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Who's Been Through This Cycle?
Hi,
I know markets and economic conditions- thought not necessarily circumstances- are cyclical. And the last decade or so has benefited RE investors because of the low rates and there's been a surge in RE investors over that time. My question is if anyone here was investing from before the 08-09 era where rates weren't as favorable as they have been since AND if so, how do you think this "new normal" in rates is going to affect the fix-and-flips or BRRRR strategies?
I know it's an ignorant question, but it's been a burning one on my mind.
Thanks!