{"id":130485,"date":"2020-10-07T05:00:00","date_gmt":"2020-10-07T11:00:00","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=130485"},"modified":"2021-03-16T17:03:49","modified_gmt":"2021-03-16T23:03:49","slug":"should-you-invest-real-estate-now","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/should-you-invest-real-estate-now","title":{"rendered":"Should You Invest in Real Estate Right Now?"},"content":{"rendered":"

Lots of people want to know: Should you invest right now?<\/em><\/p>\n

Is It a Good Time to Invest in Real Estate Right Now?<\/h2>\n

Here’s how I look at it. We have no idea what the future is going to hold.<\/p>\n

I love people who are like, “Well, if I was investing back in ’07 or ’08, I would have made a killing!”<\/p>\n

No, you wouldn’t, because we didn’t know what was going to go on in ’07 or ’08. We didn’t know it was going to crash in ’06, ’07, ’08. We didn’t know where the bottom was. And we didn’t know when it was going to climb up again.<\/p>\n

You never know<\/em> anything\u2014ever. That’s the bottom line, right? We never know anything, ever. So right now, we don’t know anything.<\/p>\n

Related:<\/em><\/strong> 7 Essential Real Estate Investing Tips From a Successful Investor<\/a><\/em><\/p>\n

So, should we invest in real estate right now? Well, what if the market goes up? What if it continues like right now? It’s super competitive, the market’s climbing.<\/p>\n

Or what if the market tanks? What if we go into another recession like ’08, ’09? What if it kind of goes somewhere in between? It’s kind of like those are the three options: climb, tank, somewhere in between.<\/p>\n