Dear Friend,
Permit me to get straight to the point…
The best time to BUY from a ‘market timing’ perspective is NOW…
See below;
The best time to BUY is NOW…
Don’t say 2 years from now that I didn’t tell you so…
I often get asked by property investors; ‘What’s more important; the timing of the market or time in the market?’, and my answer is, and has always been the same for the last 20 years…
It’s always time in the market rather than the timing of the market, that will make you money, as property investing is a long-term game! Hence, don’t wait to buy an investment property, rather, buy an investment property and wait’…
Having said that, I am a big believer that you can combine the two if you want to significantly accelerate your property portfolio growth, but there is a twist to this…
And that is, practice counter-cyclical investing!
So what is counter-cyclical investing?
Well, in essence, it is doing the exact opposite of what the vast majority of property investors are doing in the market.
When the consumer sentiment is low, characterized by low clearance rates of 50% or lower, smart investors buy. When the market is booming, which is usually the shortest part of the property cycle, sophisticated investors focus their energy on revaluing their properties and locking in their lines of credit (LOC) at the highest possible level, waiting once again for an opportunity to snap up a bargain at the low point in the market.
Essentially, your job as a property investor is to watch the market for any higher references of properties that have sold in the last 90 days or less, in the same postcode, similar in size and architectural style. Once you find a higher reference in the market, you have the ability to request a valuation via your lender, based on the new comparable sale, to have your investment property revalued and subsequently increase your line of credit (LOC) or redraw facility, freeing up more equity to buy more property.
This practice of counter-cyclical-investing will take discipline but you will gain more confidence as you become financially literate. Perhaps the best example of counter-cyclical investing is that of the infamous Warren Buffett who, by age 79, built Berkshire Hathaway into a $198 billion company, averaging an annual growth of 20.3% in book value to its shareholders for the last 44 years, while employing large amounts of capital and minimal debt. Warren’s famous style of investing was encapsulated in a quote;
“I will tell you how to become rich. Close the doors. Be fearful when others
are greedy. Be greedy when others are fearful.”
- Warren Buffett
Remember that the risk always lies with you, not with the market. The market is simply a vehicle that transfers wealth from the uneducated to the educated. The sooner you gain the necessary skills and education to take advantage of the property market, the sooner you will be making money and taking advantage of rare opportunities such as what the current property and share markets are presenting right now.
So, what are you waiting for? Reserve your place and join me and 55 like-minded property investors at the next Real Estate Investing Fast Track Weekend!
Seats are strictly limited so book NOW in order to avoid future disappointment…
Here’s a Sneak Preview of What You Will Discover By Attending This Unique 2 Day Live Event:
Seats are strictly limited so book NOW in order to avoid future disappointment…
Kind regards,
KONRAD BOBILAK
Interested in learning more about property investing in Australia? Please visit our main website InvestorsPrime.com.au for loads of free resources, articles, videos and more to help you on your investing journey.