South Bend 2019 Outlook

[Stephen Sokolow]

Hello Investors!! First I want to wish everyone a merry chrismas and happy new year. I wanted to start a discussion about where you feel real estate prices are headed in 2019 in South Bend? What are you plans for investment? Buy and Hold? Flip? How do you feel the recent rise in interest rates will effect the investment outlook in our city? What trends do you feel will effect real estate prices? What zipcodes or parts of the city do you think are or will become the best areas for investment and why? Lets talk. If anyone is up for a meetup lets set one up. 

[Stephen Fryer]

HI @Stephen Sokolow and @Joel Florek

I struggled with the same issue. As an investor, we can defer capital gains with a 1031 exchange. I would have to compare and contrast the criteria to see if there is a significant benefit and haven't really had a chance to do that yet.

Perhaps the real opportunity is to appreciation. If there are other businesses investing in these zones, then there may be a chance to change the fundamental economics of the area and improve house values long term.