Investing in Delaware Real Estate

[@captainrick9379]

Thanks Matt! You always give great info! The Market , Interest rates and selection of inventory Suck right now, My son is in the mortgage business just a few short years ago they had 55 employee's , Today they have 4 😒 I look at it this way, It can't get much worst ... (I Hope) So that and a few other things are keeping me on the sidelines for now. But when the time comes, YOU are my go to guy! Thanks for all you do! 😎👍

[@rehoby]

The term you "can cash flow it" cracks me up. It's the equivalent of a sideline reporter saying a linebacker is "out with a knee." Lol

[@matthewcrosson3874]

Demand is going to decline when facing 7-8% mtg rates. Traffic congestion is horrific.

[@MattLunden]

Demand has not declined a ton since hitting 7% rates in the late summer, certainly will make the investment side more difficult to navigate. Many buyers are paying cash when coming here so the rates don’t effect them

[@matthewcrosson3874]

glad to hear, but NJ is about to reduce retiree property taxes next year a lot, and there's a multitude of price drops going on because sellers are anxious to sell now, and in Sussex, continual supply by the builders.. @@MattLunden