Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

Guys, is the time right to buy a rental property in the Midwest?
Friends, I've been wanting to buy a rental investment in any of the following states: IL, IN, GA, MI but im getting cold feet. Everyone is telling me to wait for a correction. Your thoughts please
Most Popular Reply

I bet the names of those people you refer to as "everyone" are all the same..."Chicken Little". I have found in life, that when you refer to this person(s) named "everyone" as your expert, you end up doing the wrong thing. "Everyone" doesn't know anything, so why do so many say "everyone knows",...usually when they don't want to do something?
Find a different group of advisors...not named "everyone".
The answer to your question isn't "yes" or "no". It rarely ever is. The answer is, it depends on the specific market you want to invest in.
...and what is this "correction" no speak of? What is the wrong that needs correcting?