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Updated almost 5 years ago on . Most recent reply

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Khiry Glenn
  • GA
1
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Starting in real estate post Coronavirus? Pros/Cons?

Khiry Glenn
  • GA
Posted

My wife and I are looking to purchase a property to rent out. Is it wise to do so post Coronavirus or should we wait?

Most Popular Reply

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CJ M.
  • Rental Property Investor
  • Canton, OH
1,194
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CJ M.
  • Rental Property Investor
  • Canton, OH
Replied

@Khiry Glenn

There are always good deals to be had. I think your market is also going to play a big factor. In the midwest, so far we have not seen any decline in applicants looking to rent. That said we're still in the very early stages of this pandemic, so it's anyone's guess what the market will look like iver the next say 1-12 months. My advice, would be to continue to move forward but make sure to pay closer attention on keeping adequate reserves.

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