Time to Hunt for Bargains?
TheStar.com | Real Estate | Market's ripe for real estate investors
This article in the Star echoes what I've been thinking and what I've read is Warren Buffet's mantra: When everyone else is selling, it's time to buy.
People are acting out of fear and this creates real opportunities for those investors with both the cash reserves and the guts to make a bold move in this market. Buy now! Be bold, be aggressive, be forward thinking. The fundamentals remain the same over time; buy good quality (or properties that can be turned around and made into 'good' properties) and buy for cash flow today, not capital appreciation tomorrow.
Follow my advice and, over the long haul, I firmly believe you'll profit from this economic nightmare we find ourselves in.
This article in the Star echoes what I've been thinking and what I've read is Warren Buffet's mantra: When everyone else is selling, it's time to buy.
People are acting out of fear and this creates real opportunities for those investors with both the cash reserves and the guts to make a bold move in this market. Buy now! Be bold, be aggressive, be forward thinking. The fundamentals remain the same over time; buy good quality (or properties that can be turned around and made into 'good' properties) and buy for cash flow today, not capital appreciation tomorrow.
Follow my advice and, over the long haul, I firmly believe you'll profit from this economic nightmare we find ourselves in.
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