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Updated about 5 years ago on . Most recent reply

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Furkan Kilic
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Some one from The netherlands?

Furkan Kilic
Posted

I am new in the business waited for the crisis and would love to invest at this moment.

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Ivor Grisel
  • Nijmegen, GE
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Ivor Grisel
  • Nijmegen, GE
Replied

Dear Furkan,

Welcome on the BiggerPockets forum! I'm also from the Netherlands, almost getting my first deal.

What kind of deals are you looking for? And be aware: the crisis isn't providing the wanted effects yet. The crisis hasn't to been a crisis long enough yet for the real estate sector (at least from what I'm seeing). Even more so, there is news from interest rates going up while house prices haven't dropped. It really depends on how long this will crisis will run.

Personally, if we can get out in the same time period as China, the hit on real estate won't be that big (showing how resilient RE is). The group that wants to buy is still big, and the amount of available housing still small. So if you're looking for deals, off market (so no Funds :)) might be your best deal.

As mentioned, I'm just in the game, so people with more experience might have other/better insights.

Again, welcome!

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