Where are you buying during a recession?
1 Reply
Stephen Weiss
posted 24 days ago
Assuming an impeding recession, how would you capitalize as a real estate investor. What market would you target? What type of investment?
Joshua McMillion
Rental Property Investor from Madison, AL
replied 25 days ago
I would recommend changing your mindset. A recession can be a great investment opportunity, but you have to find deals that cash flow. The most important part of the REI, in my opinion, is the initial acquisition. If you buy a property and hope for appreciation, you will be overleveraging yourself. That being said, I would invest in areas that would still cashflow. I am focused on a region with several pockets, but I plan to retire here one day, and I am building my business around my life, not the other way around. I am also focused on SFH's to scale into large multifamily once I retire.
Sincerely,
Josh
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