Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
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
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
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

User Stats

162
Posts
232
Votes
Chris Gawlik
  • Investor
  • Yucaipa, CA
232
Votes |
162
Posts

One Million in CASH !!! Wait or Buy Now !!!

Chris Gawlik
  • Investor
  • Yucaipa, CA
Posted

Just curious if you were a buy and hold investor, and you had a million in cash right now, would you wait until covid ( time frame guessing 8 months to a year from now ) is over or start pulling the trigger and try to find deals now.

Not that I have a million dollars. I wish I did, but just curious what you think about how covid may effect the economy and the housing market.

No right or wrong answer here just wanted your opinions. Thanks.

Most Popular Reply

User Stats

2,204
Posts
5,117
Votes
Greg M.
  • Rental Property Investor
  • Los Angeles, CA
5,117
Votes |
2,204
Posts
Greg M.
  • Rental Property Investor
  • Los Angeles, CA
Replied

I would have no problem investing at this time. It's all about the right deal. You may be able to get a good deal on a place where the rents aren't being paid and the owner either can't afford to hold on or is too scared. I bet lots of mom & pop operations will be selling thanks to all the government changes. I'd probably avoid a place where there is a lot of renovations needed as contractors are swamped right now. 

Loading replies...