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All Forum Posts by: Liam Weld

Liam Weld has started 3 posts and replied 3 times.

Post: Impact of Market Crash

Liam WeldPosted
  • Brampton, Ontario
  • Posts 3
  • Votes 1

Hi guys!

I was once told that in a real estate market crash, the surrounding area of a city will fall in value just as much as the most desirable areas in the city. Basically saying that even though the outskirts didn't rise as much, doesn't mean they won't fall as much. This doesn't make sense to me since usually investments are volatile on both ends (up and down), not just up. Could someone clear this up for me?

I ask since I'm a Canadian who is constantly told we're in a bubble haha.

Thanks!

Post: AirBNB Rental Business

Liam WeldPosted
  • Brampton, Ontario
  • Posts 3
  • Votes 1

Hi everyone! I wanted to get people's opinions on a business concept that I have. I was interested in buying a property in an area such as Miami or Las Vegas (due to the low cost of homes & its desirability as a tourist destination), renovating it and renting it on Airbnb. If things go well I'd even like to turn it into a business where I do this for other people, while getting a cut of their return.

-Liam

Post: Airbnb Rental Business

Liam WeldPosted
  • Brampton, Ontario
  • Posts 3
  • Votes 1

Hi everyone! I wanted to get people's opinions on a business concept that I have. I was interested in buying a property in an area such as Miami or Las Vegas (due to the low cost of homes & its desirability as a tourist destination), renovating it and renting it on Airbnb. If things go well I'd even like to turn it into a business where I do this for other people, while getting a cut of their return.

-Liam