Can You Ever Really Time the Market in Real Estate? 馃馃彙
Tulsa, OK 路 Member since 2025 路 21 posts 路 3 votes
In real estate investing, one thing that consistently challenges even the most seasoned investors is timing the market. Whether you're eyeing an up and coming neighborhood or trying to predict the next downturn, it鈥檚 always a gamble to wait for the 'perfect' moment. 馃晵
It鈥檚 easy to fall into the trap of waiting for ideal conditions, but in doing so, opportunities may slip by. Being proactive and staying focused on the long term picture can often be a more effective approach, even during uncertain times.
For those of you who have weathered different market cycles, what strategies have you used to navigate periods of market uncertainty? How do you identify a good deal when things are fluctuating? Let鈥檚 get a conversation going and share insights! 馃挰
I never try to time the market, if the numbers do not make sense without appreciation - I skip the deals. This strategy served me well in the past, never losing money in the deal. And I saw all these crazy predictions about growth, appreciation, upcoming neighborhood, new businesses coming to town - lose lot of money in one way or the another.
Great Topic Hector,
I've been in the real estate industry since 2000. I have seen government shut down, the crash of 2008, national speakers selling the next best shiny coin and so many other things that affected the real estate market and/or either aided or hurt real estate investors.
I think the most important thing to always keep in mind is not to plan for getting rich quick in real estate. Most people that made huge amounts of money after 2008 were already investing and the right opportunities came up because they were ready. Always be ready for a down turn, but don't wait for one.
My students and investors that have done the best in real estate always buy distressed homes, put money into the rehab and hold them for long term rentals. Others were lucky enough to buy when prices here were very low. Toledo is not the best short term rental area because it is not a tourist area. Therefore, long term rentals here do much better.
I'm also a big fan of buying and rehabbing, providing good turn key homes for those who cannot pay cash for distressed homes. But we use this strategy to create more available funds for future purchases and to help build a good long term rental portfolio. Returns in Toledo use to be crazy. 25% to doubling your money was common. Now our returns on both rentals and rehabbing are closer to 12% to 20%. Of course you have a big winner here and there but that is the average if you are consistently buying.
I love to hear about success in other areas so please share what has worked in the past and what is working now in other states.
Great Topic Hector,
I've been in the real estate industry since 2000. I have seen government shut down, the crash of 2008, national speakers selling the next best shiny coin and so many other things that affected the real estate market and/or either aided or hurt real estate investors.
I think the most important thing to always keep in mind is not to plan for getting rich quick in real estate. Most people that made huge amounts of money after 2008 were already investing and the right opportunities came up because they were ready. Always be ready for a down turn, but don't wait for one.
My students and investors that have done the best in real estate always buy distressed homes, put money into the rehab and hold them for long term rentals. Others were lucky enough to buy when prices here were very low. Toledo is not the best short term rental area because it is not a tourist area. Therefore, long term rentals here do much better.
I'm also a big fan of buying and rehabbing, providing good turn key homes for those who cannot pay cash for distressed homes. But we use this strategy to create more available funds for future purchases and to help build a good long term rental portfolio. Returns in Toledo use to be crazy. 25% to doubling your money was common. Now our returns on both rentals and rehabbing are closer to 12% to 20%. Of course you have a big winner here and there but that is the average if you are consistently buying.
I love to hear about success in other areas so please share what has worked in the past and what is working now in other states.
Great insights! It's clear that long term, steady strategies like buying distressed homes and focusing on rentals have proven successful over time. Staying ready for opportunities and not chasing quick wins is key. Thanks for sharing your experience; it鈥檚 always helpful to learn from the successes of others!
In Oklahoma, cities like Oklahoma City and Tulsa are seeing steady growth. Home sales in Oklahoma City are expected to increase by over 8% this year, and prices are holding strong. Renovating properties and focusing on long term rentals has been a solid strategy here lately.
Would love to hear what鈥檚 been working for others in different states!
Sounds like a solid strategy. Sticking to the numbers and avoiding the hype is a smart way to stay on track.