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You Make Money When You Buy, Not Sell

The title of this post is something I heard a few times over the years.  It didn't make a lot of sense then but sure does now. Reminds me of something Warren Buffett would say.  One of his most famous & recently well used quotes is "to be cautious when others are greedy, and greedy when others are cautious." Less face it, right now, a lot of people are cautious. Even with the 20-50% price drops, and more and more bank owned deals hitting the market, some buyers continue to wait on the sidelines.  I am not … [Read more...]