Many agents report activity picking up in the North Georgia Mountains. This is a good sign. I myself have a buyer and of the 3 homes we picked to see 2 went under contract. But aside from this type of information the AJC ( Atlanta Journal Constitution) did a big piece on Cousins properties. Cousins is a publicly traded company and a mega real estate management/development company. Cousins is buying properties at an increased rate in our area.

Cousins plus Warren Buffet , Trump and Ted Turner are all buying. What this means is the marekt in their opinion is probably as low as it is going to get. What does this mean for you?

If you are a small investor or looking to get into your first home this is a great time to buy. If you are investing here is some advice,

If you are thinking, I can flip a property in 6 months ask yourself what if I have to hold it 18 months? If you cannot hold it that long then do not buy it. That's right I am a Realtor advising you not to buy.

If you can pay cash for a lesser priced but good value property do so. You will save on closing costs and not have finance charges eat into your profits.

Take a lesson from the Crocodile. We have all seen the National Geographic films with a Croc leaping out of the water and snagging a Zebra or Wilde Beast. But the Croc started as a baby snagging dragon flies, grasshoppers and other unsuspecting little things in the water. As the Croc grew it snagged bigger things. Along the way it had to be careful not to get snagged itself. But as it grew there were less and less things that could harm it.

So learn from the beast Eat often, but eat (invest) with in your means. You will grow and be able to invest in bigger and bigger things as you grow your portfolio. Don't go after something too big or you might be the Eatee instead of the Eater !!!