3 reasons waiting for “perfect” property market conditions will cost you
Many people ask me: “When is the best time to buy an investment property?”
Is it when you’ve completely paid off your own mortgage? Or before you’ve paid off your own home, when you’re still many decades from retirement?
If buying your dream home is already out of your budget, do you hope the market falls or do you rentvest to get a foot in now?
Should you buy when the market is going through a growth phase so you can gain quick equity? Or wait till the market cools and you can negotiate a better deal?