Investors : Buying now or waiting for calm down

[Raj G.]

Hi Friends,

Just wondering what is trend now-a-days.

Home prices have touched 2006 peak on most places.

so , you guys are investing or waiting for market to come down.

[Mark Kelley]

I am a part time investor and only recently getting serious about my strategy. I have tons to learn as well. Given the hot sellers' market in my area, I'm moving towards a position of safety and strength. Locked in low long term rates. Unloading a marginally performing rental to free up some debt to buy a better property later. Dialing in property management and rental pricing. Bulding relationships. Growing cash reserves to be ready for a better (easier) buyers market for a casual part-timer like myself. 

Certainly interested to hear what others are doing.