Blogging Broker

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Get-rich real estate books also hit a slump

Which is somewhat ironic because usually when these books are flying off the shelves and everybody is in a real estate buying frenzy you’re probably near a market top.

I am a real estate investor and a stock investor.  I have done fairly well with most of my real estate investments but I’m going to tell you a little secret - Lazarus has made far more money investing in stocks than in real estate.  There are several one liners that I have heard about timing stock trades over the years which have stuck with me.  Here are a couple of my favorites:

1. Buy when everybody else is sad and sell when they are happy.
2. Buy straw hats in February, sell them in July.

I think the same principle applies to real estate in terms of those who are buying for investment (capital appreciation and income).

Anyone who has followed my blogs knows that I have been very bearish on buying real estate until the numbers indicate we have bottomed out.  I do believe we have hit A BOTTOM I just cant tell you if it is THE BOTTOM - only time will tell that.

If I could I would  share with you the charts and graphs with statistical data assemble by C.A.R but their copyright forbids me from doing so.

Want to buy a home in the Fresno / Clovis area?  CALL ME: Lazarus @ 559.301.1647
Owner/Broker  of  Lazarus Realty

Share This