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Updated 7 months ago on . Most recent reply

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Mike K.
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83
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RE Investing - Not a good option right now

Mike K.
Posted

After looking at the opportunities available in RE investing and analyzing the risks and rewards I decided that there are better options available to build wealth.  It pains me to say this since I have been an appraiser for a long time.  In my 10 year time horizon until I retire I believe I can build more wealth as a small business owner and have decided to purchase a business.  I would like to personally thank everyone for sharing your experience and advice. Best of luck to you all.

  • Mike K.
  • Most Popular Reply

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    Kevin Sobilo#2 Tenant Screening Contributor
    • Rental Property Investor
    • Hanover Twp, PA
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    Kevin Sobilo#2 Tenant Screening Contributor
    • Rental Property Investor
    • Hanover Twp, PA
    Replied

    @Mike K. I hope that works out for you.

    IMO opinion, its ALWAYS a good time to invest in real estate.

    However, depending on the economic climate deals might look differently. The kind of deal that was easy to find pre-covid might not exist right now, BUT a different kind of deal might be ripe for the picking.

    There are SOOOO many ways to invest in real estate that its hard to ever say with authority that "now isn't a good time to invest".

    Good Luck!

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