Monday, April 27, 2009
Taking advantage of a down market...
I am still finding an abnormal amount of people who are claiming to be waiting for the bottom before they get into investing. To me this is turning into more of an excuse than it is a valid concern. I understand the importance of not overpaying for an investment, but I also know that the flip side is equally as damaging. That side would be waiting to long while opportunities are prime for the picking.
Today I put offers in on four properties. Two will likely sell for more, one is under contract, and the fourth is trying to hold out for more. I am saying this only because it proves that there are plenty of people taking advantage of these opportunities and I would hate to have you miss out. If you are on the fence about investing, now is the time to get off and make some offers. It is true that prices could come down more in some areas, but it is equally as likely that they will go up.
I would be happy to answer any questions that you may have regarding real estate investment and getting started.
Happy hunting and I hope you find the deals that will make you wealthy in this opportune time!