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Updated almost 5 years ago on . Most recent reply

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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
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4,236
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There is NOTHING to buy!

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Posted

Pre-covid I was blaming it on the economy but still able to find a property here and there worth scooping up -say maybe 4 per year. 

NOW..... there is NOTHING coming on the market in my market and my system has screeched to a halt. 

Will acquiring properties go back to normal when things go back to "normal?" 

Do I need to be patient or do I need a new market/system? 

Most Popular Reply

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335
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Paul Shannon
  • Rental Property Investor
  • Fishers, IN
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335
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Paul Shannon
  • Rental Property Investor
  • Fishers, IN
Replied

I'm seeing that buyer and seller expectations are not entirely aligned right now.  We went from a sellers market to now somewhere in the middle almost overnight.  

Now is the perfect time to be patient.  Focusing on building relationships here on BP and connecting with people virtually.  Learn about different strategies that you haven't explored in the past.  The strategy you had been using will take on a different shape and opportunities will arise as markets change.  You'll be ready when they do. 

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