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Updated about 6 years ago on . Most recent reply

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16
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4
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David Van
  • Rental Property Investor
  • Henderson, Nv
4
Votes |
16
Posts

Do I still buy multi units if a potential crash is near?

David Van
  • Rental Property Investor
  • Henderson, Nv
Posted
I'm currently looking into 2 different multi units that have a 12-14% cash on cash return and I am very serious about purchasing them. I have heard a lot of talks about a future crash on the horizon. Do I still purchase the home knowing that a possible decrease in value could occur? I am still getting a great return even if property value goes down, but I am just curious if anyone has dealt with this or has any advice??

Most Popular Reply

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47
Posts
35
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Andy W.
  • Investor
  • Meridian, ID
35
Votes |
47
Posts
Andy W.
  • Investor
  • Meridian, ID
Replied

There always is, and always will be a potential crash coming. If it's a good deal, then buy it and don't worry about it.

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