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All Forum Posts by: Brandon Simpson

Brandon Simpson has started 2 posts and replied 2 times.

Market Trends & Data

Post: Potential Market Crash

Brandon SimpsonPosted
  • Posts 2
  • Votes 2

I am new to the real estate investing game but it is my hope to close on my first deal this year. If I close on the deal and make good cash flow and the market crashes, what happens? If the value of the home goes down would I not pay less on the loan? And would my tenet(s) be able to still pay off the mortgage and other expenses?

1 Vote
General Real Estate Investing

Post: Should I stay away from properties that have been on the MLS for a long time?

Brandon SimpsonPosted
  • Posts 2
  • Votes 2

I am interested in an area in southern Illinois, it has a few multi family properties that come with tenants, but they have been listed for a while. I’ve seen the listings from 200-1150 days. Is this a red flag I should stay away from?

1 Vote