Worried about declining property values?

[Account Closed]

Lets say you can purchase property at a "nice" discount under retail value, as in 20-40% under market value...simply being in the right place at the right time. Ok, its a bargain. Now, if you intend to lease this property out, and "wait out the storm", then investors who are doing this with intention of selling later, obviously have are betting that property values stabilize at some point and head north again, correct? There are also tax advantages to this type of strategy, compared to flipping.

[Timothy W.]

Frankly I'd love property to lose more "value". I thought I was getting them as cheap as I could. Personally I don't care about "value" when it comes to the daily operation of a real estate rental business but there is a voodoo to owning a "portfolio" of properties rather than onesy, twoesy rentals. The portfolio starts getting "valued" based on it's cash flow rather than what the market is doing. Learn that voodoo and you can do some crazy things with "valuation".