David Stone
Active 2 years, 5 months agoForum Replies Created
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Posts
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I had a conversation with my realtor friend, and he says because of the housing slowdown back in 2008 when everything collapsed, the market is 10 years behind on construction, which means there’s a shortage which he believes won’t go away soon. I live in Florida and also lived in Charleston SC and the scarcity is tangible. It’s been a seller’s market for years. It might level off a little but I just sold my house and got multiple offers immediately.
On the other hand, after watching “The Big Short” and realizing that the banks went right back to doing tranches immediately after the collapse and none of them went to jail, it means we should be due for another ‘correction.’
I’m not sure what happens when you have these two opposing forces like this. I went ahead and sold just to be safe, and I’m going to rent and see if the market collapses so I can get some deals.
Hi, I’m new as well, I found Jackie’s book last year but had some life changes which prevented me from moving forward. Now that I have a new job and moved to a new state, I’m ready to get started in wholesaling. I’ll be having to do this part time and while I’m at work so I hope there’s a lot I can do on the phone and on the internet, as I have access to both. I work in retail.
