I'm new to rental investments

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I'm new to rental investments

David Esslinger
Rental Property Investor · Mount Pleasant · Member since 2022 · 11 posts · 15 votes

I'm planning on buying two new houses in a small growing community. I'm new in rental investments. The seller said I need to buy now, because the value of these homes are about to sky rocket. Am I making a good decision by going through

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  • Greg ScottPro Member
    Rental Property Investor · SE Michigan · Member since 2014 · 4k+ posts · 6k+ votes
    4y

    LOL  Anyone that says they know how to predict market appreciation is a liar.

    There certainly factors that can support growth, but too often some unforeseen event has a bigger impact, positive or negative.

    Buy if the houses give you a good return from renting them and ignore the promise of speculative appreciation.

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  • Bryce Hammill
    Investor · Torrance, CA · Member since 2019 · 50 posts · 35 votes
    4y

    I would not buy based on someone telling me to do so. Don't feel rushed or pressured by the seller. They are saying this as it will more then likely benefit them. 

    If you have done all your research and have already determined this is the place you are going to buy, then I would consider buying.  

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