Yessirree Bob that's what ALL of the self-proclaimed experts are and have been saying... Why hell, it's a buyer's market, interest rates are low, and gosh darnit (I prefer not to cuss you know) it's just the best darn time ever (to give me your money so I can show you how to get into this at this GREAT time!) Yes sir, THAT is the actual message being spewed about...
Why do I say that? I say that because, well it's true, it's nothing re than a come on to sell seminar seats. Let's face it, it is a pretty good time to buy depending on your financial position and what you plan to do with the properties. But the flip market is fairly soft in a lot of areas thus making rehabs a little risky ESPECIALLY if you're not apt to do higher end finishes in your rehabs or if the property won't support a higher end rehab. Additionally, strangely the rental market seems a bit soft, counter to the wisdom that assumes with tougher mortgage criteria more people should be looking to rent. Lastly, many would be, and also experienced investors are finding financing their purchases to be a challenge from a number of perspectives.
So, while there are still some good buys out there and even a number of portfolios being offered up, my humble opinion is that this is no better and no worse a time to invest in real estate than two years ago or 2010.
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