Is it too risky to start now?

[Zach Ataiyan]

I'm new to BP and very excited about the thought of investing in real estate. But I question if it is wise to enter the market right now when so many people are looking to buy personal homes. I'm interested in rental properties and BRRRR investing but not sure if it's wise at this point to jump in with such a competitive market. Perhaps flipping is a better move (something I am also comfortable with, just have a full time job). Any other viewpoints?

[Paul Choi]

IMO, BRRR is safer than flipping from an risk standpoint. As markets rise and heats up, flipping margins tightens and more risk holding the bag when the market heads down.

In general, finding the deal is paramount to market conditions.  You can find deals where the numbers work in an up market. Although they are harder to find but they are there and capital is more available.  In a down market, tons of deals but capital is harder to source as things tighten up.  I guess the bottom line is always keep looking for deals and buying regardless of what the market does.