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Updated about 1 year ago on . Most recent reply
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Market Correction on the Horizon?
Market price corrections happen.
No one can time the exact top (or bottom) prices of the Real Estate market.
Although you can get a feel for when you think properties are getting too expense, and when you think they greatly favor investing.
But you can never know the exact best time to sell (or buy).
When price corrections happen:
1) Some investors will lose their properties due to no cash reserves, or no credit reserves.
2) Some will lose them due to lack of knowledge or not having a market appropriate strategy.
3) Some of them will lose them because they over-payed, or bought negative cash flow properties, or bought properties they don’t know how to manage (or have a good manager for).
Good Luck!