Question for real estate investors…
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
| If you buy to rent, what are you doing now if you have cash to invest? Looking for a property? Holding until the market drops, interest rates drop, etc? Such a strange market and doesn’t seem to be changing. |
Anonymous
| it didn't make sense to buy to rent in nova for awhile now... |
Anonymous
Looking for responses from investors. People that have capital they need to invest. Not people that would have to save for a down payment for the rental property. |
Anonymous
Because the market is stagnant and home prices are expensive, rent prices have gone up astronomically as has demand. |
Anonymous
Rents in NoVA have not gone up astronomically. They have gone up, but not by that much vs area incomes. What has gone up astronomically is monthly mortgage costs. |
Anonymous
| I have 4 units, and I'm not buying anymore. Interest rates on the mortgages are all sub 3%, and I've done all the hard updates, etc. I don't have time to manage anymore and don't have enough money to justify hiring an independent manager. Now, I'm investing net cash flow in public equities and private funds. |
Anonymous
I am holding mortgages for people at 5%. It makes more sense than holding physical assets. |
Anonymous
| I would like to buy more, but I feel like only all-cash purchases make sense... nothing cash flows with a mortgage. And sellers are (understandably) content to let things linger on the market rather than accepting lower offers. So it will have to wait. Honestly, investing in stocks and bonds is probably at least as lucrative and so much easier. |