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Updated almost 4 years ago on . Most recent reply

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26
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15
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Isaac Gwin
  • New to Real Estate
  • Auburn, AL
15
Votes |
26
Posts

Worried I won’t be able to get in the market

Isaac Gwin
  • New to Real Estate
  • Auburn, AL
Posted

So we all know the market is crazy right now - i don’t know much, read a couple books and have more I want to read. One year from graduating college. I keep seeing stuff over and over saying we’re due for a correction but then in the next few years, prices are going to be so high, only those with the financial wherewithal will be able to buy properties again. Real estate investing is so amazing, but when I keep seeing these predictions over and over it gets discouraging - do young people like me actually have a chance to achieve our dreams?

I’m not saying this post makes sense at all, I’m probably flat out wrong and missing so much info, so any words of wisdom from people who know what they’re talking about would be huge. Take care!

Most Popular Reply

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1,012
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604
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Brad Hammond
  • Real Estate Agent
  • Portland, OR
604
Votes |
1,012
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Brad Hammond
  • Real Estate Agent
  • Portland, OR
Replied

Hey @Isaac Gwin, I think it depends on who you listen to.  While some people have been calling for a correction for 10 years, others have said things are going to stay hot.  I would research why people are saying what they are saying and come to your own conclusion.

As for getting started, I think it is imperative to purchase something ASAP.  I started with a condo in Denver.  It was a stretch for me but it got my foot in the door so I could eventually move up into something else.  Real estate has always been expensive and will always continue to be expensive so in order to be in the game, you need to get off the bench.  

  • Brad Hammond

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