I've never heard anyone say: "VTSAX is 50 percent more expensive than it was five years ago! It's too late to buy. The good deals are gone. I'll wait for the next crash."
Yet they'll say that about real estate.
Sure, people might debate whether the stock market is overvalued. But if you're a long-term investor, you dollar-cost average into the market.
You understand that a share of VTSAX will cost significantly more today than it did 5 years ago, because, well, assets appreciate over the long-term. ✨That's the point.✨
But when the topic turns to rental properties, many would-be investors sideline themselves because they're convinced that "I'm too late" and "the good deals are gone."
Sure, you can't blindfold yourself, throw a dart at a list of houses, and find one with an amazing cap rate, like you could in 2012.
Sure, you have to actually, erm, what's that word ... WORK.
But good deals are available for those willing to find them.
Back in 2015, I often heard people lament that they were "too late" because real estate prices had risen so much in the past three years.
"I should've invested in 2012! The run-up has already happened. I'm too late. I'll wait for the next crash."
Nearly nine years later, they're still waiting.
The question is: are you going to be one of those people who says "it's too late! the good deals are gone!" and then sit on the sidelines for the next 30+ years?
Or are you going to train and compete?
We’re grieving in #DFW.
Aching after learning about this family’s tragedy. If it’s in your heart (and budget), here’s their @gofundme:
#Allen Tx Shooting-R.I.P. Kyu, Cindy and James Cho
https://t.co/mibxm8E6yX
In 2026 you may have more options to fly in/out of DFW with the expansion of @McKinneyAirCtr Planned to offer commercial flights!
https://t.co/vT8nv8BXZF
@DebtFreeGuys @staywinningpod It’s called the front-end ratio and the back-end ratio, respectively. Is the first thing a lender will look at when qualifying a buyer. FHA loans have higher ratios, hence easier to qualify.
With a gross income of $125,000, your monthly income is about $10,400. The 28/36 rule dictates that you shouldn’t be putting more than about $2,916 a month toward your mortgage, and no more than $3,750 toward your overall debt.
#finances#realestate
Is being a #foodie key to your #fulllife? Consider Richardson TX! It’s going through a major redevelopment and food options are already great. More to come! #findplena#RichardsonTX#dallasfortworth https://t.co/A1WaSkebws
BREAKING NEWS! The Frisco Universal park will join the PGA of America’s new golfing resort as major attractions in the Fields community, which has been in the works for four years.