Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

38
Posts
15
Votes
Eddy Wehbe
  • Rental Property Investor
  • Boca Raton, FL
15
Votes |
38
Posts

Buy or wait? Prices too high for good Deals

Eddy Wehbe
  • Rental Property Investor
  • Boca Raton, FL
Posted

Houses prices are sky high in South Florida, so, even though interest rates are low, finding a good deal nowadays is almost impossible. What is your strategy these days???

Most Popular Reply

User Stats

17
Posts
14
Votes
Bill Boudreau
  • Clearfield, UT
14
Votes |
17
Posts
Bill Boudreau
  • Clearfield, UT
Replied

@Eddy Wehbe My strategy is the same, find a good deal that meets my criteria.  If it doesn't, then move on. I've been investing in multifamily (20+ units) because there's at least an opportunity to force appreciation by increasing value / rents.  

The response by @Joe Villeneuve made me laugh, but he's not wrong. I'd add that, sometimes the best deal is the one that you don't do, right now in most markets SFH inventory is very low, so prices are high and deals get snapped up quick.

Good luck in your search, and don't give up, right now you've got to look at a bunch of deals before you find any that are interesting.

Loading replies...