When is the best time to buy an investment property?
Some may be thinking they are missing the boat or not timing it right in the market. What you as the investor should be look at is longevity. Investors make money with their properties over time. It is not a quick play, it is a long play. You aren’t going to make as much money in 1 year vs what you will make in 20 years.
Over the course of your 20 year investment, you are going to benefit from appreciation as the value of the property increases, cash flow, debt payed down by the tenant, and depreciation value for tax purposes.
The sooner you start investing the better. You can’t look at a property investment in the same way as a stock investment. You aren’t going to get a quick return. Flipping properties has the potential for a quick return. Owning properties is a long play.
When looking at a deal, consider how long you are going to hold it and does it align with your goal in say 20 years.
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