New member in Minnesota

[Christopher Cline]

Hello Bigger Pockets,

I am a new Investor getting ready to finish my first flip to put on the market or possibly rent. Looking for some advice on how to invest the profits with the potential market downturn/recession pending...

I have been following the forums, listening to the podcasts and have read a few of the investment books published by BP. However I would love to meet up with someone local investors to get a better feel for the market in my area and to start building my "funnel"

Any advice would be greatly appreciated!

[Todd Dexheimer]

Originally posted by @Amber Gonion:

@Christopher Cline

I know Grant Cardone just said to get out of real estate. We disagree the market is still solid, supply is low, builders are not out producing demand, rates are low, defaults are low.

While we know that things can change with the unemployment rate, and defaults may rise.

The twin cities market may level off for a bit, we don’t see a large fall.

I would hold on to your property and refinance at these great rates and reinvest. We have been hearing of this great fall for two years now. I think we are safe for the next year or two, maybe longer.

 I have been hearing about the market crash coming since about 2014. Eventually those calling it will be right!

Oh, and come the the Northstar Real Estate Conference in September! There will be a lot of great people to meet