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Updated almost 4 years ago on . Most recent reply

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Chad McClanahan
  • Investor
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Newbie - take it easy

Chad McClanahan
  • Investor
Posted

What’s up everyone - new to this so please take it easy. I am looking at investing in some buy and hold rentals. These would be my first investment properties other than a land deal I’ve done.
What is everyone’s thoughts on timing right now for first time investor given uncertainty with economy and past eviction moratoriums. My concern is if these get implemented again and also economic or national outlook with everything that is going on. Appreciate any input

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Nicole Heasley Beitenman#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
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Nicole Heasley Beitenman#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
Replied

There's never a time when interest rates, prices, laws, demand, supply, taxes, and everything else line up perfectly. If you don't do it now, you'll find another reason a year, two years, or 5 years from now why then isn't the right time.

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