User Power
Value/Post Ratio
456%
- Jul 24, 2007
- 4,228
- 19,297
I've been talking about retirement and moving in that direction. But my plan all along has been to wait for the market cycles to change. I want to jump in for one more cycle.
After watching certain cities go through a very irrational jump up in prices, they will become my target as they go into correction. There is no chance that most apartment buyers in these areas are making cashflow. The hot potato will be in some people's hands when the buzzer sounds.
My plan is to assemble 2-10 million in commitments that will be ready to jump in. We will target non-performing bank notes and properties.
My estimate is that this will start in 2 years.
One last hurrah...
After watching certain cities go through a very irrational jump up in prices, they will become my target as they go into correction. There is no chance that most apartment buyers in these areas are making cashflow. The hot potato will be in some people's hands when the buzzer sounds.
My plan is to assemble 2-10 million in commitments that will be ready to jump in. We will target non-performing bank notes and properties.
My estimate is that this will start in 2 years.
One last hurrah...
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.