In a word…YES!
In two paragraphs…
Buyers are definitely buying. Sellers are still selling. Opportunities are still there. Atlanta has much better resiliency than the last crash to weather the storm however that doesn’t mean this is going to go smoothly for everyone by any stretch. A lot of defaults are coming as there are a lot of people that cannot hold out 2,3,4 months. The governor opening things up helps for sure but that doesn’t mean we will be back to normal anytime soon.
However…
The Buyers that are the most serious are absolutely buying. In fact, some are chomping at the bit. There is no doubt there will be an impact to the economy and they have oftentimes already thought that through already. Many of them have seen this before from the last crash. Some did not partake of the last crash and are excited to not miss the opportunities ahead. Whatever the case, there are Buyers!
If you are a wholesaler, your role is simple. Serve people and help resolve problems. If you are a rehabber, still provide value and don’t cut corners. If you are a landlord, keep providing quality properties to your tenants. If you are a builder, keep building good stuff.
And no matter what the market does, you can make money whether it is going up, down or sideways. It’s all about the numbers coupled with the appropriate exit strategy.
Happy investing!