Buying and selling in a Recession

[Archie Sharp]

Is it best to buy and sell during a recession? Or do you buy in a recession and wait until the market is back up? I heard we are due for one?

[Chris Seveney]

Archie Sharp while I think everyone would agree it’s better to buy low and sell high - if anyone can tell you they can predict housing prices in the future then why aren’t they as rich as Warren Buffett?

I think most economists agree the economy is getting fragile as interest rates are rising and America’s are in the most debt they have ever been in.

Now to the question of investing in real estate - if your a buy and hold investor and buy at a good
Price you are most likely in it for the long haul and will have dips and upticks in the market but as long as your renting and paying down any debt your in good shape. Just do not over leverage. If you want to fix and flip that is different and it will depend on where you want to invest