- Joined
- Oct 24, 2007
- Messages
- 2,289
Curious to hear what market investors like best?
mid 2008-mid 2010 was a down market, great time to buy but tough to find tenants and we watched peak values erode. Harder to raise money despite lots of great deals everywhere.
stayed even for a few years but mid 2013 through to now has been quite hot. Great rents and values but very difficult to buy with mostly overpriced junk on the market. Many have money to invest but nothing to buy...
I would guess if you were building a portfolio you would prefer a down market, but if you are standing pat or selling you want it hot.
Knowing that the vast majority of REIN members are buyers I'm curious to hear if they like the hot market we have right now?
mid 2008-mid 2010 was a down market, great time to buy but tough to find tenants and we watched peak values erode. Harder to raise money despite lots of great deals everywhere.
stayed even for a few years but mid 2013 through to now has been quite hot. Great rents and values but very difficult to buy with mostly overpriced junk on the market. Many have money to invest but nothing to buy...
I would guess if you were building a portfolio you would prefer a down market, but if you are standing pat or selling you want it hot.
Knowing that the vast majority of REIN members are buyers I'm curious to hear if they like the hot market we have right now?