User Stats

    13,242
    Posts
    19,242
    Votes
    Joe Villeneuve
    Pro Member
    #4 All Forums Contributor
    • Plymouth, MI
    19,242
    Votes |
    13,242
    Posts
    Joe Villeneuve
    Pro Member
    #4 All Forums Contributor
    • Plymouth, MI
    Replied

    The things that come to those who wait, are the things that are left behind, by those that got there first.

    User Stats

    600
    Posts
    563
    Votes
    Tim Ryan
    • Investor / Mentor / Contractor
    • Arcadia, CA Buying Out of State
    563
    Votes |
    600
    Posts
    Tim Ryan
    • Investor / Mentor / Contractor
    • Arcadia, CA Buying Out of State
    Replied

    Always be on the lookout for a good deal as you'll find them at anytime. Let's just say this would no be a good time to quit your day job and go real estate investing full time. Because of the things you bring up and because it is very competitive out there, I haven't bought in 2 years. But I have been upgrading and developing the properties I have.