Is There Ever a Bad Time to Invest in Income Properties?
Is there ever a bad time to invest in rental properties? I am asked this question a lot and usually I reply that if you want shade from the sun, when is the best time to plant a tree? Today or 3 years from now?
I have always preached buying investment properties for the long term, keeping them in great shape which will ensure good tenants.
The following article in The National Post is well done and relates to my conviction that wise real estate investors are patient and understand that time, just like compound interest, is an amazing tool in building true wealth.
Here is the article.