Thoughts on buying a apartment building right now? Politics COVID

Thoughts on buying a apartment building right now? Politics COVID

Rental Property Investor · AR · Member since 2020 · 12 posts · 28 votes

So I bought a duplex a couple months ago and I’m looking at a 15 unit apartment now. I’m planning on using equity from a rental home that I have paid off. Do you think now is the right time to dive in???

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  • Real Estate Agent · Member since 2019 · 285 posts · 149 votes
    6y

    @Joshua D baker I would do it if the numbers work and you feel confident finically in the event that things go south. In terms of Covid effecting the market, that depends on the location of the property. I wouldn't buy in the heart of a city that is seeing significant vacancies.

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