To liquidate or stay the course
I am a 36 yo with a steady income from a career outside of real estate. I have 5 rentals and my fiancé has 3. We both have steady careers, etc. The question is a market timing one I suppose. Should we liquify stop the almost top of the market (now), place in a low risk, interest yielding account waiting for the recession fire sale?
Most Popular Reply
- Lender
- Fort Worth, TX
- 6,507
- Votes |
- 8,194
- Posts
@Jason Vannoy don't panic. Let the other guy panic. I'm thinking that you didn't get into real estate with a short term outlook. Keep riding those traditional things we get in real estate for - long term wealth, cash flow, principle buy down, and appreciation. In the 5,000 year history of real estate it's never been worth $0. Can't say that for the stock market or even other currency types. Stay that course. With inflation, you are losing 8% of your money in the bank right now. So if your returns aren't 8% on that money, that means you are losing money. Even if appreciation were 0% on your real estate properties for a couple of years, the cash flow and principle buy down will make your returns better. Long term baby. That's the trick in real estate. Hope all of that makes sense.



