All Forum Posts by: Yashar E.

Hello BPers,

As we all spend time analyzing deals and determining “flip” or “buy and hold” I was wondering if anybody here currently runs their numbers anticipating another major market correction.

I am not sure if another housing crash comparable to the last one is possible. In any instance, it seems reasonable to think when a correction does occur, which ever market is hit, there will be issues that trickle down. Some issues would be tenants keeping up with rent and new homeowners buying recently rehabbed homes at the current market prices. These would specifically be problems for Flippers and Buy/Hold Investors

For example, to prepare do you run the numbers for potential rental property based on percentage decrease in rent amount? For Flip properties do you buy if numbers total to 60% instead of 70% of the ARV?

Previous to this past weeks market gloom and more so presently I have been pondering the best way to approach this method. Or on the other side of things, is it necessary to make such preparations? Any insight or past experiences would be much appreciated.

@Justin Eaton

(sorry tag didn't work before)

@Justin Eaton

Welcome @Jason Sylka and what you have done here is great!  I am sure all users can find this tool of some use.  I know I will!  Good luck with your endeavors and reach out if you have any questions!  Thanks for your contribution

Hey @Steven Israel if you'd like PM me and I can give you the contact of somebody on here that may be able to help

Welcome Vlad.  Be prepared for the massive amounts of useful information on BP

Hey @Chris Silver and welcome.  I am from South Jersey but make my rounds to central as well.  

Maybe I'll see you around but the best of luck either way

I posted this in the marketplace but I am not sure if it was the correct place to post it, so here I go again.  

Hey BiggerPockets I am looking for licensed electrician in or near the South Jersey. I am going to be picky and ask that you are willing to work on more than only one job.  There will be plenty of work to keep busy for the next few years and for that reason we would like to build and maintain a professional working relationship with you (exclusively).   Referrals are greatly appreciated as well and I will send back the good juju in return!  Thank you in advance 

@Darshan Patel  reaching out to see where your path has taken you.  I am from south jersey as well.  Maybe I'll see you around!.  PM me if you'd like.  Take care