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Updated about 8 years ago on . Most recent reply

User Stats

192
Posts
113
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Steven C. Suarez
  • Hurst, TX
113
Votes |
192
Posts

Will buy and holding shield me from an impending crash?

Steven C. Suarez
  • Hurst, TX
Posted
Hello group! Happy to be a part of this. Here's my short investing story. I am a brand new landlord. I'm renting out my house in Arlington, TX, that I was living in the last 7 years, and I bought a new house in Hurst TX, that me and my wife have been living in for 2 months now. Well, with a baby on the way, we called my bank to see if we could start looking for a bigger house already. We just got pre approved because of this life event to get another house. Crazy! My question is, should I start looking for another house immediately, or is the market at it's peak? I plan to rent out the first 2 houses and live in the 3rd. We're looking for something 1550 sq ft or bigger around 150k, in the HEB area. Prices have gone up a crazy amount in just a matter of months. Will doing buy and holds at this moment shield me from a potential crash? Thanks! Looking forward to working with y'all! Steven

Most Popular Reply

User Stats

1,255
Posts
1,097
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Joshua D.
  • Investor
  • Columbus, MT
1,097
Votes |
1,255
Posts
Joshua D.
  • Investor
  • Columbus, MT
Replied

@Steven C. Suarez

What crash?

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