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Updated 9 months ago on . Most recent reply

User Stats

7
Posts
8
Votes
Sras Sath
8
Votes |
7
Posts

Investing In This Market

Sras Sath
Posted

Hello,

I asked a question last night and my account got deactivated since they didn't think my name is real. Anyway, I am just starting out. I've only read the first 25 pages of "The Book on Rental Property Investment" and I am amazed. I'm not looking to make quick money. I know this is a long term strategy. I'm wondering if I should wait until the market improved (lower house prices and lower interest rate) or if there are still opportunities to invest in rental properties right now? 

Thank you. 

Most Popular Reply

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2,998
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3,116
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Corby Goade
  • Investor
  • Boise, ID
3,116
Votes |
2,998
Posts
Corby Goade
  • Investor
  • Boise, ID
Replied

Waiting for things outside of your control is not the way to win at anything in life. I know plenty of investors who have taken that stance- they've been waiting for 10+ years while everyone around them has become multimillionaires by taking calculated risks. The funny thing is, lots of them think they're more savvy because they aren't "overpaying."

Learn your market inside and out and build a team of people around you who can help you analyze deals and make moves. Just take action, don't wait around. 

Best of luck. 

  • Corby Goade

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