Is there a good or bad time (season) to buy a rental property?

[Daniel Wetherill]

Hey there,  

I am getting ready to purchase my first multifamily property here in the next couple of months.  With getting together financing and all other things it is looking like I wont be able to purchase my multifamily until October/November time.  Obviously people don't like to move in the winter but is this a bad time to invest or should I wait?  

This has been stressing me out.  Any advice would be very appreciative. 

[Alberto De jesus]

I would say you should always be looking for houses to buy. It doesn't matter what season or the state of the market. If someone needs to sell a house and it's a true deal, buy it. 

The worst you lose for trying is time and effort. The best you could gain is a deal.