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Updated almost 8 years ago on . Most recent reply

Account Closed
  • Denver, CO
2
Votes |
14
Posts

How to Invest During an Inventory Shortage

Account Closed
  • Denver, CO
Posted

Hey guys! I'm from Kansas City and am looking to invest sometime this summer. From my research, I've found that there is a big inventory shortage in the KC market, but seems nationwide to an extent. Properties are being overpaid for, are on the market for a few days sometimes, have even run into people overpaying for properties without doing an inspection. 

How does this affect someone looking to invest soon? I'm looking to invest in a 2-4 unit property FYI. Does an inventory shortage just mean you need to be all that more creative to find good deals or do you simply wait for the market to shift?

I appreciate the feedback greatly.  

Most Popular Reply

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Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
3,788
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Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
Replied

Luke Faulconer If the market shifts but interest rates rise .5% while you're waiting, it's probably going to even out for you. So the short answer is: there's no free lunch. Just keep looking for deals or expand your radius.

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