Buying & Selling Real Estate Discussion

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Shaquan Webster
  • Rental Property Investor
  • Chesapeake, VA
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Buy Now or Wait for the much talked about recession?

Shaquan Webster
  • Rental Property Investor
  • Chesapeake, VA
Posted Aug 22 2019, 07:08

Good Day Bigger Pockets Fam, 

I'm 24 years old. I currently own 1 property (that I live in) in Virginia Beach, Virginia. I;m new to Bigger Pockets and I'm new to real estate in general. I want to invest in rental properties that cash flow in this area. I've been doing a lot of research over the past couple months about real estate and more specifically rentals. With all this talk about the market being out of control with high prices and the upcoming recession, do you feel its best for me (as a "newbie") to wait until then? Should I just keep growing my knowledge and saving so that I can buy more when/if the recession hits?

P.S: If you're in the Virginia Beach area or anywhere in the 757, send me a message I'd love to connect with you!

Thank You

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