2007-02-09 11:12:16 · 3 answers · asked by An Tay N 1 in Business & Finance ➔ Renting & Real Estate
Sell when it's up and buy when it's down. But like any investment, you can only know exactly when in hindsight. It's possible to make a killing in a relatively short period, but you have to assume a certain amount of risk - and the best anyone can do is make an educated guess on the timing. Leverage can work for you, but can also work against you if you've guessed wrong.
However, for overall reasonable long-term investing, all you should do is buy and hold long-term. The way to successfully be able to do this repeatedly is to only buy into a situation where your overall cash flow (gross rents less monthly expenses) is at least slightly positive. Then you're never forced to sell, and any upward appreciation is gravy.
2007-02-09 11:53:25 · answer #1 · answered by Marko 6 · 0⤊ 0⤋
Buy when its down, sell when its up. Simple
2007-02-09 12:28:35 · answer #2 · answered by frankie b 5 · 0⤊ 0⤋
ENROLL IN THE TRUMP INSTITUTE,& get wealthy
2007-02-09 12:49:34 · answer #3 · answered by jaguar131 3 · 0⤊ 0⤋