Market HOT: Work 3x harder to find deals? Or enjoy life & WAIT for next cycle?

[J. Martin]

I only like to do VERY GOOD to GREAT deals, and it's getting more and more difficult to find them in my hot market in the San Francisco Bay Area. I was chatting with another investor about how many deals you have to prospect to find anything decent.. So you can ramp up your activities a lot for the same deals - or wait and get ready for the next one - or something in between. Fortunately, I do not NEED to close any deals to survive.

I'm starting to take a page from the @Gene Hacker playbook and spending a lot more time enjoying my life - wine tasting in Napa today, weekday happy hours, concerts, hiking... Don't get me wrong - I was always enjoying my life - and I'll still buy a great deal when they come along. But I'm questioning whether it's worth all the marginal time to pound the pavement for deals now, rather than just enjoying life more now and getting ready for the next cycle.

What do my investors from San Jose, Oakland, Marin counties think?

[Jay Hinrichs]

Going to Bottlerock today are you !! indulging in some Napa valley culture !!

Portland is the exact same way for deals.. but there are still deals... just need to cast a wider net. 

Like we are up in Sacramento now and that markets is doing well ... there is a lot of CA to look at.. Just don't venture to Lake Co.. we know that will be a problem  LOL