When is the best time to buy an investment property?
Whenever you can afford it. The mistake a lot of first time investors make is believing that there is a right and wrong time to invest in property. Unfortunately, this belief is far more likely to find investors missing out on great long-term opportunities because they simply waited too long, then it is to find the investor the perfect property at the perfect time. THERE IS NO SUCH THING AS THE PERFECT PROPERTY. As an investor your attention should be focused on where (Location, Location, Location) rather than when to invest in property. There are always opportunities for smart investors, regardless of timing, as long as you understand the basic fundamentals of property investment in an ever-changing market.
