General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
Buy or wait until President-Elect Biden is in office
Hi all - happy holidays.
I closed on my first investment property in September. A SFR in Cleveland. so far it's going pretty well. I am trying to gauge the market as best as possible (obviously we don't have a crystal ball). But I am looking to see what others think about searching and buying now versus waiting until after Biden comes into office. Property values could rise after his inauguration as people become more hopeful of a stimulus bill, a more calm administration, etc. but we are also looking at the possibility of looming foreclosures at the end of the year if no deals are reached etc.
Open to all thoughts (no political debates, please haha). Thanks all.
I closed on my first investment property in September. A SFR in Cleveland. so far it's going pretty well. I am trying to gauge the market as best as possible (obviously we don't have a crystal ball). But I am looking to see what others think about searching and buying now versus waiting until after Biden comes into office. Property values could rise after his inauguration as people become more hopeful of a stimulus bill, a more calm administration, etc. but we are also looking at the possibility of looming foreclosures at the end of the year if no deals are reached etc.
Open to all thoughts (no political debates, please haha). Thanks all.