Time to Hit the Sideline??

Question

Is it time for Investors to head toward the Sideline or Continue Buying?

Enrique Huerta · Answer

If you have a long-term perspective in real estate, I would dollar-cost average and continue to buy. If you were buying in the last 2 years, you were paying increasingly higher prices so buying today would be a better play overall. It's not about being on the sidelines, but instead it is about finding a motivated seller, negotiating a solid price, and structuring the financing so it remains accretive to the overall investment.

I'm curious, Account Closed, are you on the sidelines or still buying? And why?

Justin Brickman · Answer

Time to double up

Enrique Huerta · Answer

Account Closed, that makes sense. I appreciate you asking the question.

Personally, as mentioned, I am bullish and will be seeking good opportunities in 2023 and beyond. The first few months of the year will be slow, but I think as the Fed decides to stabilize interest rate policy, that will cause more folks to transact and allow opportunities to appear. Additionally, as loans come due, many groups may need to recapitalize or sell to continue operating their assets/businesses. There will be great opportunities in the summer and beyond imho.

LaMancha Sims · Answer

@Enrique Huerta. My firm lends money to Investors and we build home in the SE. So, I am always in the market in some fashion. Right now, I am asking this question to get a feel for what Investors are thinking and what they need to gain more profits in 2023.

My thoughts are always to be in the market...There are always profits to be made. But I want to know how other see things.

Thanks for replying.

Nate Sanow · Answer

It’s always smart to buy. I’m excited about it for me, my colleagues and clients. Winter is always a good time and the perception in the market makes selling tricky but opportunity more present than last few years.

But pausing buying is okay if someone is new and has a personal financial situation that makes them feel like that is what they need to do. The “sideline” time can be used to learn and grow.

Eliott Elias · Answer

Time to get off the bench and start playing

Time to Hit the Sideline??

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