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Updated over 4 years ago on . Most recent reply

User Stats

24
Posts
1
Votes
Sherief Melik
  • Real Estate Investor
  • Rolling Meadows, IL
1
Votes |
24
Posts

Next House Market Crash/Recession

Sherief Melik
  • Real Estate Investor
  • Rolling Meadows, IL
Posted

Hi Everyone,


I have been reading and thinking about investing in real estate for the last 4 years, I know that I already should've done long ago :) the thing that i have been in the US only since 4 years and it seems that it was the best time but i did not know back then.

My strategy is buy and hold but i feel that these days there are no good deals and prices are going into a bubble, you can barely make 4-6% after all maintenance, hoa, taxes, vacancy and turnover.

Do you think a house market crash will be coming soon or not ? also can prices even go higher than now and even after the crash will go only to the current prices ? I am confused, please share your thoughts.

Thanks,

SMelik

Most Popular Reply

User Stats

40
Posts
21
Votes
Rex T.
  • Wholesaler
  • New England
21
Votes |
40
Posts
Rex T.
  • Wholesaler
  • New England
Replied

Now is a great time to build up your cash reserves and be patient.... cycles always repeat themselves ( investor 20 + years )...

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