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Why are investment properties Selling So FAST?
Hello BP,
I've been working diligently the past few months to pick up some investment properties. It is baffling to me at just how fast the properties are selling!! Properties are selling above asking price, lots are over priced and a lot of all cash deals. One duplex sold so fast earlier this week to where I didn't even get a chance to put an offer in on it.
Are investment properties selling so fast right now because of the low interest rates? What is it?
Most Popular Reply
@Ryan Copeland IMHO, all hard assets are increasing in price and selling quickly due to low interest rates now AND the inflation wave that will show up pretty soon. It doesn't matter if it is bicoin, commodities or real estate....they are all on the move.