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Making money in the begining of a down cycle

Posted by bob on August 31, 2003 at 2:31 PM

When a market starts to slow and prices are not appreciating and then start to fall. What tactics do you suggest in order to create and continue earning income.

Buy and rent/hold at the current levels does not make sense in most cases as the cash flows are not there. (So Cal)

Buy and sell will be risky as by the time the property is ready for market the price may have corrected.

What do the pros do in a declining market? Isn't that the times in which lots of wealth can be lost?

I'm not sure a correction has started, however I wanted to plan in advance. Thank you.


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