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Updated almost 5 years ago on . Most recent reply

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Winfred Brown
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9
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Investing in buy and hold real estate

Winfred Brown
Posted

Hi all newbie here. I am currently ready to start investing in buy and hold real estate in Fayetteville, NC. I wanted to know if investing while COVID issues are going on is a good idea or not, or should I keep going further into the process of investing, pre-approval process,etc. I have been researching biggerpockets for a while and I am ready to start investing but wanted to see what seasoned investors think. Thank you for your time in advance. 

Most Popular Reply

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Cameron Tope
  • Property Manager
  • Katy, TX
1,382
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1,790
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Cameron Tope
  • Property Manager
  • Katy, TX
Replied

Hey Winfred,

Like most things, it depends. 

Do you have some savings, a steady job and a solid plan to begin investing? I wouldn't start right now if you're about to lose your job, don't have any cash or a plan to invest. 

But if you have those things, then now is just as good of a time as any to get started. 

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Emerson Property Management
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