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General Real Estate Investing

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Whit B.
  • Investor
  • Phoenix, AZ
370
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407
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How To Crack $1M - In The Year 2020

Whit B.
  • Investor
  • Phoenix, AZ
Posted Jan 30 2020, 22:55

Is it just me or everyone playing it safe? Recently I’ve been catch a ton of flack on this forum for suggesting things like:

1) Maximizing leverage while carrying hefty reserves.

2) Buying for appreciation in western markets.

3) Buying properties that barely cash flow (for appreciation) and following each up with a STR to supplement cash flow.

I feel like the general vibe is hesitation. Market uncertainty. Fear. These suggestions are being received as total noob blabbering.

While I’m no expert, I do work for one of the top multifamily developers in Arizona and I have first hand knowledge that developers are NOT playing a scared game right now.

Why is this nontraditional route receiving so much push back?!?

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