January 1st I jumped in to the world of real estate investing. While I have made a ton of progress over the past three weeks (Thanks 12-Week Year), I am a bit concerned with some feedback I have been getting. I have spoken with five investors in my area (Southern NH, just north of Boston, MA) and every single one of them has said something to the effect of "Oh so exciting you are getting into investing. What a terrible time to start, however. You should wait a few years for the market to cool down."

Inventory is very low in my area and sales happen within days (sometimes hours), so there is definitely merit to what they are saying.

- Keep pushing. Analyze, make offers (if possible...inventory is VERY low), repeat.

- Continue networking with investors and try to find one that wants to help me out and sell me a property vs listing it

- Invest in other areas of the country. However, this seems so risky to me as I've never bought a rental property before. It's hard enough navigating this process in the area you live in, never mind a couple of thousand miles away.

I know this process won't be easy, and I am by no means giving up, just a bit discouraging to have 100% of investors tell you this is a horrible time to get into the game. 

End rant :)

Well, you're going to need to get your contact list (ie targets) together.  So I'd keep calling, you can always find deals.  

You may not find as many good deals if we're at peak, but you want to do this, you need to be persistent and the only way to hone your skills is thru practice.

Besides best time to buy is when no one else wants to.

There is never a bad time to buy, only a bad time to sell. That being said, you must ALWAYS BUY RIGHT.

Look for deals where the numbers make sense.  You have no idea what is going to happen down the road.

You cannot time the market. If you are waiting for the "right time" to buy you will never buy. Might as well forget about REI. Go out and meet people, knock doors, send postcards, post on social media. Let your world know you are buying and deals will come to you. Do your homework and be ready to pull the trigger when a profitable deal comes your way. Jump in and start swimming, there will never be a better time than right now! You will look back years from now and wish you had started even sooner.

Originally posted by @Curtis Yoder :

You cannot time the market. If you are waiting for the "right time" to buy you will never buy. Might as well forget about REI. Go out and meet people, knock doors, send postcards, post on social media. Let your world know you are buying and deals will come to you. Do your homework and be ready to pull the trigger when a profitable deal comes your way. Jump in and start swimming, there will never be a better time than right now! You will look back years from now and wish you had started even sooner.

 I think Curtis hit the nail on the head here. When you buy right, do your due diligence, there is no need to worry about timing.

In a few years it might be easier to start, but prices will be $100k higher then. So, pick your poison. 

@Jonathan Giglio

It seems like you are locking yourself down to your geographical area.

Widen your scope because there are still places where you can buy rental properties and come out ahead.

@Jonathan Giglio if you buy right it doesn't matter where/when you buy. I am an agent and have found some great deals for other investors on and off the MLS in the past year. Know your numbers and be patient until you find one where the numbers work and then move fast.

@Jonathan Giglio what’s you’re investment strategy and how many hours per week are you investing in real estate? I have over 10 investor focused agents on my team and we get good deals under contract for investors and for ourselves every single week. Deals are hard to find but they’re out there especially for the value add buy and hold investors and flippers.