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Updated over 2 years ago,
Knocking and exploring doors.$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Today I had a conversation with my realtor friend Danny, we talked about the risk of investing right now, whether it's flipping or buying to rent. The points were the high costs of the materials, the high interest rates and the difficult conditions that families have today to pay either the mortgage or the rent and we came to the conclusion that it is not the time to make any financial movement until next year 2023, taking into account the political elections this year 2022 and waiting for the reduction of interest rates by the FED, we are talking about the market in South Florida, I do not know if it applies in other states. I would like to hear the expert opinion.
Thank you, Bigger Pockets FAMILY