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Updated over 6 years ago,

User Stats

231
Posts
124
Votes
Derek Luttrell
  • Chicago, IL
124
Votes |
231
Posts

Buy or Don't Buy in Q4?

Derek Luttrell
  • Chicago, IL
Posted

Hi All, 

I am ready and looking for what will be my 5th property, but I am unsure of how wary I should be of the winter months. Right now, the leases on my properties start in April, June, August and September, and if I went under contract on anything else in 2018, the lease would start in Nov, Dec or Jan. 

I invest in a strong rental market with high demand, but I have not been around long enough to experience firsthand what happens to the market once the snow starts falling (Indiana). It's a Catch-22 of sellers becoming more desperate to unload their listings, but investors risking extended vacancies until Spring. Do you guys avoid acquisitions in Q4, or maybe the opposite, do you press harder on the gas in Q4 for a better buying opportunity? 

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