Updated over 9 years ago on . Most recent reply
When prices are BOOMING
Buy and hold.
Prices are out of control high.
People are fighting for deals with a 3% return.
That's right 3%.
If you're lucky, you could get 5%, but you have to be very quick and informed.
So what do new investors do here. Wait for a a crash? Or keep hunting for an unlikely bargain?
Flipping may work in this market but that's speculating not investing right? I believe there's some big tax on that too but could be wrong.
Thanks in advance for any tips.