"It Takes As Much Energy To Wish As It Does To Plan" Eleanor Roosevelt - Financial planning is an unnatural act. The brain is wired to make us undervalue long-term goals and exaggerate the cost of short-term sacrifice. Set concrete, attainable goals. Then commit.
As CAPs rise good investments are avaliable. Well located net lease properites may be obtained at CAP rates that were not available 9 months ago. The market now offers opportunities for investment that have not been seen recently. Identifying the location that will appreciate over the hold period takes some looking, but more are available now. Know what you want for upleg or target property before you begin your search. Takes some looking...but its worth the time and care.
There Is Nothing New In The World Except The History You Do Not Know - Harry Truman. For investors the most expensive words in the English languarg are "This time it's different" (Sir John Templeton). Stay with the basics of real estate investing. The blocks and tackles that work. The profit in the investment is made when you buy it. Do your homework. Understand and buy location. Buy low...sell.....you know....
>>Choose Your Closing Attorney (even inisde Title Co) Carefully; >>Get Broker Input on the LOI Terms >>Gain Seller Knowledge/Situation Before Submitting LOI; >>Stay In Your Investment Property Area of Knowledge; >>Include Terms in the LOI That Offer You the Best Negotiating Leverage on Sale Price; and...>>Make Sure the Contract is Written SO THAT IT CAN, REPEAT CAN, CLOSE.