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Updated over 7 years ago on . Most recent reply
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Foreseeing the Next Dip in the Market?
I've made the switch from a long buy and hold investor to flipping, which of course adds on the pressures of the overall market. I am buying my properties with the ability to still make $$ as a rental if I get caught with my pants down with a turn in the market, though I do not forsee that to happen in the roughly 3-month rehab/sell period after acquisition.
Therefore, I am wanting to know what the rest of the investors on BP are forecasting the next dip in real estate. And I know, I know, "it depends on where you're located" but I talking on the larger scale we all saw in 2008. And doesnt have to be that big, but a contraction/recession level 10-20% pullback. Market has been strong for too long in my opinion and am forecasting a noticeable pullback in 2019/2020.
Thoughts?!
- BJ Everson