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Many of my savvy investor clients wait for the winter months to acquire additional rental properties. Their reasons are pretty logical....
- In the Spring/Summer/Fall they have to compete with more owner occupant purchasers.
- In the Winter, many sellers are less hopeful about the likelihood of finding a buyer, and often are more flexible on price.
Of note -- this advice is most applicable to townhouse properties that might be purchased by investors or owner occupants. This does not necessarily apply to multi-family properties or student housing properties.
If you are looking for some advice on how to get started with real estate investing, check out HarrisonburgInvestmentProperties.com.
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