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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] The trick is to be aware of the turnaround.. Posted by Ward-CA- on August 31, 2003 at 4:43 PM In Reply to: 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. =-=-=-=-=-=-=-=-=--=-=-=-=-=-=-= Bob, When your local real estate market reaches its price apogee you’ll know it soon enough. Your local real estate pundits won’t be able to contain themselves as they exclaim that the demise of the market is finally here. That’s the time to use forward pricing, discounting current comparables by five percent or more to adjust for the mushy prices you expect when reselling today’s buys in the next six months or so. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : 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. : =-=-=-=-=-=-=-=-=--=-=-=-=-=-=-= : Bob, : When your local real estate market reaches its price apogee you’ll know it soon enough. Your local real estate pundits won’t be able to contain themselves as they exclaim that the demise of the market is finally here. : That’s the time to use forward pricing, discounting current comparables by five percent or more to adjust for the mushy prices you expect when reselling today’s buys in the next six months or so. : Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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