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Updated about 4 years ago on . Most recent reply

User Stats

27
Posts
4
Votes
Jeannie H Armstrong
  • Rental Property Investor
  • Mobile Al
4
Votes |
27
Posts

House prices have jumped up!

Jeannie H Armstrong
  • Rental Property Investor
  • Mobile Al
Posted

House prices in my area and around the country have increased tremendously which has impacted the cost of acquiring rental properties. How are other investors handling this? 

Are you continuing to buy at the increased price or are you holding off on buying?  Have you found other strategies for acquiring properties?

Thank you...

Most Popular Reply

User Stats

105
Posts
41
Votes
Luke J Nelsen
  • Real Estate Agent
  • Milwaukee, WI
41
Votes |
105
Posts
Luke J Nelsen
  • Real Estate Agent
  • Milwaukee, WI
Replied

I am still buying right now. If the numbers work and it fits my criteria, why not? The market may go down and my equity position may go down but I am in it for the long haul. 

Reminds me of my favorite saying: Don't wait to buy real estate. Buy real estate and wait. 

And there are deals out there if you put in the work to network and find them. 

Happy hunting!


Luke

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