With so much cash still sitting on the sidelines where is the next bull market in properties?

If you have a history of late payments, carrying a balance, or have just never held a credit card before and are unfamiliar with the temptations of having an easily accessible $5,000 sitting around can be, I would highly recommend you sit on the sidelines.

I absolutely hate when my money is sitting on the sidelines and not making me money.I would rather make 15% on my money twice a year than wait for the 20% ROI deal and do that once a year.

I know that I am not the only one doing spec homes and it would be great if other BP members would list their knowledge and experiences to help those that might be sitting on the sidelines thinking that this is more difficult than it really is.

It is also a good way to beef up your capital and to get yourself positioned to get into buy and hold.One thing about a market that is headed downward: there is very little competition for properties, and so it is possible to not only find a great deal, but to negotiate it into an even better deal.Once the market corrects and starts back upward, those sitting on the sidelines decide it is time to jump back in, and suddenly, there is more competition for the really great bargains.

I still talk to other investors who are sitting on the side lines.

I know a lot of people that just watch from the sidelines and never take action.

There are a lot of buyers on the sidelines who have simply been priced out of the market.

Sometimes doing something is better than sitting on the sideline and doing nothing...but again this deal is thin...so make sure you have cash reserves in the event something goes sideways. 

I'm sitting on the sidelines until it gets more attractive.I don't think you understand the tax rules.