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Updated about 2 years ago on . Most recent reply
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Best Real Estate Strategies for 2023.... and why?
I heard from someone that there isn't a bad real estate business, it's just a bad real estate strategy.
Considering the factors of inflation and rising rates, what do you think will be the best and worst strategy for this year and the next?
I hear a lot of folks making a move to the commercial apartments and even BRRRR are going to roar back.
But what do you personally believe would be the best and worst strategy for this year and the next?
Thanks! I hope to learn from you all.
Most Popular Reply
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Like stocks or crypto, I simply "DCA" or dollar-cost average in by buying at least one rental every year. I got spoiled to death with the equity booms in 2020-2021 but I could have never predicted that when I started in 2017.
As long as you're buying right and each unit has enough cashflow to sustain itself, it's always good to own real estate. No bad strategies as long as you're buying with the right fundamentals.