Thoughts/Inputs/Advices!!!: Greeting Countrymen (Women)
Greetings Countrymen(& women), There might be lot of other posts pertaining to this subject I did read most of them but things have changed due to COVID 19 ( I believe). Pardon me for asking typical newbie questions.
1. Best place to buy a rental property - with good Cash on Cash and little of appreciation ( say 3% each year)
2. What should my strategy be to find this - turnkey guys v/s individual contractor v/s 'doing on your own'. ( I am typical w2 employee.)
3.What’s your take on house market collapse - as you must be aware - lot of people are losing jobs. I just get a feeling eventually house bubble will burst in next 6 months. Supply of house is not that great now. I feel lot of people will have forbearance on loans in next couple of quarters and lastly will either foreclose or sell their house on lesser price. so may be that would be a good time to buy house . What say you?
Again, I would really appreciate your thoughts on above three items.
Big Thank you!