Foreclosure filings have jumped 57% from a year ago. The bubble has burst, and if you think this only affects us here in the US, you're wrong. It's has spread overseas.
You can call me a pessimist, but the reality is staring us in the face. We're in a recession. And, if these articles and everything else that's happening are indicators of our situation, it's going to get worse before it's going to get better.
There is no better time to buy.
The hype is done. The boom is over. We've dropped and the opportunity is now. So, how do we buy when things are tight and the market is tough? We buy smart. If you're buying rental and cash flow properties, the prices are right and your methods are important. Our dollar has continued to slump in value and, while it drops, it would be wise to put what you have left of it into something that will not only bring you a regular monthly return, but eventually return to you on the appreciation end.
Take your cash and put it into something that makes sense. You have a great opportunity in front of you. The market is ripe for the picking. What are you going to do about it?
Tuesday's Tip: Use your cash before it fades away.
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