Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago, 09/15/2016
Everyone is investing. Where to go??
Hey all. This is my first post so go easy on me. First. Not an investor...yet;) But in getting the courage to buy something I have a question about the state of the real estate market. I'm currently in the Tampa market. I wouldn't say it red hot but its pretty close. Prices rise daily and I hear about more and more regular joes getting into the market as landlords and real estate brokers/sellers.
This has me concerned because I've heard that when everyone is going one way, you should probably go the other way. Warrent Buffett said something similar. Even BP's Brandon said it on a podcast. "When you're taxi driver starts asking about real estate investing then maybe you should start to question the market."
So with that in mind, where would you invest your money?? Stay out of the market for now?? Continue to look for deals, even though they are few a far between?
Thanks for the help.