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 over 4 years ago,
Milwaukee Single-Family Market
As I'm sure many are, we have been taking a long, hard look at our investment plan in the midst of this crisis. Certainly, one thing has not changed, as the Warren Buffett adage goes: The best investment timeline is forever.
So, bearing in mind that we are in this for the truly long haul, what are folks seeing or foreseeing in the Milwaukee market in the small residential buy and hold realm? Do you anticipate there being a large distinction in the impact this crisis has on single vs. multi-family markets? Or will this be negligible?
I have long been focused on the small multi-fmaily market; however, I am increasingly trepidatious about the volatility of this market versus SF in the relatively short-term--say the next 2-5 years. While this volatility is NOT particularly frightening taking a long view, it does have me thinking about the kinds of challenges I want to negotiate as a newbie. Obviously you have the advantages of exit strategy with single-family but the inherent disadvantage of 'competing' with emotional non-investor home buyers when purchasing--this being what has traditionally turned me off from single family homes. Thanks for any insights you all can provide, looking forward to hopefully meeting some of you in person when we get to the other side!