[quote=bearishgurl][quote=sdrealtor]The persist for a few years is the key but that doesnt mean wait a few years and then head out. The best deals are very elusive. The house my client is getting is the kind that stays in a family forever and only rarely do properties like this hit the market at any time or any price. If you arent looking now and arent ready to strike when that opportunity presents itself (which could take a couple eyars of work to find) it is very unlikely you will be among the truly big winners in this cycle.[/quote]
For ONCE, sdr . . . I agree. I’ve experienced a few “cycles” in my lifetime and always have known this. I’ve tried to articulate this concept here, but feel it may have fallen on deaf ears :={[/quote]
The wife and I, between 1999 and 2001 had our eye on harbour and down town LR view Point Loma house for $625K to Rancho Santa Fe under $1M. We could have afforded them at the time and would have made an absolute killing on either. But we were young, afraid, and inexperienced. We are determined to not sit on the sidelines and miss this period as well because we’re too afraid of making a mistake.
