A friend of mine is puzzled why I keep warning others to beware of buying overpriced properties in an overheated market.
“Didn’t you make your bucks from people who bought recklessly at the last peak of the market?”
“If all buyers are so cautious, where can you find good deals next time when the market crashes?”
I was speechless. You won’t go warning the fish about the bait when you also want some fish for dinner.
And I did make my first bucket of gold buying cheap from owners who bought at the last peak of the market, and reselling their properties later with a decent profit.

Pick only the best

I love to shop in a buyer’s market. But that doesn’t mean that I just buy anything there.
It is true that there are many owners who are forced to sell during a difficult time. Yet I ...