Why do we so often fall into the trap of feeling the need to try and convince others that they're wrong? There's more than one way to do just about everything, and that's OK. That doesn't (necessarily 
) make those who are different to you stupid or gullible.
If you're employed, happy to stay that way, and on a long-term plan, yes, you sure can make money by buying at market and waiting for the "rising tide".
If you have plenty of time and enjoy scouring the listings (as I do!), you can occasionally pick up a gem. (I can see why some may have difficulties with the term "bargain", arguing that the market is perfect. I'd argue that the market isn't perfect because of imperfect information availability, but that's another issue. Let's say that there are properties out there that are worth "more than would be apparent from a passing glance".) And if you pick up one of these, it can substantially speed up your growth in equity. If you can't be bothered trying to find one, that's fine, don't!
If you enjoy renovating, you can make money flipping. It's not something that I'd consider because I hate DIY, and I don't think you can earn enough per person-hour to justify the effort. But that's me; it doesn't mean that it's not possible to make money renovating - there are plenty who do.
Wrapping, lease options and developing, to my way of thinking, are property-related jobs rather than investing (notable exception: when you develop and hold); because the income ends when you stop working. But plenty of people and companies have made good money from these strategies.
I think it's been amply demonstrated through history and this forum that there are many strategies via which one can profit from buying and selling property. The one that each individual chooses depends on their risk profile, their expertise, the time they have available, whether they need income or equity, their personality, their financial situation, etc.
Thank God there are so many different strategies, otherwise we'd all be competing to buy the same properties at the same price, and nobody would profit!
) make those who are different to you stupid or gullible.If you're employed, happy to stay that way, and on a long-term plan, yes, you sure can make money by buying at market and waiting for the "rising tide".
If you have plenty of time and enjoy scouring the listings (as I do!), you can occasionally pick up a gem. (I can see why some may have difficulties with the term "bargain", arguing that the market is perfect. I'd argue that the market isn't perfect because of imperfect information availability, but that's another issue. Let's say that there are properties out there that are worth "more than would be apparent from a passing glance".) And if you pick up one of these, it can substantially speed up your growth in equity. If you can't be bothered trying to find one, that's fine, don't!
If you enjoy renovating, you can make money flipping. It's not something that I'd consider because I hate DIY, and I don't think you can earn enough per person-hour to justify the effort. But that's me; it doesn't mean that it's not possible to make money renovating - there are plenty who do.
Wrapping, lease options and developing, to my way of thinking, are property-related jobs rather than investing (notable exception: when you develop and hold); because the income ends when you stop working. But plenty of people and companies have made good money from these strategies.
I think it's been amply demonstrated through history and this forum that there are many strategies via which one can profit from buying and selling property. The one that each individual chooses depends on their risk profile, their expertise, the time they have available, whether they need income or equity, their personality, their financial situation, etc.
Thank God there are so many different strategies, otherwise we'd all be competing to buy the same properties at the same price, and nobody would profit!
