Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago, 12/14/2023

User Stats

737
Posts
619
Votes
Logan M.
Pro Member
  • Investor
  • Provo, UT
619
Votes |
737
Posts

It's not about timing the market, it is about time "IN" the market

Logan M.
Pro Member
  • Investor
  • Provo, UT
Posted

In 2019 rates began to climb and the numbers started to become tight, almost nothing worked based on the the sale prices. I felt like I missed out on low-interest rates and was frustrated that I had not been born 3 years earlier. (That is a joke)

Then in 2020, COVID happened, which nobody could have anticipated. I was just smart enough to buy a lot of real estate in early 2020 and was able to get a ton of appreciation and strong rents.


Looking back at this situation I have relaxed a little bit and have come to realize:

#1 Nobody can time the makert

#2 Even some of the worst purchases with time can start looking good

#3 Real Estate with Leverage over time is the ultimate compounding that you cannot find anywhere.

Another consideration is the many ways to make money on a property: Rent, Depreciation, Debt Paydown, and Appreciation.

I never thought that debt paydown would be such a large number so don't discount these four ways to make money.

  • Logan M.
  • Loading replies...