I cant tell you how many times I hear other "investors" say theyd never buy the properties I buy, and you cant make money on them.....while Im 10 times wealthier than they are....because I actually get in the game, instead of staying on the sidelines waiting for some perfect deal to come along that never materializes. 

You may not plan on using hard money but having someone on the sidelines that knows you, knows what you do, and knows how you do it is valuable if you find yourself in a predicament where you need quick cash to jump on a good deal. 

If the banks or private money won't play ball, no sense in waiting on the sideline.  

I'm still in the learning phase and on the sidelines myself.

I'd rather have my money parked on the sideline loosing value due to inflation than shoehorn myself into a deal just because its the hot method on BP. 

Hi Spencer, There's nothing wrong waiting things out on the sidelines, especially if you're not exactly comfortable with where things are at in terms of the market cycle.

The great thing about divide and conquer is that it gets you actually doing something about your goals (the first sub-step), rather than sitting on the sidelines just hoping the big goal happens some day.Another thing that I think is really important is knowing what your goals really are.

All, of who, will share in the fruits of our labor...only on a delayed basis.So we are definitely in a unique situation...however...I have never understood why that is so...I met a carpenter in San Diego once who was working on a restaurant interior...he shared with me that he had a regular job and that this was sideline work (on a Saturday). 

I’d rather take a calculated risk than sit on the sidelines for another three years

Most of the deals that were in very early stages of marketing at the beginning of the coronavirus period are being pulled and moved to the sidelines.