What if real estate values go down where you live?

live Real Estate values
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What if real estate values go down where you live?

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In today’s email, I’m going to cover three possible strategies for a real estate downturn. Strategy #1: Don’t Sell. How serious is the problem really? Let’s say that the home you live in, the property you are renting out or the property you bought as a fix and flip goes down in value. Well, if you weren’t planning to sell right away, would it matter? Hang on until the market comes back. Historically, in the bigger picture, a real estate market will ALWAYS come back. Of course, this sounds really simplistic. Don’t sell. Wouldn’t it be nice if everything was that simple? Maybe it really is, though. If you’ve followed the Tax Loopholes strategies for making sure you have enough cash for your debt (as outlined in The Insider’s Guide to Making Money in Real Estate and The Insider’s Guide to Real Estate Investing Loopholes.) A lot of people forget that when the emotions run high though. In the late 1980’s and early 1990’s, the real estate market really started crashing in Phoenix. In 1995, I

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Here are three possible strategies for a real estate downturn. Strategy #1: Don’t sell How serious is the problem really? Let’s say that the home you live in, your rental property, or the property you bought as a “fix and flip” goes down in value. Well, if you weren’t planning to sell right away, would it matter? Hang on until the market comes back. Historically, in the bigger picture, a real estate market will always come back. Of course, this sounds really simplistic. Don’t sell. Wouldn’t it be nice if everything was that simple? Maybe it really is, though, if you’ve followed the Tax Loopholes Strategies for making sure you have enough cash for your debt A lot of people forget that when the emotions run high. In the late 1980s and early 1990s, the real estate market really started crashing in Phoenix. In 1995, I got a new tax client. She was a real estate broker in Phoenix. The Phoenix market was recovering well by that time. But, the broker said she’d never own real estate investmen

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