Show145: Should I worry about a real estate market crash and other investing questions.

real estate market crash

Well….if there’s an elephant in the room when it comes to talking about the market I think it’s this question that Tatiana (from our community) asked.

Kirk and I jumped right in to talk about it.

There’s no secret that right now all over the news there’s some talk about the market and what may happen in the somewhat near future.

It’s been over 10 years since the big recession hit in 2008 and the housing market has been on an upward swing since.

The reality is that the market is cyclical and after an upward tick there’s going to have to be a market correction at some point.

We talk about how it’s not necessarily always about timing when it’s going to happen (unless you have a crystal ball) but realizing and thinking 3-5 years down the road from buying property right now.

Ask yourself questions like if the market should turn a bit can I hang on to this property through the swing?

If the market drops 20% will the numbers still work?

We can’t predict when it will happen but we can be forward thinking in our investing and set ourselves up to be able to handle the downward turn.

These are a few of the questions we unpack on this episode. Tune in to hear more answers to common investing questions.

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