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Updated over 4 years ago on . Most recent reply
#4 Coronavirus Conversation Contributor
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- Midlothian, VA
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People in and out of investing
#4 Coronavirus Conversation Contributor
- Investor
- Midlothian, VA
I am seeing a lot of people jump in and out of the market. Why do you think that is? There have always been a lot of "part time" investors; people who do deals now and again. Maybe a flip a year? One or two wholesale properties every 6-10 months? Do you think it is because people are too scared to make the jump? Or are they not finding the success they want? Perhaps they find it too challenging but at the same time, they don't want to totally give up? I would like to see the people in the business be more committed and full time. I think it would raise the professionalism level in the industry. Thoughts?
Most Popular Reply
Everybody and their brother "wants to be in real estate" now. Especially flipping. I suspect a lot of it is due to popular TV shows. They get in and out of real estate because they find out they don't know what they are doing and have a difficult time.