For the past decade, the credit market has been quite generous. Many new real estate investors have only experienced these favorable conditions. It has been a time of prosperity! When the economy is strong, everyone benefits! There’s a sense of happiness, joy, and love all around, with money flowing freely like a river!
What could inspire you to seize the market? Consider these powerful motivators:
– The excitement of not missing out on profitable opportunities
– Embracing reduced risk aversion and skepticism
– Committing to thorough due diligence
– Harnessing the energy of money chasing impactful deals
– Understanding the potential of acquiring assets in greater quantities
– Recognizing the value in buying assets of all types
– Navigating relaxed loan covenants with confidence as lenders compete for business
– Pursuing high asset prices, low prospective returns, and embracing calculated risks with promising rewards
– Believing in the ongoing potential for improvement and growth
These factors can ignite your passion for exploring what’s possible in the market.
Ironically, the worst of deals are done in the best of times! And that is what we’ve seen for the past 12 or so years.
But don’t forget Warren Buffett’s haunting prediction: “Only when the tide goes out do you discover who’s been swimming naked.”
