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Updated about 5 years ago on . Most recent reply

User Stats

36
Posts
14
Votes
Drew Nashmy
  • Investor
  • Bedford, NH
14
Votes |
36
Posts

Have you put your real estate investing on hold?

Drew Nashmy
  • Investor
  • Bedford, NH
Posted

Or are you doubling down. Curious to see what this group of experts is doing. We primarily do Fix'n'Flips in the mid-range in our area, and just closed on our last active property in February. Ordinarily, we would be actively looking for our next two projects, but I fear we potentially could be buying a bit high right now and future ARV's will decrease.

Is it best to keep forging forward with our plans toward our goal, or is it time to take a pause and see if the future market provides better deals? I feel last weeks unemployment numbers are just the beginning of the waterfall. 

Is it time to change strategy? Purchasing a new rental seems even more risky in this environment. I am anxious with money sitting in the bank, but don't want to make a poor decision. 

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