What do you think ? post 1

[Ismael Martinez]

Hello everyone !

    Not too long ago I watched a webinar featuring Brandon Turner...and man did I want to go out and buy some kind of real estate immediately, but the more I thought about it....the more it just didn't make sense! I mean.....I look around and see that home sales are up by like 20 % and that home prices continue to increase ( in LA ) and yet i hear about the ever increasing number of unemployed people and i just don't know what to make of it to be honest.  Either way one of the goals of the webinar was to finally just take action...and so I DID ! ...I contacted a real estate agent regarding a property in a city about 45 miles ? from where i currently reside...home prices are about 1/2 of where i currently live...and well the real estate agent told me that people are currently offering about 50k above asking price !!! my jaw dropped.  I went from excitement to disappointment in a heart beat.  Anyway my question to you is ...given the current financial climate....should I hold off on buying my first property ?  

As a side note....I have decided to listen to all of the Biggerpockets podcasts ....since the beginning !!!   I keep wondering if Brandon Turner ever buy that pink limo ?  what happened to episode 21 ? anyway i will try to make this a weekly thing! be safe everyone !