Cal C.
My property is still down over 40%! BEWARE!
I've written about this before but I just had an appraisal come back for one of my commercial properties. It literally appraised at 50% of what it appraised for in 2007. I put 20% down on the building and I've paid...
Will Pritchett
How to Hedge our bets?
I have read a lot of threads about whether or not we are in a bubble that is about to burst or maybe we are due for a correction. There are many different opinions but I would like to ask some of you for your me...
Fletcher Clardy
Questions to consider before investing in Real Estate.
Happy Wednesday to all!I wanted to get some feedback on questions other Real Estate professionals consider before each potential investment. I know for my firm our biggest one is, "LOW BASIS". Is the asset valued unde...
Robert Clark
Multifamily property value during recession
Hi All, Quick question for people who have owned investment property during 07-09 or other downturns. How was your property value affected? How much of an estimated percentage did it drop? Do recent property comps sti...
Wayne Newland
Are there any markets yet seeing a downturn in real estate sales?
I am a real estate broker in Zanesville, Oh. Our market is still very hot with low inventory and homes selling above average. Just curious is anyone out there is starting to see a shift yet or a downturn in sales in ...
Daniel Qin
How to mitigate risk of a lower ARV in a market downturn?
With the market cooling down, it is possible the purchase price continues to go down. For investors who estimated ARV at the time of market peak, they are running the risk of having a lower ARV than their estimate whe...
William C.
The market downturn is here, at least in my market. Anyone else?
It's here. The shift is upon us. Whether a crash is to follow, I am not sure, but the rising tide that we have all been riding for the last 9 nears to reaching it's tipping point. I seriously have no more time to w...
Billy Bell
How to Make Money in a Falling Market
There has been an increasing amount of talk going around, for a good reason, about the economy crashing or "correcting" in the very near future. Some people think it may be worse than the "great recession" due to the ...
Amber C.
Post-COVID Multifamily investment
What do you think the market/price for Multifamily after COVID?In terms of people’s behavior change, ie prefer more backyard and living space vs. living in a building.Where I am (Toronto), we have seen a lot of people...
Dennis King
When the Market Turns - What is the Best Strategy?
In Kansas City, the single family home prices dropped 20% in 2008 in many areas and the inventory and day on market increased dramatically. When the next downward cycle hits, what are the: 1) Key drivers (economy...