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Real Estate in 2021

Posted by Bill Bateman on January 18, 2021 - 3:35am Edited 1/26 at 3:24pm

It's going to be a very rough year for a LOT of landlords in the USA and worldwide.

We have politicians like President elect Joe Biden adovacating for prolonged periods of time that tenents don't have to pay their rent.

That's just crazy.

It will lead to a spike in rent increases, then a spike in evictions, then a spike in rental property devaluations, then a spike in rental property inflation.

That cycle MAY be the goal strategy of the Democrat National Party but it's not good for America or the world.

Be proactive. If you have an office that you can close - close it.

Pay your mortgage off as rapidly as possible. Make extra payments and/or partial payments as soon as you can.

Get ready to move.

If you are living in a Democrat Party (Blue) state, get rid of any and all real estate you can break even on. Blue States will do well for a couple of years under Biden/Harris but they'll go down in the very near future for a very long time.

Real Estate will be "choppy" for the next 4 years.

Be flexible in this asset class. There will be some real bargains

 

PS has your business been looking for a great webinar platform? Webinar Ninja is not a household name (yet) but the combination of affordability, features and ease of use guarantee it will be - https://www.webinarninja.com/278.html

Gerald Roberts Sounds like this will create a buyers market good for realestate Investors.
April 18, 2021 at 5:32pm
Edited 4/18 at 5:32pm
SÉRGIO LEITE Obrigado por compartilhar.
January 25, 2021 at 5:38am
brian chochola Thank you for this
January 23, 2021 at 4:35am
Simon Keighley We are heading into uncertain times - thanks for sharing, Bill.
January 18, 2021 at 8:52am