Should I wait to buy my first property?

[Mario F.]

I am looking to buy my first property within the next few months but I've heard several real estate investors say that it's a terrible time to buy because of peak prices.  That I should wait at least until after the election etc.... I was wondering if anyone had thoughts on this.  Thanks!

mario

[Mario F.]

Thanks so much for the advice! It seems to make the most sense to start off like that.  I'm currently catching up on books/podcasts and am learning a lot about buy and hold strategies. Going to be tricky to buy and hold a property in LA and then get another loan for a second property.  I know it's possible. Just going to require lots of reading!!