Real estate cycles are a critical component to real estate timing, something that anyone in real estate investing should know. Understanding and timing market cycles successfully can help make you a lot of money in real estate investing. By understanding the market cycles you can practice real estate timing - where you buy when prices are down and sell when prices are high.
The key to this is you have to be counter cyclical in real estate investing. The average buyer buys near the peak of a real estate market cycle and sells near the bottom of a real estate cycle because they follow the herd mentality. but that's not how you make money. In real estate investing you have to break from the herd mentality with real estate timing by using the real estate cycles. This is how the wealthy make their money. They buy when everyone else is selling and sell when everyone else is buying.
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