Crash? Crash?! CRASH!

[Morgan Madill]

With the employment hitting record highs the stock market going through the roof, the fed pumping billions. There seems to be an impending crash or serious market correction on the horizon.

What goes up must come down and when you sell when everyone is buying and buy when everyone is selling, at the same time I know timing the market isn’t the best idea. The “right time” will never arrive.

However as someone preparing to their first deal, I do not want to tie my cash up while good deals are difficult to find and hold on while continuing to build a saving getting cash heavy for the impending fire sale.

The big question is to advantage of cheap money now with limited capital (>20k) or hold out getting cash heavy (100k) for property values to get slashed?

I want to hear your thoughts on crash strategies BP!

[John Warren]

@Morgan Madill in 2015 investors were saying the world was coming to an end, and I bought a screaming deal. In 2016, investors were saying the crash is coming and I flipped my home and bought a 20 unit. In 2017 investors were saying the crash is almost hear and I bought a gut renovation 19 unit in Berwyn where I am about to get most of my cash back using the BRRRR method. In 2019 everyone said the sky is falling and I picked up a screaming deal on a six unit. The sky still hasn't fallen and I have healthy cash reserves just in case... happy investing!