Real Estate 2019 Opinions

[Kendrick Salazar]

As many of you know the economy around the world has been going a little bit crazy and its just about time before the effects start to effect large corporations in the US in a very significant way. I have heard of real estate going down in many areas and see it as an opportunity to purchase property at a larger scale. I just wanted to get opinions from other real estate investors acrosss the country and in my local area on what they see occurring in the market and its effect going forward into next year. I do know that the market is reaching its peak but how have those experienced in particular taken advantage of those moments the real estate market has reversed direction. 

[Nathan Gesner]

We all think we can predict the future, but nobody can. 

I think we're balancing out and may start to see corrections in the next 1-2 years. Rentals have been a hot market with tons of amateurs and major investors jumping on board. I think we're going to see the demand slow and we may even see certain markets that have over-built which could seriously impact rent rates and occupancy rates.

On the other hand, rising interest rates may result in fewer buyers and more renters.

On the other hand, I think a lot of newbie investors are going to start selling off because they're tiring of dealing with tenants or they're divorcing or their market shifted or...

Who knows? China could decide to take over next year or we could have major terrorist attacks on metropolitan areas that destroys our economy.

I would focus on making investments that will work even if the market tanks. Don't over-leverage. Buy properties that rent to blue-collar people, not high-end and not low-end. Don't over-extend your accounts and keep a reserve.