Paul Mark Morris
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Podcast Appearances
And interestingly,
his realtor happened to work for me, which is not as crazy coincidental as it might seem because there are 2000 realtors in LA working for me.
And I knew the person and I know that she's a great realtor and she was suggesting a buy.
And then his CPA said, don't buy now.
It's not a good time to buy.
And I, and I asked him,
did your CPA go out and look at the property or did he at least see the deal?
And he said, no, he was just saying it's not a good time to buy.
And I told him, I absolutely promise you that that is terrible advice.
And the reason why I know it's terrible advice, I'm not saying buy it or don't buy it, but the reason why I know it's terrible advice is because if you don't look at the deal, how in the world would you know whether you should buy it or not?
And there certainly is a price at which any real estate deal makes sense in any market.
If you have a need to buy real estate, meaning like you're renting, let's just say you're renting and you come to me and say, is now a good time to buy real estate?
I would say now's a great time to look for deals.
And every single market is slightly different.
Like the Fed just dropped their rates and they're anticipating that the Fed's going to drop their rates again, maybe once this year, as many as two or three times next year.
there are people waiting till those rates drop and that i'll tell you why that doesn't make sense because when the when rates are low and the market's hot then i have clients yeah i have clients and people they've now missed their seventh home you know they got outbid and they're they're waiting for a time when their offer would be would be looked at so
If you can afford to buy your own home, then every market is a great market.
That doesn't mean that every deal is a great deal.
You can make a bad buy in every market and you can make a phenomenal buy in every market.
Please.