If the math works...

[Account Closed]

I’m curious to hear opinions on buying right now in a high market environment. The way I see it, if the math works (for me that means netting $200/mo on an SFH after setting aside money for capex/maint costs) then you should be okay to buy, assuming youre goal is buy and hold for long term/consitent cash flow. But what am I missing? Where will I get burned when asset prices suddenly come back down to earth a bit?

[Chris Seveney]

Ned Gorges
You are correct, if the property cash flows and your looking to hold for the long term then now is not a bad time to buy as interest rates are still low (but rising). My buy and holds I currently am looking to hold for 15 years (which I also have 15 year notes on them) as they still cash flow and that is when I will have children in college.

People tell me all the time I should not of gotten 15 year term. My point is that no two investors are the same- we all come from different situations and have different goals so there is no one size fits all scheme as to investing in real estate. Good deals can still be found and long term holds typically increase overall long term net worth