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Updated about 5 years ago on . Most recent reply

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239
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Ron Singh
  • CA
47
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239
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Real estate investment strategy while covid lockdown in place

Ron Singh
  • CA
Posted

here is one if the hindrance Investors are facing in this uncertainty situation :

Hard to find renter, which is stoping investors to keep adding more properties to the portfolio. obviously, if you can't rent the property, would it still makes sense to keep buying, even if you are getting great deals ?

what strategy is working for you in this uncertain/downturn situation ?

Most Popular Reply

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9
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2
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Blake Alvey
  • Developer
2
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9
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Blake Alvey
  • Developer
Replied

@Ron Singh

I say look at the last recession in the market and research the people that came out on top during that time, now I am only 16 so take everything I say with a grain of salt, but I feel as long as you can afford to keep the properties long enough to outlast corona, you should still be buying properties and expanding your portfolio. People are scared to buy right now just as you are and so people are passing up on deals that you can capitalize on. The market has a way of keeping itself level, when the market goes down like this it has a habit of overcompensating before leveling out again to normal, in which if you buy a property now and sell it during that overcompensation period, you can get the most “ bang for your buck “

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