Why I'm Not Buying Real Estate Right Now

TL;DR

Real estate investor discusses why he is currently not buying real estate and shares concerns about high property values and economic uncertainty.

Transcript

i am a real estate investor but i am not buying any real estate right now because of what's going on in the economy and the real estate market and by the end of this video you'll understand exactly why what's up everybody i am just pretty sing from the minoritymindset.com and welcome to the minority mindset for a good chunk of 2020 our youtube vide... Read More

Key Insights

• ✋ The real estate investor prefers real estate over the stock market and is currently not buying real estate due to high property values and uncertainty in the market.
• 👋 Distressed properties offer the opportunity to purchase real estate at a discount, providing a good return on investment.
• 👪 The investor calculates the return on investment based on cash flow income from rent.

Questions & Answers

Q: Why is the real estate investor not currently buying real estate?

The investor is not buying real estate due to high property values and uncertainty in the market, including evictions bans and potential economic downturn.

Q: What does the real estate investor look for in an investment property?

The investor prefers distressed properties that can be purchased at a discount, allowing for a good return on investment.

Q: How does the real estate investor calculate the return on investment?

The investor aims for a minimum of 8% cash on cash return, meaning for every $1,000 invested, they expect to make $80 per year in passive income.

Q: What concerns does the real estate investor have about the future of the real estate market?

The investor is concerned that if the economic pain from the recession increases, property values could decrease over the next few years, potentially impacting investments.

Summary & Key Takeaways

• The real estate investor prefers real estate over the stock market and typically invests in distressed properties at a discount.

• Currently, high property values make it difficult to find properties that meet the desired return on investment.

• Uncertainty in the real estate market, including evictions bans and potential economic downturn, leads to concern about future property values.